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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 G1945Von Apr 15, 2021 8:36am
232 Views
Post# 32999166

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Vote

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Vote If you start from the transaction value of $435 Mil on a fully diluted basis it works out this way. 
There are approx 990Mil shares fully diluted. 

990 Mil X .01165872 = ~11,542,132,000 (exchnage ratio) Canopy Shares 

11,542,132 @ set price based on April 7 close is $37.74

11,542,132 X $37.74 = ~$435 Mil

And if we take 990,000,000 shares of FIRE closing price of April 7, 2021, of $0.265

990,000,000 X $0.265 X 1.66 = $435 Mil

The top up to $435 Mil residule conversion is covered by $0.0001 in cash for each FIRE share. 

Match game. 


G1945V
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