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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 OptGreenon May 05, 2021 1:53pm
139 Views
Post# 33133224

RE:RE:Question this morning?

RE:RE:Question this morning?Agreed BH we get the same number of WEED shares no matter what the SP, but the lower the WEED SP the better, as we are picking up WEED at hopefully the low...if the estimated growth of WEED and upside for SP are even close, our gain potential improves the lower the conversion price of WEED. WEED SP hit ~$70 earlier this year and they are expected to blow through that by year's end. Our share count is set and the lower we get in the better, if estinates are accurate.

The cash part of the deal is to avoid cap gains in the transfer of shares, I believe. JMHO...Opt

BigHero wrote: Short answer is no. You get .01165872 Canopy share for each Supreme share plus a measly meaningless cash amount per share that's not worth even writing about.
Your hope here is that Canopy share rise! If they continue to decline you may be worse off...


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