Post by
ridingrockets on May 11, 2021 2:06pm
Thursday night
Will make all the difference for me. What will we see? If we see an increased recreatrional market share; GOLD. If there was a decrease in market share, BAIL. Tweed needs these guys amongst other moves to have a hope at being profitable. There is no way imho that Tweed allows this deal to fall through due to their active SP. RIght now there is 0 reason for a sole Supreme share holder to vote yes. Only those that have money tied in with CGC will want to vote yes. I do not know what those splits are but I do not believe Tweed will allow this deal to fall through. They will increase their offer in the event their SP continues to bottom out. Patience on this one, now imo is not the time to fold. Wait at least until the ER end of this week would be my two cents. The risk at the moment is a lot lower than the potential reward.
Comment by
Southybird on May 11, 2021 4:44pm
This deal has my vote and I hope Canopy leverages the Supreme team as they continue to 'right size' their business in Canada. Alot of BS being spewed by self appointed 'longs' on this board. GLTA.
Comment by
OptGreen on May 11, 2021 5:13pm
It is good to hear South, there needs to be more longs supporting this deal on the board as some folks have real concerns and need to hear a little more positive, at least some balance for the barking mad drone day in and day out as they try to score shares on the cheap. JMHO...Opt
Comment by
ridingrockets on May 11, 2021 5:42pm
Supreme was sold out as a scratch my back I scratch yours imo. There is no logic on the Supreme end. They have a 50kg grow capacity which is about 7% of the Canadian rec market. They do not need Tweed to grow nor do they need Tweed for anything. This is a sell out move by people taking care of themselves.
Comment by
donaldmac on May 12, 2021 10:12am
Ridingrockets you exactly right 100%