Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF)
(FRA: 53S1) this morning announced its entry into a definitive agreement for
the acquisition of Bayfield Strategy, Inc. (“Bayfield”), a leading
communications and stakeholder relations firm. Bayfield CEO, Founder and
Shareholder Riyaz Lalani will be appointed to the position of chief corporate
officer (“CCO”) of Supreme, where he will be responsible for guiding the
company through its next stage of growth as a leading premium cannabis
producer. Per the update, Bayfield employees will enter into employment
agreements with Supreme Cannabis, assuming a variety of roles throughout
corporate operations and stakeholder relations.
“I am excited to welcome the Bayfield team to Supreme
Cannabis. We have worked closely with Bayfield and have come to trust their
advice, work ethic, and values,” Supreme Cannabis CEO Navdeep Dhaliwal stated
in the news release. “As we enter an exciting growth stage for the Company and
the global cannabis industry, we will benefit from the infusion of skills and
experience brought by the Bayfield team. Supreme’s acquisition of Bayfield and
our retention of Riyaz Lalani as our new CCO, will support our growth efforts
for Supreme’s businesses in Canada and internationally.”
To view the full press release, visit http://ibn.fm/jWXxp
About Supreme Cannabis
The Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF)
(FRA: 53S1) is a Canadian publicly traded company committed to providing
premium brands and products that proudly reflect its consumers, people and
uniquely innovative culture. The company’s portfolio includes its wholly-owned
subsidiary and flagship brand 7ACRES. 7ACRES is a federally licensed
producer of cannabis operating inside a 342,000-square-foot facility in
Kincardine, Ontario. 7ACRES is dedicated to providing consumers with a
premium-quality product that recognizes its customers are informed, discerning
and value a brand and culture that aligns with their principles. 7ACRES brand
success has been reflected in provincial supply agreements, where 7ACRES’
product is consistently listed in the highest brand category available to
recreational consumers. The company’s growing portfolio also
includes an equity investment and long-term global distribution partnership
with Lesotho-based Medigrow for the exporting of medical-grade cannabis
oil. The Supreme Cannabis Company has consistently set the standard for
innovation in the sector, including the design of growing facilities and
development of operational excellence metrics. The company is confident that
together with its flagship brand, proprietary technology and products, truly
unique culture, and industry-leading team, it will deliver shareholders
consistent long-term value creation. For more information, visit the company’s
website at www.Supreme.ca
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