Supreme Cannabis Completes First Shipment to Israel and Provides Corporate Update

Supreme Cannabis completes landmark international medical cannabis export from Canada to Israel Supreme Cannabis’ international medical brand, Truverra, to be sold through BOL Pharma’s network of pharmacies across Israel Supreme Cannabis provides update on corporate activities amid the COVID-19 pandemic TORONTO, April 2, 2020 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) […]

Supreme Cannabis Announces Q2 2020 Financial Results and Updated Plan for Accelerated Revenue Growth

Focuses business on accelerated, near-term revenue growth with enhanced, coast-to-coast sales partnership with humble+fume Enhanced cost structure and near-term revenue generating opportunities expected to drive profitable growth Reports 17% year-over-year net revenue growth and maintains a strong liquidity position with total cash and restricted cash balance of $55 million with $35 million of undrawn capacity […]

Supreme Cannabis Announces Leadership Transition as Company Accelerates Transformation into Premium Cannabis CPG Company

Supreme Cannabis Board Director and former President of Starbucks Coffee Canada, Colin Moore, appointed Interim President and CEO. Navdeep Dhaliwal departs Company, effective immediately. Interim CEO to leverage successful track record to accelerate growth and transformation strategy, while improving speed to market and rightsizing operating and capital spends. Search for new CEO to begin immediately. […]

Supreme Cannabis Expands 7ACRES to New Markets

Supreme Cannabis expands recreational distribution to all ten Canadian provinces; 7ACRES products will now be available in Québec and Newfoundland and Labrador; TORONTO, December 18, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced today that select brands will be available in Québec and Newfoundland […]

Supreme Cannabis Launches Sugarleaf by 7AC: An Exciting Addition to its Premium Cannabis Brand Portfolio

Sugarleaf is crafted for the convenient pleasure of the cannabis experience. Rolled Jack Haze joints are Sugarleaf’s first introduction to the market. Sugarleaf is stamped with the quality and excellence of 7ACRES’ high-end strains. TORONTO, December 12, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) […]

Supreme Cannabis Announces Results of the 2019 Annual and Special Meeting of Shareholders; Appointment of Independent Director

TORONTO, December 10, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is pleased to announce the detailed voting results for the 2019 Annual and Special Meeting of Shareholders (the “Meeting”), held on December 9, 2019 in Toronto, Ontario. The following five nominees were elected to […]

Supreme Cannabis Welcomes New General Manager to 7ACRES

Dan Sippel joins Supreme Cannabis as General Manager of 7ACRES; Dan Sippel brings over 30 years of experience in diverse, high-volume production environments. Ram Davloor transitions full time to Senior Vice President, Quality and Operations Improvements. TORONTO, November 28, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) […]

Supreme Cannabis Welcomes Global CPG Executive John Griese as Chief Operating Officer

John Griese joins Supreme Cannabis as Chief Operating Officer; John Griese brings over 30 years of executive level CPG operations and supply chain expertise from global corporations, including Nestle and Pepsico; Extensive experience with global cannabis operations through his work at Australia based Creso Pharma and California based Bloom Farms; TORONTO, November 22, 2019 – […]

Supreme Cannabis’ Wellness Focused Brand, Blissco, Launches New CBD Oil, Pūr Dew

Blissco launches full-spectrum CBD Oil, Pūr Dew; Created in British Columbia, Pūr Dew is made from pure CBD cannabis oil and USDA certified organic MCT coconut oil; Pūr Dew diversifies Supreme Cannabis’ product offering into CBD; TORONTO, November 18, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) […]

Supreme Cannabis Announces Q1 2020 Financial Results and $90 million Credit Facility led by Bank of Montreal

Supreme Cannabis achieves 122% year-over-year net revenue growth, Q1 2020 gross margin of 62%, and reports Adjusted EBITDA of $(4.9 million) Secures $90 million in corporate credit facilities with Bank of Montreal as Lead Arranger and Agent 7ACRES wins “Brand of the Year” at the Canadian Cannabis Awards Confirms forecasted net revenue for fiscal 2020 […]