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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.

TSX:FIRE - Post Discussion

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Post by Craiger02 on Apr 08, 2021 12:03pm

Thoughts?

So I've been digesting this all morning and I like many others are not thrilled with this at all. I am not a fan of Canopy at all & I saw the potential for supreme being much higher than this offer. A couple things to wrap our heads around though...

A) who is to say that Beena doesn't step into the new company and help to turn that company around just as she has done with us. They desperately need a new outlook on how to properly manage that company both through scale and quality development...enter Beena/Supreme. If that happens, I would be holding any share conversion possible and quickly become a Canopy cheeeader

B) There is a possibility (although small) that other large players could step in and beat this offer

does anyone know what happens to warrants if the deal closes? I'm holding a decent amount and I've never held warrants on an acquired company
Comment by Bigginvestor on Apr 08, 2021 12:13pm
you are right Beena I think will turn weed around that's why I'm holding and I think Beena is a smart woman" Business woman" weed is going to be competing with. Tilray and aphria now DNT forget so I think this is a good move on fire .
Comment by ridingrockets on Apr 08, 2021 12:56pm
Hopefully she learned from what Colin Moore did. It wasn't her that turned the ship around, she stepped in once the ship was pointed in the right direction... As per CIBC World Markets spring 2020: the right-sizing and and cost-cutting measures appear to be completed all that is left is to find a CEO that the shareholders can get excited about.... So if she does take a prominent position ...more  
Comment by 541house on Apr 08, 2021 1:13pm
Riding that is 100 per cent true!
Comment by VK400S on Apr 08, 2021 3:02pm
Beena for president!
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