Entries by Nicole Sale

Supreme Cannabis Welcomes New CBD Legislation in South Africa

TORONTO, May 30, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) comments on the recent changes to South Africa’s Medicines and Related Substances Act. This past week, South Africa’s Department of Health removed Cannabidiol (“CBD”) from the country’s Schedule 7 list of highly controlled drugs, allowing for legal […]

Supreme Cannabis to Acquire Premium Wellness Cannabis Company Blissco

Blissco to complement Supreme Cannabis growing brand portfolio and accelerate its growth as a premium wellness-focused cannabis company. Share-based acquisition allows Blissco shareholders to continue to participate in upside of combined companies, and benefit from enhanced liquidity and access to capital. Supreme Cannabis has secured support from shareholders of Blissco representing approximately 52%, including CEO […]

Supreme Cannabis Announces Q3 2019 Financial Results

Q3 2019 net revenue was $10 million, a 382% increase from Q3 2018 ($2.1 million) and a 29% increase from Q2 2019 ($7.7 million). Sales revenue from adult-use recreational markets increased 63% quarter over quarter. During the quarter, 7ACRES’ facility was approved for 90,000 sqft of additional production capacity, increasing annual capacity from 13,300kg to […]

Supreme Cannabis’ 7ACRES Facility Approved for Additional 50,000 Square Feet of Production Capacity

Licensed space at 7ACRES increases to 230,000 sqft. Target annual production capacity is estimated to increase by 28% to approximately 33,580kg. Supreme Cannabis expects to submit additional rooms for Health Canada approval in the near term. TORONTO, May 13, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) […]

Supreme Cannabis Announces May Speaking Engagements

TORONTO, May 3, 2019 The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), is pleased to announce the Company’s participation at select capital markets and cannabis conferences in May. Canaccord Cannabis Conference – New York, NY May 14, 2019: Nikhil Handa, Chief Financial Officer, to present to investors […]