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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 vulcan123456789on Sep 11, 2020 12:35pm
218 Views
Post# 31543050

it's the dilution not bankruptcy

it's the dilution not bankruptcy
I'd say it's the dilution putting pressure on share price ..it was to be exspected.. some will sell.. considering it a gift of free cash.. price wont matter much.. all we can do is buy and wait for q4 and q1.. in a business there are many signs long before bankruptcy.. they would have liquidated perhaps tuvera.. cut more staff.. etc.. they would not have bothered dealing with debentures and launching new products.. what would the point be. just got to ride the wave until it settles out and we hear guidance.. jmho cheers .
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