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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’ 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 […]
Supreme Cannabis First Quarter Earnings Release Scheduled for November 14, 2019
TORONTO, November 7, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that it will be providing its first quarter financial results for the three months ended September 30, 2019 on November 14, 2019. About Supreme Cannabis. The Supreme Cannabis Company, Inc. is a […]
Supreme Cannabis’ Wellness Brand, Blissco, Receives Cannabis Oil Sales License
Supreme Cannabis’ premium wellness brand, Blissco, receives oil sales license from Health Canada. Blissco expects to ship first CBD oil product to the Canadian market in Q2 fiscal 2020. Blissco product sales expected to meaningfully contribute to Supreme Cannabis’ fiscal 2020 revenue. TORONTO, OCTOBER 8, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or […]
Supreme Cannabis’ High End Brand, 7ACRES, Launches New Cultivar: Jack Haze
7ACRES launches new proprietary premium strain, Jack Haze. Jack Haze is 7ACRES’ first sativa-dominant strain with rare sensory characteristics. 7ACRES continues to achieve premium pricing with the launch of Jack Haze. TORONTO, SEPTEMBER 9, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), today announced that […]