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Supreme Cannabis Company Inc. (The) T.FIRE

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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) > Time To Buy FIRE before Earnings November\17\2020
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Comment by puppymonkeybabyon Nov 06, 2020 1:02pm
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Post# 31852206

RE:RE:RE:Time To Buy FIRE before Earnings November\17\2020

RE:RE:RE:Time To Buy FIRE before Earnings November\17\2020
Method wrote:

Free arb is there in the converts. Sell your stock at 14.5 cents, buy the bonds at 50 and put a quarter cent per share in your jeans. It's not a lot but it's free and if you really don't want to hold bonds, call your broker and he'll give you shares in 3 business days (accrued interest at month end). Otherwise collect that interest and maybe the bonds will trade above conversion value at some point. 

Probably less bonds than stock so be careful not to sell the stock and not have enough bonds available to buy.



Dont forget to warn people about the fat interest payment they need to make upon buying the seller out of their position. 
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