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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 Greenman519on May 06, 2021 7:44pm
142 Views
Post# 33149203

RE:RE:Why I added more....

RE:RE:Why I added more....
aurorahigh wrote:   It was inevitable at some point fire would merge to increase market share but ~100 m available cash would further hurt current shareholders.


Maybe Supreme should use some of the $50 million+ they raised through two over-sold private placements (and announcing a $30 mil ATM) in the weeks prior to this "deal" being announced to do a share buyback; to show shareholders that it wasn't done intentionally to drive the shareprice down to take over pre-decided levels while adding sufficient shares (200,000,000+) to ensure that the deal was able to pass the 2/3 vote..... RESPECT THE PLANT and YOUR SHAREHOLDERS!!!
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