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Will this affect Canopy further down the road??
https://www.newcannabisventures.com/publicly-traded-global-tobacco-company-bets-on-cannabis-alliance-one-international/
Holding steady!!! High volume !! Cant wait for more news!!!!
Finally!!! A company with big pockets is getting into the weed business!!! I’m all in!!! This company is going to grow huge with its 5 year plan. Hemp—CBD — greenhouse weed!!!!!
Me thinks there are some more shorts needing to cover
Official press release on increased grow area
http://www.supreme.ca/news/press-release-details/2017/Supreme-Receives-Approval-for-Increased-Capacity-at-7ACRES-Hybrid-Facility/default.aspx
John Fowler stated on Twitter about the certification of the new grow rooms>>
Approval process no longer requires a pre-inspection. "Licensing 2.0" is a paper based process..
Rumor has it they can be approved as early as next week
Congratulations everyone on your patience!!!! It’s been a long road for a lot of us but this is the news we have been waiting for a long time!!! It’s validation of a great company on the rise.. and a lot of faith in the management!!
Imagining all the weed being grown at 7 Acres...
We have the people in place and the weed growing steady!!! It's going to be a great year!!!
John Fowler on the Face Book Supreme Discussion page agreed with a statement from a member that in 2018 Supreme will be able to produce 50 million grams ... the PE on a company after that is easily a billion if not 2 billion with the growth potential...That is what is stated in the Dinafem video!!!
This new video states Supreme will be able to produce 50 tons of weed. That is 50 million grams. That would place a PE of about 2 billion dollars ..
Am I seeing something wrong? Won't Supreme be able to sell directly to these pot stores being setup by the government with the 7 acres label? This is great for Supreme!!
Prediction.. we are bought out by Christmas .. no news to go by just a gut feeling after following and owning this stick for many years..
Some important numbers.. 50 DMA .98
200 DMA 1.14
That article is silly.. recreational value is between 4.6- 8 billion
10 percent would be 700,million 10 PE IS 7 billion... that would place Supreme at @25 a share.
Even if Supreme only gets 5 percent that is 350 million 10 PE IS 3.5 billion. 5 PE IS 1.8 Billion. No matter once weed is legal we will sell as much as we can make.
John Fowler
Guys: we never wiggled. Status quo = product saleable, material news = product not. It would have been highly improper for us to announce sales and not comment on any unsaleable crops.
John Fowler just stated the REMO crops are saleable. Everything grown can be sold.. Just clarified it completely !!!!
High Volume .. someone is buying
Halt!!!
We all hear shortage of weed .. this article gives numbers
http://nypost.com/2017/06/23/canada-is-running-out-of-weed/
Cup and handle forming ..
yep ... if it goes lower it will be my time to buy more.
REMO nutrients are the best.. nothing wrong there and these guys know how to feed plants. Also all the real good home growers use their Sh*t .. gives great credibility to people who know their weed!!
You should cover your short position already..
Buy and hold .. it will pay big
This is an easy stock for someone to manipulate. Lots of 100 share orders are very suspect.
I know a lot don't believe in fundamentals on these type of plays, however look at the 200 DMA. It may hold may not. I don't care .. I'm long for another year or two. I have too many shares to be day trading this.
Good Article on Canada legalization
http://www.cnbc.com/2017/04/20/the-us-falling-behind-other-countries-like-canada-on-marijuana-commentary.html