Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its board of directors (the “Board”) has named Beena Goldenberg, former CEO of Hain-Celestial Canada (“Hain Canada”), as the Company’s president and chief executive officer, effective immediately. According to the update, Goldenberg succeeds Colin Moore who, as interim president and CEO since January 2020, took significant steps to reduce the Company’s operating and overhead costs, expand its product offering across all market segments and accelerate its transition into a premium cannabis consumer packaged goods (“CPG”) company. Moore will continue to serve as a director of the Company and as an advisor to Goldenberg, providing support throughout the transition until the end of July 2020. “The Board and I are thrilled to welcome Beena Goldenberg to lead the Company as our new President and CEO,” Supreme Cannabis’ Board Chairman, Michael La Brier, said in the news release. “Beena is a proven, entrepreneurial leader in the Canadian CPG sector who will apply her passion and expertise in marketing and manufacturing to Supreme Cannabis’ brands and operations and capture the vast opportunities within the Canadian and global cannabis industries. Supreme Cannabis continues to attract top talent with its compelling position in the cannabis space. In this time of elevated global uncertainty, the Company is particularly fortunate to move forward with a proven leader in place.”
To view the full press release, visit http://ibn.fm/Vtkx9
About Supreme Cannabis
The Supreme Cannabis Company, Inc., (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), 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. Supreme Cannabis’ portfolio of brands caters to diverse consumer experiences, with brands and products that address recreational, wellness, medicinal and new consumer preferences.
The Company’s brand portfolio includes, 7ACRES, Blissco, Truverra, Sugarleaf by 7AC and Khalifa Kush Enterprises Canada. Supreme Cannabis’ brands are backed by a focused suite of world-class operating assets that serve key functions in the value chain, including, scaled cultivation, value-add processing, centralized manufacturing and product testing and R&D.
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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