Bullboard - Stock Discussion Forum 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.

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Supreme Cannabis Company Inc. (The) > 17 Million Warrants set to expire this Friday the 13th

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Post by Cannabiznas on Dec 10, 2019 11:23am

17 Million Warrants set to expire this Friday the 13th

SP needs to hit $1,69 CAD before Friday the 13th of Dec or 17 mil warrants go bye bye, will we see a boost from this?

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Comment by theTransporter on Dec 10, 2019 1:42pm

F.ck the warrants. It's better to let them expire which avoids further dilusion. Supreme succeeded in securing non-dillutive financing from a tier 1 lender (BMO) at attractive rates.

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Comment by OptGreen on Dec 10, 2019 3:16pm

Exactly Trans and no RS illusion to boot, based on guidance they will grow the comapny organically from here on...they are in a position of strength and they haven't even started to sell product yet. How many in the sector or any other can go to BMO and say we plan to sell ~$150mil over the next 7mos and walk out with a $90mil LOC at A rating terms, especially in a sector that is completely ...more

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