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 […]
TORONTO, September 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 fourth quarter financial results for the three months and year ended June 30, 2020 after markets close on Thursday September 24, 2020. The Company will host […]
TORONTO, September 2, 2020 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is pleased to announce that further to 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”), it has […]
TORONTO, Aug. 31, 2020 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company“) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced today that holders (the “Debentureholders“) of the Company’s outstanding 6.0% senior unsecured convertible debentures issued in October 2018 (the “Debentures“) have approved an extraordinary resolution approving the previously announced amendments to the terms of the Debentures. The following amendments, […]
TORONTO, August 14, 2020 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and Khalifa Kush Enterprises Canada ULC (“KKE”), have mutually agreed to terminate their exclusive consulting services agreement (“the Agreement”) entered into on December 6, 2018. Supreme Cannabis and KKE amicably part ways in order to re-focus their […]
Supreme Cannabis addresses market demand for affordable high-quality products with the launch of its new brand, Hiway Hiway enters the Canadian cannabis market with Hiway Hash, a potent 2g solventless concentrate product for frequent cannabis consumers Hiway to introduce additional product offerings, including large format flower, additional concentrate products, extracts and vapes TORONTO, August 10, […]
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 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 […]