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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 johnaleon Mar 25, 2020 9:57am
105 Views
Post# 30845011

RE:RE:RE:RE:jmo, I don't see any pot company taking over any other one.

RE:RE:RE:RE:jmo, I don't see any pot company taking over any other one.Ya but the debt could also be rolled over for additional term - in which case your not getting a return "potentially" 
additionally your "safe scenario" for debentures and poor equity outcome is if supreme is equitizing the debenture at .30 cents a share creating massive dilution. (or whatever price)
the share price would crater anyways and you would not be selling at any type of profit. 

again - if they have the money to pay the debenture - then the equity portion will be reflecting that value. 

I think any scenario - involves supreme either being successful - in which case the equity will be worth a lot as well
or 
tread water/un-successful - in which case equity and debentures are in question. 

to me - i think the equity presents a potentially higher return - in addition to the fact that I think the company will do very well in the next 12-18mths. 
<< Previous
Bullboard Posts
Next >>