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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 Jan 27, 2021 12:16pm
224 Views
Post# 32399554

RE:RE:RE:RE:RE:RE:Supreme covenants intact - likely hit 2mil+ ebita

RE:RE:RE:RE:RE:RE:Supreme covenants intact - likely hit 2mil+ ebita

Updated prospectus - 
shows they are allocating 9.4 mil to this strategic opportunity and growth initiatives. 

the other half for balance sheet. 

They also sold Scarborough for 1.5 mil too. 

As part of the Company's strategy to leverage its core operating assets, the Company recently sold Canadian Clinical Cannabinoids Inc. to a private third party for gross proceeds to the Company of approximately $1,500,000. Additionally, the Company recently dissolved BlissCo Cannabis Corp. and continued Bliss Co Holdings Ltd. under the Canada Business Corporations Act in an effort to reduce administrative costs.
 

would love to know wtf is going on. 

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