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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 Dec 01, 2020 4:29pm
221 Views
Post# 32011946

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Big trade volume

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Big trade volume

I think it happened and I think it happened to Supreme but since then regulatory scrutiny has gone up significantly and the stock price is in the pennies. The economics for the strategy fall apart when the eequity is worth so little while the regulatory risk increases exponentially. There is a lot more money to be made from the interest on the debs alone. 

 

brentkostaa wrote: Method and John,

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

So you are saying that this has not (and is not) happening? 



 

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