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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

Post by ridingrocketson Apr 09, 2021 1:08pm
252 Views
Post# 32967404

laymans terms

laymans terms

If you have fire:ct shares - fire:ct = X - Canopy offered 0.01165872 per fire:ct share

X multiplied by 0.01165872 = Y (amount your fire:ct shares are in weed:ct shares)

if you hold 100,000 fire:ct shares you will get 1165 weed shares
If you sold your fire shares at .405 you would get 405000
if you waited for conversion and then sold weed shares 1165 * (price atm 36.46) = 42,475

fire 40,500
weed 42,475

waiting provided the stocks stay where they are will net you atm appx 5% over the next two months. Stocks fluctuate so who knows where tweed will be in two months. In can be back up in the $50 range or down in the low 20s - who knows???? it is a risk but the money says wait.
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