RE:Conversion Ratio For people planning to hold Canopy long, I stress this post. Currently you can buy shares at a discount via Supreme assuming the deal goes through which it most likely will.
Similarly, some very interesting opportunities exist in the debentures and warrants. The first series of warrants (Fire.WT) are very attractive, giving one the ability to leverage their money with no added risk. At last check a 50% rise in Canopy price would translate to over 100% gain on fire.wt. Something to consider.
Or get paid interest / accretion while you hold with the debentures (fire.db)
Hope this helps.
thehonesttruth wrote: Hio, Based on today's closure, here are the calculations: 100, 000 Fire shares @ 0.385 = $38500 Market value conversion 100,000 Fire shares x 0.01165872 = 1165 Weed shares @ $34.20 = $39843.00. Conclusion: Buy buy buy Fire shares if you're staying for the conversion. *****CGC shareholders are buying all the Supreme shares right now at a discount***** Trust this helps the Supreme shareholders!!!! JMHO Cheers THT