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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 Aug 14, 2020 10:55am
109 Views
Post# 31408388

RE:MMCap question

RE:MMCap question
Dunworkin2 wrote: I must admit that I dont fully understand the MMCap connection to Supreme (if there is one). I googled MMCAP, sharing an older article. Some of you have a better handle on this macro picture, I would appreciate your comments/opinions on where you see equity holders sitting in 6 months (post anticipated positive revenue growth in Q4, and Q1).

https://financialpost.com/cannabis/how-a-handful-of-hedge-funds-cornered-cannabis-financing-and-made-a-killing-in-the-process



They have a couple of filngs listing their ownership of equity, converts and warrants on SEDAR under Supreme. That's the only connection.

Like I said before equity guys really like it before when the EV was $260m and now it's $200m. Pro forma shares outstanding is 470m shares and a $160m market cap is more than 30 cents/share. 

Lots of upside if it gets back there on your thesis of positive revenue growth in Q4 and Q1. 
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