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 […]
Sugarleaf is crafted for the convenient pleasure of the cannabis experience. Rolled Jack Haze joints are Sugarleaf’s first introduction to the market. Sugarleaf is stamped with the quality and excellence of 7ACRES’ high-end strains. TORONTO, December 12, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) […]
TORONTO, December 10, 2019 – 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 2019 Annual and Special Meeting of Shareholders (the “Meeting”), held on December 9, 2019 in Toronto, Ontario. The following five nominees were elected to […]
Jackie Poriadjian-Asch has committed to join Supreme Cannabis’ Board of Directors. Jackie Poriadjian-Asch will bring 20 years of brand building, marketing and business development experience from her work with iconic global brands. TORONTO, December 6, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced today […]
Supreme Cannabis expands its manufacturing capacity with a 107,000 square foot central processing facility in Kitchener, Ontario. Blissco Facility to fill and package 7ACRES’ PAX Era vaporizer pods after receiving license amendment in October that allows for the sale of cannabis 2.0 products. Supreme Cannabis Scarborough to manufacture concentrates after receiving processing license in November. […]
Dan Sippel joins Supreme Cannabis as General Manager of 7ACRES; Dan Sippel brings over 30 years of experience in diverse, high-volume production environments. Ram Davloor transitions full time to Senior Vice President, Quality and Operations Improvements. TORONTO, November 28, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) […]
John Griese joins Supreme Cannabis as Chief Operating Officer; John Griese brings over 30 years of executive level CPG operations and supply chain expertise from global corporations, including Nestle and Pepsico; Extensive experience with global cannabis operations through his work at Australia based Creso Pharma and California based Bloom Farms; TORONTO, November 22, 2019 – […]
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 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 […]
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 […]
Joel Toguri joins as Senior Vice President of Commercial Supreme Cannabis strengthens senior team with the addition of experienced sales executive Toguri brings over 20 years of regulated industry expertise to Supreme Cannabis TORONTO, November 4, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced today […]
TORONTO, OCTOBER 29, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced that, effective today, it has parted ways with its Chief Advocacy Officer, John Fowler. The Company wishes to thank Mr. Fowler for his years of dedication and strong contribution to Supreme Cannabis and […]
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 […]
Achieves first positive Adjusted EBITDA1 quarter of $3.2 million. Q4 2019 net revenue was $19 million, a 90% increase from Q3 2019 ($10 million). Fiscal 2019 total revenue was $41.8 million, a 370% increase from fiscal 2018 ($8.9 million). Forecasts net revenue for fiscal 2020 to be between $150 million and $180 million, and positive […]
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 […]
TORONTO, August 13, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is pleased to announce the closing of its acquisition of all of the issued and outstanding shares of privately-held Truverra Inc. (“Truverra”) (the “Transaction”). The Transaction was completed by way of a three-cornered amalgamation pursuant […]
Anticipates net revenue of approximately $19 million and positive Adjusted EBITDA1 for Q4 2019. Forecasts net revenue for fiscal 2020 to be between $150 million and $180 million, and positive Adjusted EBITDA1 for fiscal 2020. The Company will not pursue potential share consolidation approved at 2018 annual general meeting. TORONTO, August 13, 2019 – The […]
Ash Rajendra assumes role of Chief Information Officer. Valerie Rother assumes role of VP, Talent. Supreme Cannabis’ Board of Directors announce search for new independent director. TORONTO, July 24, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced today that Ash Rajendra has joined the […]
Truverra’s Health Canada licensed facility in Toronto, ON to produce cannabis derivative products for Legalization 2.0. Truverra to serve as Supreme Cannabis’ global medical brand, building on existing R&D platform and established CBD offering in Europe. Skilled management team with decades of domestic and international experience in highly regulated industries, including life sciences and pharmaceuticals. […]
Blissco to expand Supreme Cannabis’ portfolio of premium cannabis brands into the wellness category. Will provide in-house extraction capabilities for other Supreme Cannabis brands, including 7ACRES. Will expand Supreme Cannabis’ product portfolio to include CBD and THC wellness products and pre-rolls. TORONTO, July 11, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the […]
KKE Oils were created for recreational consumers who want the convenience, high THC potency and precise dosing offered with a cannabis oil. KKE Oils are the first in a full suite of recreational focused products to be created under the partnership between Supreme Cannabis, Wiz Khalifa and Khalifa Kush Enterprises Canada. KKE Oils are expected […]
Supreme Heights, based in London, UK to pursue investment opportunities in the UK and Europe Targeting investments in differentiated UK & European CBD health and wellness brands TORONTO, June 24, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), today announced the launch of Supreme Heights, […]
TORONTO, June 18, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) welcome’s Health Canada’s final regulations for new cannabis products (“Health Canada’s Regulations”) and reiterates its expanded product strategy. On June 14, 2019, Health Canada released to license holders amended cannabis regulations to permit the […]
