Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) entered
into a definitive agreement to acquire Truverra Inc. in mid-July. A recent
article discussing the agreement reads, “The deal involves the transaction of
14.7 million common shares of Supreme Cannabis, with an approximate value of
$20,000,000 (http://ibn.fm/R9yCt).
‘The recent introduction of Health Canada’s amended cannabis regulations
creates a distinct opportunity for Supreme Cannabis to establish a leading
position in the cannabis extracts markets,’ Dhaliwal added. ‘With the
acquisition of Truverra, we secure a Toronto-based facility equipped to extract
our high-quality inputs for concentrates and vaping liquids in the near term.’”
To view the full article, visit http://ibn.fm/TdNsU
About the Supreme Cannabis Company Inc.
The Supreme Cannabis Company is a global, diversified
portfolio of distinct cannabis companies, products and brands. Since 2014, the
company has emerged as one of the world’s fastest-growing, premium,
plant-driven, lifestyle companies by effectively deploying capital with an
emphasis on disciplined growth and high-quality products. Supreme Cannabis’
portfolio includes 7ACRES, its wholly owned subsidiary and multiaward-winning
brand; Blissco Cannabis Corp., a wellness cannabis brand and a multilicensed
processor and distributor based in British Columbia; Truverra Inc., a global
medicinal cannabis brand and licensed cultivator; Cambium Plant Sciences, a
plant-genetics and cultivation IP company; Medigrow Lesotho, a cannabis-oil
producer located in Southern Africa; Supreme Heights, an investment platform
focused on CBD brands in the United Kingdom and Europe; and a brand partnership
and licensing deal with Khalifa Kush Enterprises Canada. For more information,
visit the company’s website at www.Supreme.ca.
NOTE TO INVESTORS: The latest news and updates
relating to SPRWF are available in the company’s newsroom at http://ibn.fm/SPRWF
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