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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 OptGreenon Apr 23, 2021 5:36pm
168 Views
Post# 33059797

RE:RE:It is a Yes Vote for Both Sides

RE:RE:It is a Yes Vote for Both SidesThe conversion formula is the same at any price G19, at 0.01165872 of 1 WEED share...we will just have fewer FIRE shares, per dollar, the higher the conversion price. If you own FIRE shares prior to time of conversion your dollar value will remain the same at conversion whatever the WEED price, just less WEED shares the higher the WEED SP post conversion. JMHO...Opt


G1945V wrote:
If one is to add more FIRE shares before the conversion date, would it make more sense to buy WEED shares instead, seeing that we'll ultimately own WEED shares and avoid the "Exchange Ratio" altogether?  

The cost of WEED shares on April 7, 2021, was $37.74 CAN. Today's SP closed at $34.20 CAN.

Thoughts?


G1945V


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