Over the weekend, shares of the Supreme Cannabis Co. (TSX:FIRE)(OTCQX:SPRWF) skyrocketed off the back of the company’s Q3 results. FIRE stock has corrected since; currently selling for $1.98 on the TSX.
But in anticipation of these results (released yesterday), shares exploded; climbing to $2.05 CAD on Friday.
Investors were clearly expecting good things. They weren’t wrong.FIRE Stock
The results showcase two very important takeaways for investors. The first was an increase in operational performance and revenue year-over-year. And the second was the approval for the company’s 7ACRES facility 90,000 sq ft ...