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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 AOGEEon Jun 08, 2021 10:23am
146 Views
Post# 33347256

RE:There is hope...

RE:There is hope...Lily
Nice to see you are still hanging out and watching the BB. The last post I read from you I thought it was clear you were done. Welcome back for the next 30 days or so...at that time this BB will go the way of FIRE. IMHO
"What I found even more perturbed was the exhortation by some of our members. This euphoria, I thought, must be ascribed to the men being high on weed, or, perhaps, a damaged amygdala (I’m only complimenting you on your fearlessness). :-)"
You call it "euphoria"  by some of the  posters which is a pretty appropriate term as I believe you used it in the context of them posting about being excited or happy about the deal. This feeling I believe is the complete opposite effect of being high on weed. Typically they are mellow and sedate. Now having a damaged amygdala maybe appropriate however I hope not as then the amygdalawould be unable to pass the signals on to the hypothalamus, hence would activate the body’s “flight or fight” response. we would have a pile of shareholders here not knowing what to do.......hmmmm maybe you are correct. LOL
I believe alot of FIRE shareholders are "euphoric" about the deal but more from the meaning from its original Greek derivative definition as "well ....to bear".
In this case we do have a say in the sale (with our vote) however based on the numbers and the institutional holders already putting out releases stating they are supporting the deal.....well it is inevitable and I will bear the reprecusions (good or bad) of my investment either way.

Coming close to special meeting day. We live in interesting times.
If the vote is a "no" I will make out well with my CGC shares ($31 average) as they will go up. I  may or may not add to my 650000 Fire shares (.31 cent average) as it will retreat to the mid to high 20s (IMHO) because I believe this managemnet team is not set on growing this company organically. They will be looking for another suitor and based on the market conditions I am not sure they will get a similiar offer. Just my opinions here as I have been involved in M&A have experienced it.

Cheers
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