Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Supreme Cannabis Company Inc. (The) T.FIRE

Consumer Cyclical Healthcare Advertising Agencies Drug Manufacturers - Major
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

Supreme Cannabis Company Inc. (The) > jmho invest in fire
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(51)
•••
Comment by FunGuy88on Jun 23, 2020 11:08pm
172 Views
Post# 31184156

RE:RE:RE:RE:jmho invest in fire

RE:RE:RE:RE:jmho invest in fire
theTransporter wrote: Method - $84M as stated by FunGuy is correct.  This is the figure on the balance sheet from the last financial report.


I think Method is correct here. The principal amount of $100M would have to be repaid upon maturity. The $84M that is shown on the balance sheet is actually discounted to reflect the effective interest rate, but this liability will increase to $100M as interest is expensed.

https://accounting-simplified.com/financial-accounting/articles/example-of-accounting-for-convertible-bonds.html  
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities