- The
Supreme Cannabis Company’s business model allows it to control every stage
of the process, from cultivation to distribution
- Its
subsidiary, 7ACRES, operates a 440,000 square foot facility in Ontario,
Canada – the largest facility of its kind to commercially cultivate
cannabis
- The
company recorded 71 percent revenue growth from Q3 to Q4 in its fiscal
year ended June 30, 2018
The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF)
(FRA: 53S1), a key player in the medical and commercial cannabis industries,
intends to become the largest commercial cannabis retailer worldwide through
its focus on innovation and emphasis on product quality.
The Supreme Cannabis Company is seasoned in the cultivation
of medical cannabis, though it grew out of humble origins after Peter Herburger
began cultivating medical cannabis when his daughter, Sarah, became afflicted
with chronic pain. Its subsidiary, 7ACRES, was federally licensed for
production on March 11, 2016. After Canada legalized the production and sale of
commercial cannabis, the company saw its opportunity to broaden its industry
reach. It is currently the only licensed producer focused on cultivating craft
quality cannabis on a commercial scale, and it has emerged as the industry
leader in mass cultivation as a result of its high quality product.
With a passion for quality, the company seeks to excel at
every stage of the cannabis industry. 7ACRES operates a 440,000 square foot
facility in Ontario, Canada. It is currently the largest facility of its kind
to cultivate cannabis with advanced HVAC and CO2 enrichment using the
full-spectrum sun. Direct sunlight produces indoor-quality buds with sun-grown
characteristics. This is in direct contrast to most “hybrid” growers, who
typically used limited-spectrum lamps, and it is indicative of the company’s
zest for quality in all stages of the business model, from production to
distribution. The Supreme Cannabis Company continues to invest in research and
innovation in order to maintain its peak position in the burgeoning cannabis
industry.
The company is Canada’s only coast-to-coast premium cannabis
producer, and it saw exponential revenue growth in 2018. After uplisting its
shares to the OTCQX market in the U.S., the company reported record revenues of
C$3.55 million, marking a 71 percent increase from Q3 to Q4. After reporting
its revenues for its fiscal year ended June 30, The Supreme Cannabis Company
earned its spot amongst the publicly traded Canadian cannabis companies with
the highest revenue in their first four quarters of sales.
While varying degrees of cannabis legislation have trickled
through the U.S. over the past year, the industry continues to grow worldwide.
One recent development in California might mean even more growth for the
industry (http://ibn.fm/DCSae).
The state has “endorsed a rule allowing home marijuana deliveries statewide,
even into communities that have banned commercial pot sales.” This development,
along with others that are likely to follow, will continue to foster growth in
the cannabis industry and create future footholds for businesses like The
Supreme Cannabis Company to strengthen their staying power.
For more information, visit the company’s website at www.Supreme.ca
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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