Bullboard - Stock Discussion Forum 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.

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TSX:FIRE - Post Discussion

Supreme Cannabis Company Inc. (The) > Switch to FIRE.DB from FIRE while you can

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Post by Method on Feb 05, 2021 10:23am

Switch to FIRE.DB from FIRE while you can

FIRE.DB pays 5 cents/share while the common pays nothing. Something to think about when they trade at parity.

Some shorts hedge against the debentures. If that's why you are buying the common, buying the debentures actually forces them to cover the short.

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Comment by Method on Feb 05, 2021 10:45am

You are also protecting your downside and keep all of the upside plus interest and accretion debentures. Don't forget the bonds are convertible at $0.285. A long term holder who is a Canadian resident, not making this switch should reconsider investing as a hobby.

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