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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.

TSX:FIRE - Post Discussion

Supreme Cannabis Company Inc. (The) > For how long Fire has liquidity?
View:
Post by Pierreolivier15 on Apr 08, 2020 2:30pm

For how long Fire has liquidity?

With our current liquidity. How long can we survive without a refinancing or dilution?

 

Thanks

Comment by Method on Apr 08, 2020 3:03pm
If you buy FIRE.DB you have to worry about it less because refinancing and dilution will at least be to your benefit. Lots of people here think they will generate enough cash by next July that it won't be a problem to pay off the converts in October. Either way you more than triple your investment on FIRE.DB in 18 months (as long as there is no bankruptcy which I don't think will happen ...more  
Comment by OptGreen on Apr 08, 2020 4:25pm
They will be seeing a big increase in revenue from here on to full production Po, this will give them increasing leverage in paying down and managing debt. With healthy net margins and soon to be cash flow positive they will have many options to manage and restucture their debt and dilution...all of the funding for building facilities and equipment needed will be minimal going forward and those ...more  
Comment by HopefulJuan on Apr 08, 2020 5:27pm
Comment by OptGreen on Apr 08, 2020 7:57pm
Don't follow the OCS so not sure about what is listed or where HJ and can't recall the "supply side issues" you are referring to but the product supply is just nicely beginning to ramp up now. There are no issues that I am aware of except for a revision of the Dec guidance that spoke to a bit of a lag in the roll out as per guidance, of which appears to be a matter of weeks as ...more  
Comment by Pierreolivier15 on Apr 09, 2020 9:31am
Kke oils have been sold out for quite a while. That is disapointing. On a positive note, blissco pur dew will be soon available on the OCS.
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