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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 johnaleon Apr 20, 2020 7:22pm
151 Views
Post# 30932029

RE:RE:RE:RE:RE:RE:RE:RE:FIRE Shorts to Apr16/20

RE:RE:RE:RE:RE:RE:RE:RE:FIRE Shorts to Apr16/20you said before that mmcap wanted shares of fire? 

they just scouped 100mil worth of aphria before the great earnings. 

what happens when mmcap finds out fire will be able to pay for the debenture with free cash flow and some new debt issue. 

does that not eliminate their need to hedge and short the equity?
would they buy up shares in the open market to establish the position they wanted?

I know the debenture was top of supremes mind over 1mth ago - and they were already formulating a plan. I'm sure they were negotiating already. 

I think the fruits of those negotiations are happening as you can see the shorts have significantly decreased activity in the last two weeks - even after the rise from 15-30 cents, 


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