Supreme Cannabis' (FIRE.T) low entry point provides solid profit potential as sector matures
Supreme Cannabis' (FIRE.T) low entry point provides solid profit potential as sector matures
The bloom is off the rose and the legal cannabis industry is getting a wake up call. Companies like Supreme Cannabis (FIRE.T) have kept away from the promo angle and quietly built solid profit potential for investors on a revenue generating business.
So as pie-in-the-sky promises made to pump market cap come crashing to the earth, Supreme rises above to present a tasty entry into a maturing marijuana market and like Amazon during the dot com bust, may just survive the slump to become a leader in the space.
Equity.Guru’s own Fabi Lara, takes a close look at Supreme, it’s value proposition and what investors can look forward to in the coming months.
Tune in!
today It’s at 0.16$ CAD… you may as well throw a few shares in the fire at this point, for luck.
I strongly disagree with their theory that the average user spends 129 a week! Thats obsurd, 90% of the people I know are pot smokers, including myself, all to various degrees. I would say that 5% at most of those people would spend over 120 a week. My room mate smokes everyday, has a volcano vapourizer and he cany even clear half an ounce in a week, which equates to 65 dollars for what he purchased.
This is the first thing I’ve seen from Supreme that I extremely disagree with and I’m highly sceptacle on what other assumptions they’re making.
Very good review of the dot com crash .
Many of those companies had zero earnings .
I’m also long supreme !
thanks
when do you think it will go up….
are they going to go into the US market
Think it’s a good buy still right now at these all time lows? I’m considering grabbing some.
Is there an update video for 2021
can you do a update on this stock and tell us why its still down
are u still holding this stock ?
U were right
I had a lot of shares and held them in December 2020. I watched it drop and wished I had sold them for a profit before it did. Watched it go up again in January and decided to hold again cause I was still convinced it would still go higher… It didn’t, it dropped down again. February 3rd it jumped back up again to the usual price range of about 0.23 cents. I sold expecting it to drop again, where I could then buy back in with even more shares. No, instead it starts shooting to the moon leaving me behind in the dust. Feels bad :/