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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

Post by jfogarty12on May 04, 2020 4:40pm
218 Views
Post# 30985309

Maybe this helps Supreme? something has to

Maybe this helps Supreme? something has toConstellation's latest investment in Canopy could help boost entire sector, analyst says

Shares of Canopy Growth got a bump on Monday after the company's biggest investor, Constellation Brands Inc., decided to exercise its warrants on the company late Friday. Constellation said it would pay $245 million in exchange for increasing its stake in the pot giant to 38.6 per cent from 33.5 per cent. Jefferies analyst Owen Bennett sees Constellation's investment in Canopy improving sentiment in the cannabis sector. "With someone like Constellation Brands, that arguably has more intimate knowledge of the space now than many, not giving up, it gives hope" that the sector can develop value, Bennett said in a research note. 
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