Supreme Pharmaceuticals Inc (FIRE-X) Stock Predictions - Stockchase
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Supreme Pharmaceuticals Inc (FIRE-X)

ON STOCKCHASE SINCE Apr 2017

Cannabis

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Supreme Pharmaceuticals I...

FIRE-X

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Supreme Pharmaceuticals Inc (FIRE-X) SAVE Feb, 2, 2019, 4:17 am

2.26 0.12 (5.61%)

About Supreme Pharmaceuticals Inc (FIRE-X)

The Supreme Cannabis Co Inc is engaged in production and sale of medical cannabis. The company is a cultivator and distributor of sun-grown cannabis through its wholly-owned subsidiary 7ACRES. More at Wikipedia

What the experts are saying about FIRE-X



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He has looked closely at this and now sees them stepping out to provide high quality bud to other producers.  They just signed a major contract to supply Tilray (TLRY-N), which he feels adds substantial credibility to their business model.  The risk lies in them not having a distinct brand.  

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He has looked closely at this and now sees them stepping out to provide high quality bud to other producers.  They just signed a major contract to supply Tilray (TLRY-N), which he feels adds substantial credibility to their business model.  The risk lies in them not having a distinct brand.  

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Charles Taersk

President , Faircourt Asset Mana...

Price Price
$2.020
Owned Owned
No

DON'T BUY

Everything moved up on Monday, it felt like a compulsory buy. He used to own it but owns only debentures and warrants now. It’s a plain vanilla cannabis company--growers. They don’t plan to retail, they plan to sell to retailers. They seem to know what they’re doing, but in terms of new investments, there are others that he likes better.

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Everything moved up on Monday, it felt like a compulsory buy. He used to own it but owns only debentures and warrants now. It’s a plain vanilla cannabis company--growers. They don’t plan to retail, they plan to sell to retailers. They seem to know what they’re doing, but in terms of new investments, there are others that he likes better.

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James Hodgins

Chief Inve, Curvature Hedge Stra...

Price Price
$1.840
Owned Owned
No

COMMENT

He owns a convertible debenture and some warrants, but is short some of the stock as a hedge against it.  He does not have a particular view in the near term.  He sees them as capable operators.  He would put them in the upper quartile area of the sector, but believes the cultivators are generally over-valued.

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He owns a convertible debenture and some warrants, but is short some of the stock as a hedge against it.  He does not have a particular view in the near term.  He sees them as capable operators.  He would put them in the upper quartile area of the sector, but believes the cultivators are generally over-valued.

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James Hodgins

Chief Inve, Curvature Hedge Stra...

Price Price
$1.780
Owned Owned
Yes

BUY

It is going to have a premium recreational weed product.  It really wants to grow good ‘stuff’.  When the market comes out there are going to be premium products.  They are expanding in a disciplined way and increasing the grow rooms.  They are going to have 340,000 sq. ft. by 2019. 

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It is going to have a premium recreational weed product.  It really wants to grow good ‘stuff’.  When the market comes out there are going to be premium products.  They are expanding in a disciplined way and increasing the grow rooms.  They are going to have 340,000 sq. ft. by 2019. 

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Chris Damas

Editor, The BCMI Report...

Price Price
$1.210
Owned Owned
Unknown

BUY

Just got its sales license.  They have a dried bud business model.  Management are smart and are holding back on spending their capital.  It is interesting and he likes that they are not making wild expansion plans.

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Just got its sales license.  They have a dried bud business model.  Management are smart and are holding back on spending their capital.  It is interesting and he likes that they are not making wild expansion plans.

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Chris Damas

Editor, The BCMI Report...

Price Price
$1.120
Owned Owned
Unknown

BUY

Cannabis. They’ve had their cultivation license for a long time. There should be no problem. Seem to have a well-run operation. Management is fine. Once they get the sales license, there is some good upside in the stock. This is a reasonable time to be picking away at stocks like this.

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Cannabis. They’ve had their cultivation license for a long time. There should be no problem. Seem to have a well-run operation. Management is fine. Once they get the sales license, there is some good upside in the stock. This is a reasonable time to be picking away at stocks like this.

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James Hodgins

Chief Inve, Curvature Hedge Stra...

Price Price
$1.290
Owned Owned
Yes

COMMENT

A lot of people have been concerned about the sales license with this company. They were very close to getting their sales license from Health Canada, and then there were pesticide issues with some other companies. Health Canada asked the company to look at some of the fertilizers they were using. Now they have to get those onto an approved list before getting their sales license. It’s just a longer review process than what was expected.

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A lot of people have been concerned about the sales license with this company. They were very close to getting their sales license from Health Canada, and then there were pesticide issues with some other companies. Health Canada asked the company to look at some of the fertilizers they were using. Now they have to get those onto an approved list before getting their sales license. It’s just a longer review process than what was expected.

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0 comments
Bruce Campbell

President , Stone Castle Investm...

Price Price
$1.480
Owned Owned
Unknown

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