RE:RE:Shareholder ValueWas Supreme waiting in the wings?
I'm not disappointed over the deal. I do question if Supreme had rollout motives back in Supreme Pharmaceutical days, and bloated their market capitalization to allow for this day to come. I dunno. FIRE didn't move like others, even with a strong methodological foundation of fundamentals. Takes time to achieve consistent quality. Didn't help to be B2B model, as Kathleen Wynne and then Doug Ford government learned that the OCS monopoly didn't help Ontario LPs. Retail stores in ON were suppressed and Dougie Ford was running around on his buck a beer platform. lol
I have been invested in cannabis since 2016 and this stock, compared to many other startup cannabis companies, seemed to be held down. Supreme kept diluting, had cash on hand and was doing great quarter over quarter, as a standalone. Supreme's product lines make Canopy stronger, IMO. Is the deal fair? How often is it fair? Could have been worse? I don't think that voting NO is going to help. Shareholders are always screwed. Maybe our journey begins again. Except for this time we are on big boat, and we can hope it does not sink. lol At least it's not ACB.
Anyone know what happens to FIRE.WT? I didn't see it in the news articles I read.