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Supreme Cannabis Company Inc. (The) T.FIRE

The Supreme Cannabis Co Inc is a Canada-based company engaged in the production and sale of medical and recreational cannabis. Its portfolio includes products that address recreational, medical, and wellness consumers. Its brands include BlissCo, Truverra, 7ACRES, Sugarleaf, and Hiway.


TSX:FIRE - Post by User

Comment by Methodon May 19, 2020 11:47am
333 Views
Post# 31046248

RE:Beena Goldenberg

RE:Beena GoldenbergI think the relationship with the CEO of Aphria might be the most important part of her story.

It might explain why the company isn't raising money aggressively like it's peers to handle convertible debt that will mature like HEXO, APHA and lots of others have done.

Maybe APHA will just end up bidding for FIRE come March. I'm not sure what share price that would be done at but the debs would likely only agree to par.

theTransporter wrote: When she joined Supreme as the new CEO, she wasn't unemployed looking for a job.  Ms. Goldenberg was sitting in a nice cushy CEO role for the Canadian branch of a $3B+ corporation (Hain Celestial Group).  She left that role knowing full well the situation at Supreme and the turnaround it was undergoing at the hands of Colin Moore (former Starbucks Canada CEO).  

Not sure if she's making the same salary as she did at Hain, but more than likely she's getting stock options which her actions in growing this company can make those quite lucrative for her (and shareholders).  If Supreme had no hope in growing and making a profit, she would simply have declined this job and stayed where she was.  

She's here because she is going to deliver.  This is the seasoned CEO with blood on her hands that I kept asking for over a year ago.  Colin Moore will also be running this with her through July when the transition period ends while he continues to provide his guideance from his seat on the board.


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