Continued strong revenue growth and operational efficiency 2021 Second Quarter Highlights: Positive Adjusted EBITDA[1] of $3.6 million Consolidated net revenue of $18.3 million 54% net revenue growth quarter-over-quarter 52 active retail SKUs with 9 new SKUs introduced in Q2, with presence in all 10 provinces Completed fourth shipment of medical cannabis to Israel through its […]
TORONTO, January 28, 2021 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that it will be reporting its second quarter financial results for the three months ended December 31, 2020 after markets close on Thursday, February 11, 2021. The Company will host a conference […]
TORONTO, Jan. 25, 2021 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is pleased to announce that it has launched an overnight marketed public offering of units of the Company (the “Units”) at a price of $0.19 per Unit for gross proceeds of approximately $20 million (the […]
Continued strong revenue growth and operational efficiency 2021 First Quarter Highlights: Positive Adjusted EBITDA of $0.3 million 24% net revenue growth quarter-over-quarter 45 active retail SKUs, with presence in all 10 provinces Completed the third shipment of medical cannabis to Israel through its Truverra brand Maintains a strong liquidity position, including a cash balance of […]
TORONTO, November 12, 2020 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that the Company has entered into a supply agreement with Medical Cannabis by Shoppers Inc., a subsidiary of Shoppers Drug Mart Inc. Under the terms of the supply agreement with Medical Cannabis […]
TORONTO, Nov. 10, 2020 – 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 2020 Annual General Meeting of Shareholders (the “Meeting”), held on November 9, 2020. The following six nominees were elected to the board of directors […]
TORONTO, November 3, 2020 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that it will be reporting its first quarter financial results for the three months ended September 30, 2020 after markets close on Monday, November 16, 2020. The Company will host a conference […]
Established a platform for strong revenue growth and operational efficiency with a strengthened balance sheet. 2020 Fourth Quarter Highlights: Increased recreational sales net revenue by 27% quarter-over-quarter and 373% year-over-year, supported by brand expansion and the introduction of Cannabis 2.0 products 36 active retail SKUs listed, with presence in all 10 provinces Completed the first […]
TORONTO, September 21, 2020 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announces that it has entered into an agreement (the “Credit Facility Amendment”) with its lenders to amend the three-year term credit facility initially announced on November 14, 2019 (the “Credit Facility”). Under the terms […]
TORONTO, September 9, 2020 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is pleased to announce that the previously announced amendments (the “Amendments”) to the terms of the Company’s outstanding 6.0% senior unsecured subordinated convertible debentures issued in October 2018 (the “Debentures”), have been effected. In […]