Post by
JiffBeasauce on Apr 21, 2023 11:07pm
Debentures.
I have some debentures from supreme cannabis. They got bought by canopy now they are labeled weed.db they are accumulating interest in shares I believe? Does anyone know where I can get info on them? Also considering buying more... 0.69 cents on the dollar to buy the debt while gaining 8% interest seems pretty good to me. Anyone have any opinion on the canopy debentures?
Comment by
malx1 on Apr 22, 2023 11:03am
Do you know what an Unsecured Convertible Debenture is? Hint: not a bond Do you know why it's trading at $60 of its Face Value of $100? Hint: share price of common stock collapsing The rest is up to you. Said it here earlier, why throw good money after bad ?