Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 26, 2021 6:46pm
93 Views
Post# 33071692

RE:RE:RE:RE:RE:RE:New Interview with Beena on Canopy Deal

RE:RE:RE:RE:RE:RE:New Interview with Beena on Canopy DealI wouldn't doubt that either vulc, Beena would be derelict in her duties not to be on top of all angles/ faciets of the operation and the best possible sale price is as important, even moreso as we can see now with the US coming on line and the global market place ramping up. She is saying that they are just not able to make the progress necessary to survive on our own growth plan today and less going forward...with US legalization the game changes big time for us, we either make the a deal or fail and sell for pennies on the dollar on a far less sweet balance sheet or a bankrupcy firesale for basically nothing the longer we wait.

But to hold, vote no and sell for pennies is insane...sell now @ $.38+ before the deal would be much better and you don't have to worry about how the vote goes. If the vote is going no. i will sell before the vote. Can't imagine the support not being there but stranger things have happened...we vote no and the $.20s will be out of reach. Where as with the deal we should see the $.40+ range anyway, with our cash invested to date converted to WEED in the high $30.00 range. At least we retain our current cash position, just share count changes and the shares are just the vehicle, the green is king and always will be.

We will get WEED stock at or near the bottom with what sounds like potentially a 10bagger+ over the next 12-18mos...this is just a solid buy for FIRE in the $.30s with a yes vote, for the investor and it appears that .WT has some some extras as well for the longer term. A no vote and the shorts are the winners. JMHO...Opt

vulcan123456789 wrote:
its a lousy deal.. be interesting to know when talks started with canopy.. and look at cash raises.. which reduced shareholders equity and increased share count for manipulation. if this deal was rejected who cares if price drops to low 20s.. you only need to sell before hand..high 30s..buy back in for half the price.. keep remaining cash.. jmho cheers


<< Previous
Bullboard Posts
Next >>