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 Focuses Organization and Reduces Cost Structure to Accelerate Profitable Growth

Corporate positions decreased by approximately 33% and operational positions decreased by approximately 13% Total number of positions decreased by approximately 15% across the Company New structure focuses the business on accelerating revenue growth in the Canadian market TORONTO, February 11, 2020 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: […]

Supreme Cannabis Second Quarter Earnings Release Scheduled for February 13, 2020

TORONTO, January 30, 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 second quarter financial results for the three months ended December 31, 2019 after markets close on February 13, 2020. About Supreme Cannabis. The Supreme Cannabis Company, […]

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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 […]