Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA:
53S1) recently released financial and operational results for the three months
ending December 31, 2018. An article discussing the company’s Q2 2019 results
reads, “With revenues for the quarter climbing to a fiery run rate of $20.6
million, the company is now one of the top-eight publicly traded Canadian
licensed producers. Its Q2 2019 revenue was $7.72 million, marking a 359
percent increase over the $1.68 million of Q2 2018 and a 50 percent increase
from Q1 2019 revenues of $5.14 million (http://ibn.fm/tyK3R). This top-of-the-line run rate is set
to continue as Supreme Cannabis expands its domestic product delivery channels.
In addition, the company recently announced that, after receiving approval from
the Depository Trust Company (‘DTC’) of New York, its shares are now DTC
eligible. . . . Supreme Cannabis has posted a string of achievements in the
last calendar year, showing that it is aptly named. 7ACRES, its wholly owned
subsidiary and multiaward-winning brand, was named ‘Brand of the Year’ at the
2018 Canadian Cannabis Awards.”
To view the full article, visit http://ibn.fm/Ddu7a
About Supreme Cannabis Company Inc.
Supreme Cannabis 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 multiaward-winning brand, 7ACRES.
7ACRES is a federally licensed producer of cannabis operating inside a
440,000-square-foot facility in Kincardine, Ontario. 7ACRES is dedicated to
providing consumers with a premium-quality product that recognizes its
customers are informed and discerning, and value a brand and culture that
aligns with their principles. The brand success of 7ACRES has been reflected in
its Brand of the Year award at the 2018 Canadian Cannabis Awards and Best
Licensed Producer Branding award at the 2018 AdCann Advertising Awards, as well
as 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. Supreme Cannabis has been a leading innovator in
the sector including the design of growing facilities and the development of
operational excellence metrics. The company is confident that with its flagship
brand, proprietary technology and products, along with its unique culture and
industry-leading team, it will deliver consistent, long-term value creation to its
shareholders. For more information, visit the company’s website at www.Supreme.ca.
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