Supreme Cannabis Announces Q3 2020 Financial Results

Realigned and rightsized operating model delivers immediate cost savings, reducing quarter-over-quarter operating expenses by 23% excluding restructuring charges Increased recreational sales revenue by 245% year-over-year, grew recreational sales volumes by 26% quarter-over-quarter and is accelerating revenue generation with over 30 SKUs in provinces across Canada, new product launches and an enhanced retail distribution model Maintains […]

7ACRES Helps Consumers Discover their Cannabis Taste Buds

7ACRES launches interactive website to help consumers find their cannabis taste preferences, meetyourtastebuds.com. When choosing cannabis, THC is only part of the story; let your taste buds guide you. TORONTO, May 11, 2020 – 7ACRES, a division of The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is […]

Supreme Cannabis Third Quarter Earnings Release Scheduled For May 15, 2020

TORONTO, May 8, 2020 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that it will be providing its third quarter financial results for the three and nine months ended March 31, 2020 before markets open on May 15, 2020. About Supreme Cannabis. The Supreme […]

7ACRES Launches New Craft Brand Extension, Craft Collective

7ACRES Craft Collective brings together some of the most sought-after cultivars, with a focus on high THC and quality, from the country’s most talented craft producers. Craft Collective will launch small batches of craft cannabis, hand selected by the experts at 7ACRES for specific provinces based on their cannabis preferences. The first strain launched under […]

Supreme Cannabis Appoints Beena Goldenberg as President and CEO

Beena Goldenberg, former CEO of Hain-Celestial Canada, a leading organic and natural products company, has been appointed as the Company’s new President and CEO to drive Supreme Cannabis’ long-term profitable growth as a premium cannabis CPG company Goldenberg succeeds interim President and CEO, Colin Moore, who led the transformation of the Company, streamlining costs and […]

Supreme Cannabis Announces At-the-Market Equity Program

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 24, 2020 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that it has established an at-the-market equity program (the “ATM Program”) that allows the Company to issue and […]

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 […]