RE:Buying FIREIf you are edging in to get some WEED shares you should take a look at Acreage Holdings deal which is another shareswap deal. WEED is diluting their sharefloat doing this but with a triggering event those WEED shares will be in short supply. When the US does enough to launch their greenrush it will be an event like the stockmarket has only had a taste of in Canada. $16 worth of Acreage fixed shares will get you $27 in US dollars if things stay relevant. Obviously Canopy sees value in Supreme to pay a premium and they did the same kind of deal with Acreage which is a US leading MSO that will fit into their plan to keep their leadership of International tail to snout marijuana and hemp company.
This is how proactive companies build value, by seeing the future and moving towards it. A lot of investors aren't seeing the consolidations that are being built into the involved companies and a lot don't even know that Constellation Brands STZ which is a $43 billion dollar marketcap beverage company is at the wheel of Canopy, Acreage, Supreme and has a significant chunk of Terrascend and possibly more. Constellation has bought a different attitude to these companies since the Bruce Linton days. They are far more money orientated and pulling strings to make them all profitable. They have strategically been putting their own people into the management of their takeovers with the intent of cannabinoid infused beverages being a highly profitable line.
There are a few that have cracked the code in the US to get thc and cbd infused drinks on shelves. If the FIRE and ACRG deals are too high an entry point, I chose a couple of others of the same ilk with beverage options and getting traction, C.TNY and V.NU. glta and dyodd