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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 vulcan123456789 on Apr 23, 2021 1:03pm

q3

should be interesting to see how we do soon in q3 report... how much progress we made and and which areas... maybe this will spark a better offer... june canopy to report i believe.. we can look at our progress .. look at canopy. should help us make an informed decision.. where do we stand at the best chance for a better gain.. does the current offer look close to being far.. many things to think about.. jmho cheers
Comment by Craiger02 on Apr 23, 2021 2:03pm
I think if we see a decent increase in market share, I can see another offer being proposed. We dont neccessarily need to see huge rev numbers as nobody is expecting it, but an increase in market share would open some eyes with other players. I can't imagine the other big co's wanting to let CGC walk away with a premium (nearly profitable) company without either putting a bid in themselves ...more  
Comment by vulcan123456789 on Apr 23, 2021 2:19pm
i would agree with you there creiger... if we received a far offer i would go for it.. but as it stands the way it all went down. totally shady for my liking... jmho cheers
Comment by OptGreen on Apr 23, 2021 2:45pm
Why would we get a better deal and if so, who would be better than WEED to own going forward? I have not seen the final docs yet but between Beena and the Board the deal will probably be as good as we can expect...there are few if any others that a stock for stock deal with as most will be take over targets themselves or in a merger not have the ability to survive long term. So far could it look ...more  
Comment by vulcan123456789 on Apr 23, 2021 3:27pm
we may get another offer based on another great quarter... from someone else or even canopy... im sure they are getting a idea of the taste we have for the current deal... there are many good investors that did not like how this deal went down.. the manipulation was so blantently obvious it was sickening... to knock us down. .. and then hold in range.... then offer a premium.. was like giving us ...more  
Comment by OptGreen on Apr 23, 2021 5:01pm
And I don't think we disagree here to any material degree vulc, pretty hard to without all the details...my view of and support for Supreme is more so if anything but not less in any way, again with the caveat of not seeing the terms of the deal. The struggle to establish the brand, get the products shelved in the highest demand retail outlets takes time, especially with all the different ...more  
Comment by vulcan123456789 on Apr 23, 2021 5:46pm
i dont doubt your integrity at all opt... you have my upmost respect... we fault a long battle together along with others in support of supreme.. however it turns out we will no doubt be on weed board or here...the only dif is im more bitter with the manipulation and how the deal went down... best wishes.. have a great weekend cheers
Comment by OptGreen on Apr 23, 2021 7:25pm
Agreed vulc, we have been on the same page for sure and why wouldn't we be, as Supreme has been a top shelf company from the jump, albeit a few less than stellar issues along the way just to keep it real. We will get more clarity on the deal when we see the docs...but the board, for the most part , has been solid and while they made the transition to rec and CPG to late in the game, they didn& ...more  
Comment by vulcan123456789 on Apr 23, 2021 8:10pm
already purchased a number of weed shares opt with the recent price drops.. i still have a lot to learn about canopy . cheers
Comment by OptGreen on Apr 24, 2021 6:45pm
I think that is a good move vulc....the big impact for us FIRE SHs is the reduction in share count post deal close, with hundreds of thousands of shares reduced to a few thousand shares is unsettling at best but the dollars invested are the same just ~$30 per share vs ~$.38 per share. There have been some pretty healthy numbers coming in the not to distant future for WEED of $300/sh and north ...more  
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