Supreme Cannabis Company Inc. (The) T.FIRE

COUNTING EGGS

[Dreamthat]

I believe this deal will be a goose egg (0)! Even though I'm in under .25 I just don't think this is going to get done. With a no vote I don't believe will get back down to the $.20's will stay in the $.30's. GLTA

[aurorahigh]

??? I do not even know why I’m resonding but we were ~mid 20’s before nr.  And it certainly will again if it’s downvoted. ( extremely highly unlikely btw ).  Acrually it’d be worse for fire.  The cost to have this deal negated plus the market sentiment will see it lower.   Just being a realist.if you follow the market it’s pretty much a given.   Tl:dr we are in the .30’s

[aurorahigh]

Also most posts here don’t talk about where fire sp would be now pre merger talks.  It was mid .20’s , a lot due to pp and in current market pullback would of been lower. sp is still roughly 30%+  higher since nr.  

[ridingrockets]

Market sentiment will see Supreme lower? Sorry but so long as they show continued growth in the Canadian recreational market FIRE:CT will be just fine. Hard to remember back a few months ago when analysts where stoked about this company and where it was heading. We even got a solid bump to projected share price with a high of .55 from one analyst in particular with a low of .30 from another If I

[aurorahigh]

You said it yourself analysts prediction covered both extremes.  

[ridingrockets]

And right now we are sitting on the low end of that. Any cancelled deal will not drive this company that much lower. Maybe back to where we were around .265/.275. If there was no deal in play next week with likely an increased rec market share and fire would not be where we were, we would most likely see a jump equal to or greater than what we saw from the aquisition news. Increased market share

[Dreamthat]

SUPREME: A growing portfolio of brands. Weve emerged as one of the worlds fastest-growing, premium plant driven-lifestyle company by effectively deploying capital to build a diversified portfolio of successful cannabis brands. Producing the best cannabis possible remains our obsession, because our consumers expect nothing less. We don't need Canopy they need Supreme!

[George141]

...this is a true fact....there is no reason why the buy out should not be less trhan  $2.00 a share. in real cash.....I say we say NO...because . if we say YES..there will be nothing left but the crying...and no one likes a whinner,,Time to put lead in that pencil and stanp up and be counted....maintain

[Alleycat7]

If it gets the NO vote they also will have to pay WEED $13 Million. Why did Beena agree to that without downside protection. 

[Greenman519]

I dont think they need to pay the termination fee if voted down...  "The Arrangement Agreement includes customary provisions, including non-solicitation, "fiduciary out" and "right to match" provisions as well as a termination fee of $12.5 million payable by Supreme Cannabis to Canopy in certain specified circumstances"