- The
company’s corporate mission is to cultivate the world’s best cannabis
- Supreme
Cannabis emphasizes quality products, synergistic industry partnerships
and strong distribution networks
- Supreme
Cannabis’ multi-pronged strategy has positioned it for continued growth
The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF)
(FRA: 53S1) is working to improve global well-being with cannabis.
Since 2014, the company has been at the center of the cannabis space with a
mission of cultivating the globe’s best product and emerging as a leader in
this worldwide industry. Headquartered in Toronto, Ontario, Supreme Cannabis
Company uses its knowledge of the plant to create transformative businesses,
products and brands that deliver positive experiences.
One important avenue of the company’s growth is through its
7ACRES subsidiary, which is its flagship brand. 7ACRES is on course to become
Canada’s foremost cultivator of consistently premier cannabis, in no small part
due to its facility’s focus on building a core competency in scaled cannabis
production. 7ACRES grows High End Cannabis(TM) with respect to each cultivar’s
genetic lineage and history. SPRWF takes pride in its flagship brand (http://ibn.fm/DCylh), which
respects its customers’ knowledge of cannabis and recognizes their desire for
“hand-crafted cannabis flower that delivers an uncompromised experience.”
7ACRES operates a 440,000-square-foot facility in
Kincardine, Ontario. This cultivation facility is one of Canada’s first 40
federally licensed cannabis producers (http://ibn.fm/gppgi). As of March 2019, the facility’s
total licensed cultivation space spanned 230,000 square feet. 7ACRES provides
consumers with handcrafted cannabis flower, and its cultivars are available in
eight Canadian provinces, including British Columbia, Alberta, Saskatchewan,
Manitoba, Ontario, New Brunswick, Nova Scotia and Prince Edward Island.
Each of SPRWF’s operating assets is very focused and aims to
achieve excellence at its core function. With 7ACRES, the company has created a
business that produces the highest quality premium cannabis at scale. With the
recent launch of Cambium Plant Sciences, a cannabis genetics firm located in
Goderich, Ontario, Supreme Cannabis further focused 7ACRES’ operations,
spinning out its successful genetics business into its own company. The company
is investing approximately $14 million in the construction of a
state-of-the-art, 34,000-square-foot research and development facility.
Cambium’s aim is to lead the agricultural revolution of cannabis genetics,
redefining consumer experiences and cultivation economics across the
international cannabis industry.
SPRWF continue to focus on the creation of valuable cannabis
intellectual property (IP). “Our proprietary genetics selection methodology and
ability to cultivate high-end cannabis at scale at 7ACRES has created strong
industry demand for our proprietary genetics and cultivation techniques,”
Supreme Cannabis CEO Navdeep Dhaliwal stated in a news release (http://ibn.fm/adRCd). “It was as
a result of the demand that we saw a global opportunity to create a company
whose sole focus is innovating plant genetics and cultivation IP for the global
cannabis market. We believe genetics are the foundation of proprietary cannabis
products in the long term.”
Industry analysts point to developing intellectual property
as a critical component to cannabis companies’ long-term vitality. In an
industry where legislation is struggling to keep up with the booming demand for
high-quality products, fledgling companies fear having their technologies,
brands, recipes, and secrets “ripped off” by competitors (http://ibn.fm/G8L5o). Aside from
protecting companies and lending them a competitive edge, early developed IP
rights have been deemed “indispensable,” linked with generating “additional
recurring revenue, help[ing] attract investment, and enhance[ing] valuation.”
SPRWF’s continued efforts to develop IP are key to its strategic growth and
longevity.
Most recently, the company acquired Truverra Inc., which
plans to repurpose its 5,000-square-foot, state-of-the-art space to produce
high-quality cannabis extracts, including concentrates and vaping liquids. With
an already established line of efficacy-based CBD products being sold in the
United Kingdom, Truverra is helping SPRWF make inroads into the global
marketplace. The company features a line of CBD products varying in flavor and
intensity, and its products are available in many forms, including capsules,
creams and balms, e-liquids, oils and supplements (http://ibn.fm/WQb1t).
With its culture of innovation in producing excellent
products, Supreme Cannabis Company offers investors a gateway into the cannabis
space. With its existing premium brands and products and impressive innovations
across its businesses, Supreme is positioned for continued growth.
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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