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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 theTransporteron Apr 21, 2021 7:23am
134 Views
Post# 33035422

RE:RE:RE:RE:For those good at math

RE:RE:RE:RE:For those good at math

That's how I read it, that the buy out offer is based on Supreme being valued at $435M, which works out to $0.44 based on fully diluted share count. The ratio of shares converter was an example used at a moment of time. If the deal is approved, I expect the ratio to be recalculated based on Canopy's then trading price compared to a $0.44 FIRE share price. 

it's actually in our best interests for Canopy to keep sliding down as Supreme shareholders will end up with a lot more WEED shares and greater potential upside. 

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