Supreme
Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today
announced that its premium wellness brand and a multi-licensed processor and
distributor, Blissco Cannabis Corp., has received Health Canada licensing
approval for the sale of cannabis oils from its facility in Langley, British
Columbia. According to the update, the license allows Blissco to sell full
spectrum cannabidiol (“CBD”) oil products, and Supreme Cannabis expects that
the facility’s capacity will reach annual production of over 7,000,000 tincture
bottles by the end of calendar year 2019. “With the receipt of the License and
expanded extraction capacity, Blissco will be positioned to address the growing
unmet demand for high-quality CBD oil products across Canada,” Supreme Cannabis
CEO Navdeep Dhaliwal said in the news release. “Blissco’s legacy of premium
whole flower products established a brand that represents quality and
authenticity to wellness consumers. For over a year, Blissco’s team developed
advanced oil processing and formulation capabilities based on the same ethos.
Consumers will soon be able to experience high-quality CBD oil products from a
premium wellness brand they have come to trust. The team at Blissco has
developed sophisticated expertise and diligently executed against ambitious
business objectives, their hard work and vision has led to this significant
milestone.”
To view the full press release, visit http://ibn.fm/Zg6VQ
About Supreme Cannabis
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 multi-award-winning brand;
Blissco Cannabis Corp., a wellness cannabis brand and a multi-licensed 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, an cannabis oil producer
located in southern Africa; Supreme Heights, an investment platform focused on
CBD brands in the UK 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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