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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 Aug 27, 2020 10:24am
119 Views
Post# 31460000

RE:RE:RE:RE:RE:I bet you there is another cash raise in the works

RE:RE:RE:RE:RE:I bet you there is another cash raise in the works

Transporter - look at the 3 mth chart - long steady decline into restructuring the debt. 

method is right - the financing happened and it was the 100mil cash owed to the debt holders - which was raised through share issuance (at a premium (54.5cents on 63.5mil) 

as for your assertion on revenues - that's what I'm betting on. 
im betting their quality products at the right market prices will do very well and they could easily have a 20-25 mil run rate with a full spectrum of products. (Vapes/hash/rosin/flower ect) 

cash flow positive - and just like you said - the stock will react very favorably. 

I don't know what q4 earnings will be - but the share price action may be more about shorts licking their chops into the share release. 

I still am pretty optimistic on q4 based on a lot of factors - so we'll see. 

We have to wait for this deal to close sept 1 - then we'll see an announcement hopefully. 

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