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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 Feb 16, 2021 5:45pm
289 Views
Post# 32580130

RE:RE:RE:RE:Why make the announcement 28 minutes before close?

RE:RE:RE:RE:Why make the announcement 28 minutes before close?

Last deal we quickly went from 17.5 to .60 5 days after Barclays exited their position at .17 after stripping the warrent. 

it seems there is a lot of institutional interest - wanting to cash up supreme. sitting on 65mil + cash. No longer in a net debt position, but surplus. 

Balance sheet looks pretty sweet. 

reddit users didn't take us to 60 last time, it was the powers that be. They just hoped along for the ride. 

This is the next leg up. First one was so successful they decide to do it again. Easy double for BMO and crew on that 23mil. 

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