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Bullboard - Stock Discussion Forum 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 Discussion

View:
Post by turmeric88 on Sep 24, 2020 11:04am

Sedar

what does this mean its from the recent sedar filing yesterday.
Comment by StayInvested on Sep 24, 2020 11:47am
It is basically laying out the covenants and terms to the new credit facility consolidations. Stating that certain requirements must be maintained. Essentially if Supreme fails to have positive EBITDA the amended agreements will be subject to Pricing Level 5. Glancing through it, it would appear as though the lenders and Supreme themselves are expecting vastly improving EBITDA throughout 2021, as ...more  
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