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

Sign In

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

or

Please Try Again {{ error }}

Send my password

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.

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 OptGreenon Apr 11, 2021 9:05pm
181 Views
Post# 32975370

RE:RE:RE:RE:RE:sam

RE:RE:RE:RE:RE:samNot a problem Sam and being invested in the company for ~5yrs I understand where vulc and others are coming from but like you say the deal is basically a done deal and I agree...it will be nice to see most of the longs get up to speed on all the details and let this new direction a chance to settle in.

No more die hard Supreme supporter than me and that hasn't changed with this deal for me, as we are going to see all of it come to fruition under the WEED banner but that is just giving me the assurance of a positive end for this company and a healthy return on my investment, now with little to no gamble... and the Supreme menu shelved everywhere across the country and beyond.

We do not lose our autonomy here but rather gain the security for our investment from the vast resources of WEED and I think we see the team stay in place and continue proceed with major production of the proven and generate new and even better high quality product for years to come....as long as WEED sees it the same way, which would be hard to believe they would be anything but fully supportive of. Beena and team with nothing to focus on but new and improving product lines and profit. We will get the ROI we were waiting for with nothing to focus on but the next best offering to be shelved. JMHO...Opt

 

SamRothstein wrote: OptGreen, my apologies, when I ready your first line about Vulcan being spot on about me being here to quell the masses I just assumed you were agreeing with him in full and I didn't read the rest of your post.  I just read it in full and now I understand what you were saying. Sorry for iniitially misunderstanding you.

SamRothstein wrote: Sigh again.  This is exactly why I don't bother posting on 90% of the boards where I'm invested.  Because you get drawn into conversations like this with people that don't seem to understand how public companies and capital markets work and that can't seperate their emotions from their investments.   I am not here to quell anyone, I don't care who doesn't like the deal.  I wish the deal was even better so that everyone on this board could buy a pony.  And if wishes were horses beggars would ride.  Bottom line is that this deal is going to pass the vote and there will be no court challenges, unless you count a few bucks tossed to lawyers to go turn their ambulance in another direction.  Best of luck to you and everyone else on board.    

OptGreen wrote: I have to say Sam, vulc is spot on with what seems to be that you are here to quell the masses and shed some light on this deal, of which came in from left fiield, not only a real game changer but the eradication of the identity of our long term investment for many, myself included.

I was pizzed at first read of the news, we were sold out!!....while I still need see the terms of the deal, what I have seen so far is this deal might be the best deal we could ever expect in order to to achieve the real success we are invested for and that is ROI, of which now looks much different but is far more realistic now and with far less downside for that success.

To start, it is really $.90/sh as wel would need to see at least a 2 for 1 RS to survive and many other issues that could reduce SH value;
-it has been a lift to get product shelved country wide
-prices will be coming down, along with reduced margins due to sales/ promos
-we would need to depend on luck to continue, as we would be the only small LP to suvive on it's own. Odds are not in our favour.

In this deal we should be able to achieve the goals we have hoped for as the premium wing of the company....I feel the best case scenerio for WEED is that this be a 'turn-key' acquisition, with Beena and team contiuing to full production with all resources, just not the elephant in the room of having to survive as a stand alone company at this stage of this budding industry. This gives WEED a fully functioning high quality product stream that now has the best of the best, at full production and focussing solely on growing new and better product while generating a healthy profit to the WEED bottom line.

With all of the existing WEED shelf space across the country and the advertizing capabilities of WEED, all the longs underwater will see returns on their investment and while it will take a little time we will see a ROI instead of a real chance for loss without this deal.

I think it is in WEED's best interest to let Beena and team to keep their collective nose to the grindstone and shelve the finest high quality menu in the country and beyond, focussed on new and better strains/ products with the sweetest net margins in the industry. I think we, the SHs, 7acres along with WEED all win at the max possible here. JMHO...Opt






SamRothstein wrote: Sigh. You caught me vulcan.  I am just a paid shill that Beena hired to help convince people to vote for this sweetheart, "help the fat cats and screw the little guy" deal. As hard as I tried I just couldn't fool the mensa-like brain trust that seems to be most vocal on this board.  Since i guess the jig is up I will now depart.

vulcan123456789 wrote:
i dont recall you here much or at all before deal. now you dominate the board.. you get brought on to sell this to the board.. whats your game

 

 

 




<< Previous
Bullboard Posts
Next >>