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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 InvestorXperton Mar 03, 2021 7:07pm
121 Views
Post# 32711322

RE:RE:RE:RE:Beena is Worth Investing In!

RE:RE:RE:RE:Beena is Worth Investing In!

Hey Vulcan, I'm a long and have a total of 140k shares at 0.36 so I'm quite underwater in the moment so definitely frustrating to see this but I have to correct you on one thing.

you are right that reverse split is never good but having 700 million shares and if you think they will do a share buy back you can forget about that. We are sooo far away from being able to do that as we need all the money to finance the growth.

I do believe the company will do a reverse split like ACB, Hexo and others but they didn't go down as a result and yes we might be caught in more financing deals but these 700 million shares are simply unacceptable. 


I actually think they do want to get listed on nasdaq so the R/s will be required

Agian I'm long so I'm not bashing but stating the ugly elephant in the room...crazy amount of dilution and bloated like a pig.
 

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