Post by
maritimedreamer on Oct 04, 2018 2:22pm
wondering if Supreme would buy out Bliss?
Their market cap is in line wiht cash in bank..... we already have an investment in them so must mean we liked what we saw...... they are also one of only cannabis companies in the green and at one point were up 8%...... i do not follow bliss though so maybe there was news released? just thinking of scenarios during this boring trading day......
Comment by
Southybird on Oct 04, 2018 8:06pm
supreme could start their own BC operation for cheaper, Bliss is trying to cover quite a few verticals, one pro is they do have that oil machine, but I would much rather see them sell their stake then buy outright. Bliss also committed to buying 6 million of our product so until that deal is complete I am not sure buying them out makes sense...
Comment by
SILVERSTOCKS3 on Oct 05, 2018 5:36am
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Comment by
maritimedreamer on Oct 05, 2018 8:18am
i think you are 100% correct.... i should of done a little more DD before i made my comment. From recent fowler instagram posts looks like Supreme have their own oil machine? of course i could be incorrect here..... but your point about the Bliss contract also makes 100% sence..... why would be buying a company that we were to earn revenues from....... thanks for the constructive response.