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Bullboard - Stock Discussion Forum Supreme Cannabis Company Inc. (The) T.FIRE

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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 Discussion

Supreme Cannabis Company Inc. (The) > Halt
View:
Post by spasticated on Jan 25, 2021 4:26pm

Halt

Anyone know what the halt is about?
Comment by MisterAllan on Jan 25, 2021 4:27pm
Overnight public offering of 20 millions worth of shares
Comment by aurorahigh on Jan 25, 2021 4:34pm
I haven’t looked into yet but is that the reason for the halt?
Comment by aurorahigh on Jan 25, 2021 4:44pm
Edit:  Just read on the share offering.  With a decent cash balance going into next financials i hope the added funds will be used mostly for growth initiatives .  Seems to be a common thread with many companies lately of raising funds. Will see how market reacts tomorrow.  Glta
Comment by HopefulJuan on Jan 25, 2021 5:22pm
Beena slaying giants and taking names. Queen of the Kincardine area.
Comment by Lou793 on Jan 25, 2021 5:37pm
After your post Hopeful, I went on my TD account and it says Trading Halted.  So usually when this happens the stock doesn't open at 9:30am for trading.  Wow.  It doesn't seem good.  In the mining industry they go to Sprott first, get the money and then announce.  Others I've seen they have secured the money already.  Is this a reflection of their ...more  
Supreme Cannabis Company Inc. (The)
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