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Bullboard - Stock Discussion Forum 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 Discussion

Supreme Cannabis Company Inc. (The) > JohnAle ? Awaiting your Review
View:
Post by HorsesforCourse on Apr 08, 2021 12:26pm

JohnAle ? Awaiting your Review

Don't like this at all - we need to hold out for more value.
Comment by johnale on Apr 08, 2021 1:34pm
Bitter sweet -  I don't like canopy, I don't like their valuation, I don't like that they have only 1 bil cash left. I think dilution is a possibility - they filed a 1 bil shelf I believe.  It's a sell out for sure - but the valuation is 6x 18.3mil annualized - which is fair for today - for supreme.  but considering our growth trajectory - it sucks. upside ...more  
Comment by Aurum1983 on Apr 08, 2021 2:29pm
Johnale, what do you think is the chance we see another bidder?
Supreme Cannabis Company Inc. (The)
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