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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 Methodon Jun 08, 2020 11:20am
111 Views
Post# 31124179

RE:RE:ATM for May

RE:RE:ATM for May

Sales are limited by percentage of volume and volume was highest when the stock was at the highs so that should be expected.

Also, it is a nice move for the average shareholder if they get the highest price because there is less dilution.

i hope they are still using the ATM this month. They need $100m for the FIRE.DB. $1m/month is a drop in the bucket. Every dollar helps.  


watchmeplz wrote: In my opinion, it's funny if your check the avg share price the only possible way the company raised that at such a high average is to be dumping right on the peak of the run up, May25. Nice move for everyone but your average shareholder. Seems like they need more cash and working on the same move today. 

 

Method wrote:

They filed the ATM on SEDAR for May. Raised almost $1.1m. 


Good for both equity and debentures, I think. 





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