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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

Comment by Methodon Oct 07, 2020 2:25pm
98 Views
Post# 31681042

RE:RE:RE:RE:RE:Wrong direction

RE:RE:RE:RE:RE:Wrong direction

You have a lot of advice for people for someone who doesn't know the basics.

Just like most investments held inside a TSFA, the interest will be paid inside the TFSA and will be tax free.  


puppymonkeybaby wrote: I was one of them that sold shares upon unlock. What would be the point in holding equity of this stock for the forseeable future? 

Method, what are the tax implications if I hold the DB's in my tax free savings account? Will the coupon be mailed as a cheque? Or just sent to me outside of my TFSA with a promise to pay tax on it. 


 

Method wrote:

That makes sense. They got in there for the arb and aren't long term investors. 

New money should go into FIRE.DB. Maybe every half cent move matters less if collecting over 2 cents/share in interest per year. 

 

theTransporter wrote: Based on the volume of selling since those shares were released, and the size of the asks, the recipients of those shares seem to think they are not worth that much and just selling them for whatever they can get.

Also love the fake bid of 300K that was put up to give some hope then just be pulled minutes later with ZERO intention to purchase.  

Looks like buyers don't feel like paying a half penny more than $0.13 for this.

 

 





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