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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

Supreme Cannabis Company Inc. (The) > Sale Rejected Option
View:
Post by OptGreen on May 01, 2021 5:18pm

Sale Rejected Option

The plan for sale rejection is what?

-Share consolidation min 3-4 for 1
-New CEO probably for sure?
-New BoD?....likely?
-SP will tank from here until a RS is done and new management, where required, are in place and functional.
-A no vote and we need a plan before vote.... and who  in management would remain and what their plans would be, as it appears they are all on board with the deal or they wouln't have made it.

We had better have answers to all of this by vote time...if not WEED will have the assets at fire sale prices, unless we have enough left to keep existing market share and grow from there day1, post rejected sale.

HelL, if we hate the company that much at least pass the deal and sell the WEED shares ASAP and at least try to recoup a few cents on the dollar. I can't imagine that there would be this number of shares willing to shoot for the bottom? This has nothing to do with a good deal, bad deal, how do we find a fair deal anywhere when we are on our knees?

This discussion can not happen in a healthy way for current SHs post no vote. JMHO...Opt
Comment by Craiger02 on May 01, 2021 6:05pm
I think this is a over dramatic don't you Opt? Let's not act like the sky is falling. Why would there need to be new management, CEO and BOD immediately? Secondly, if the deal was to fall apart, a number of other scenario's could play out. Canopy could up their offer, a new suitor could step in with the knowledge that the number would need to be higher to get approval or we could ...more  
Comment by OptGreen on May 01, 2021 10:36pm
Comment by theTransporter on May 01, 2021 6:27pm
LOL. You used to waive Pom poms in the air for years about this company and now are talking about how disastrous it will be if they do not get acquired by canopy.  you have zero credibility. 
Comment by OptGreen on May 01, 2021 9:39pm
Sorry Trans pom poms ain't my style, I will leave those for you no problem....and zero credibility, I guess that has to be a compliment considering the source. I have not been for selling to anybody...what I an saying is Beena and management are on board with the deal, or at least I have not heard otherwise so far,  and it looks and sounds like it was negotiated and now is ready to be ...more  
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