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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

Post by CannaRocketson Jan 02, 2018 10:58pm
169 Views
Post# 27267573

GOLDMAN SACHS - IMH an acquisition target?

GOLDMAN SACHS - IMH an acquisition target?

IMH considered an acquisition target by Goldman.

Fully funded 15,000 KG to be completed by July 2018 in Alberta (only other licensed producer in this region that is advanced is AURORA, and we all know how aurora loves to get their hands in everything like CMED).

I think they could get acquired at $6 just based on quick napkin math. (P/E of 20 on profits of 30 mil -> $6)

The sales license de-risking can definitely make this possible.

https://technical420.com/cannabis-article/3-cannabis-themes-know-goldman-sachs-upgrade-canadian-ma-activity

Disclosure : I hold IMH shares!


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