Supreme Cannabis Company Inc. (The) T.FIRE

prerolls

[vulcan123456789]

they seem to be moving well all sugarleaf prerolls out of stock 7 acres jean guy prerolls out of stock just fyi cheers

[theTransporter]

Is being out of stock a good thing?  Isn't this more of the same logistics issue they claim they suffered in the beginning of Q1?

[vulcan123456789]

selling out stock is great ..if they restock in short order...that we dont know

[johnale]

Hiway AAA Hybrid - 14g offering listed in Alberta. 66.99  there is the bulk offering finally coming to market.  I think it's an important area of the market to have a product despite the competition. Bc- that's where 40% of the flower market is.  again - have a better product at the same price as your competition - and you win.  I think they are also going

[vulcan123456789]

good find john cheers

[johnale]

Short report is out too - basically unchanged. Up slightly 153k shares.  so 10.5mil was the short volume - and they basically bought and sold the same amount of shares.  so of the 62mil in volume during that period - essentially over 50mil of that volume was new buying.  maybe a meaningless stat but interesting to see what the actually volume of shares that moved.  it

[Method]

Shorts stick around until the FIRE.DB are trading well above conversion value. They can offer stock or bonds and just convert the bonds if they get lifted on the stock. I guarantee they appreciate that retail doesn't like free money and they will take it if retail won't.

[JiffBeasauce]

after the last 10 days i now hold an irresponsible amount of fire.db I am now gonna stop buying but wish i was in position to have more. Seems like a freeroll. i will hold untill they get converted because of trading price.

[Method]

  The only thing to say for certain is that the debentures will outperform the common under any circumstance, I can think of for the foreseeable future. That might not always be the case but it is at these prices. 

[johnale]

There has been a steady seller of the debs it seems - for a while now.  If we assume mm holds their position (seems likely) - and you have some longs who overloaded them (me, you, Jeff, wealthbuilder ect. )  36.5 - .7 converted = 35.8  mm holds 28.1 mil so you have a trading float of 7.7 mil shares - how many have already found a home? How many are left? 

[watchmeplz]

In my opinion, why do you think method has been pumping the buy?  Sell into the buy? try to gain momentum to exit?

[Method]

Yeah, I would think so. MM didn't file that they sold any in October and like you said it's unlikely they  started since.  It's the structural reason to own them ahead of the common. Everyone is complaining about the endless supply of stock, the ATM, tax loss selling, arbitrage... meanwhile the debentures have the opposite factors. Their supply is dwindling. I assume at

[johnale]

So if I'm understanding this dynamic correctly. if there are probably no fundamental shorts at this point - and there are only shorts who are hedged against the debentures.  A win win game for them.  with 7.6mil debs left - say 1.1mil are in long hands (just a guess) leaving 6.5mil debs being played with.  6.5mil debs convert to (x3.508) - 22.802mil fire shares. 

[Method]

It's hard to say for sure but some shorts probably have access to cheaper borrow so they might be able to hold the debentures hedged and make money risk free on the interest from the converts. The converts rallying is probably the only way they take the trade off (cover their shorts) but its risk free to them down here. 

[Method]

The Hiway prerolls were very popular with friends that I asked to try without telling them price point or THC content. All thought it was a premium bud and hit just as hard as a high THC cultivar.  They should make headway in the bulk space once the word is our. 

[vulcan123456789]

good feedback method I ordered and tried when they first came out.. I found them very good too. only thing I found is they dint have that aroma I enjoy from more premium brands we carry...did your friends mention that at all

[watchmeplz]

In my opinion, It's a forever next quarter kinda company with kind forgiving shareholders that don't care that their equity evaporated from $2-3 down to pennies and still pump the tires knowing they will never see that again

[vulcan123456789]

got to keep air in the tires

[RealistGhost21]

I agree 100% with you and it is also a fact not an opinion.