Supreme Cannabis becomes one of only four initial supply partners for the PAX Era. 7ACRES-branded vaporizer oil will be sold exclusively in Era-compatible pods. Partnership accelerates Supreme Cannabis’ growth into the anticipated vaporizer market. TORONTO, June 7, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), […]
TORONTO, June 3, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), is pleased to announce the Company’s participation at select conferences in June. Lift&Co. Toronto Expo – Toronto, ON June 6, 2019: John Fowler, President and Founder, to participate in a panel discussion: “Brave New […]
TORONTO, May 30, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) comments on the recent changes to South Africa’s Medicines and Related Substances Act. This past week, South Africa’s Department of Health removed Cannabidiol (“CBD”) from the country’s Schedule 7 list of highly controlled drugs, allowing for legal […]
Blissco to complement Supreme Cannabis growing brand portfolio and accelerate its growth as a premium wellness-focused cannabis company. Share-based acquisition allows Blissco shareholders to continue to participate in upside of combined companies, and benefit from enhanced liquidity and access to capital. Supreme Cannabis has secured support from shareholders of Blissco representing approximately 52%, including CEO […]
Q3 2019 net revenue was $10 million, a 382% increase from Q3 2018 ($2.1 million) and a 29% increase from Q2 2019 ($7.7 million). Sales revenue from adult-use recreational markets increased 63% quarter over quarter. During the quarter, 7ACRES’ facility was approved for 90,000 sqft of additional production capacity, increasing annual capacity from 13,300kg to […]
Licensed space at 7ACRES increases to 230,000 sqft. Target annual production capacity is estimated to increase by 28% to approximately 33,580kg. Supreme Cannabis expects to submit additional rooms for Health Canada approval in the near term. TORONTO, May 13, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) […]
TORONTO, MAY 6, 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 third quarter financial results for the three and nine months ended March 31, 2019 after markets close on May 13, 2019. About Supreme Cannabis The Supreme Cannabis […]
TORONTO, May 3, 2019 The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), is pleased to announce the Company’s participation at select capital markets and cannabis conferences in May. Canaccord Cannabis Conference – New York, NY May 14, 2019: Nikhil Handa, Chief Financial Officer, to present to investors […]
Cambium Plant Sciences to disrupt cannabis industry through the development and licensing of next generation cannabis plant genetics and cultivation IP. Supreme Cannabis will invest approximately $14 million for the construction of a state-of-the-art, 34,000 sqft research and development facility located in Goderich, Ontario. TORONTO, April 22, 2019 – The Supreme Cannabis Company, Inc. (“Supreme […]
TORONTO, April 12, 2019 The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is pleased to announce the Company’s participation at select capital markets conferences in April. GMP Securities’ Cannabis Conference, Toronto, ON April 16, 2019: Navdeep Dhaliwal, Chief Executive Officer, to present to investors and attend 1-on-1 […]
MARCH 27, 2019 TORONTO, March 27, 2019 /CNW/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), congratulates its President and Founder, John Fowler for being named on High Times list of the 100 Most Influential People in Cannabis. Mr. Fowler, a pioneer of the Canadian cannabis industry, spent over a […]
MARCH 22, 2019 Proprietary oil formulation expected to be introduced in April 2019 for select markets with roll out to additional provinces expected by the end of June 2019. The oil products will be produced using High-End CannabisTM grown by 7ACRES and formulated to preserve the naturally occurring terpenes unique to the strain. TORONTO, March 22, […]
Licensed space at 7ACRES increases to 180,000 sqft. Target annual production capacity is estimated to increase by 50% to approximately 26,250kg. Supreme Cannabis expects to submit additional rooms for Health Canada approval in the near term. TORONTO, March 21, 2019 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) […]
MARCH 11, 2019 Letter of intent is the first step to obtain a cannabis production license in Malta. Malta is strategically located to serve export markets throughout Europe. TORONTO, March 11, 2019 /CNW/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that the Company has […]
MARCH 08, 2019 Nikhil Handa to assume role of CFO of Supreme Cannabis. CFO Dimitre Naoumov to become Vice President, Finance. TORONTO, March 8, 2019 /CNW/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that the Company has appointed Mr. Nikhil Handa as the Company’s […]
MARCH 07, 2019 TORONTO, March 7, 2019 /CNW/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), today announced the strengthening of its board of directors (the “Board”) with the appointment of a new independent director, Kenneth R. McKinnon, Q.C. As an experienced corporate executive and director, Mr. McKinnon […]
FEBRUARY 12, 2019 TORONTO, Feb. 12, 2019 /CNW/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), announced the release of its financial and operating results for the three and six months ended December 31, 2018. Q2 2019 Financial and Operational Highlights Q2 2019 revenue for the […]
FEBRUARY 08, 2019 TORONTO, Feb. 8, 2019 /CNW/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), is pleased to announce it has received approval from The Depository Trust Company (“DTC”) of New York to make the Company’s shares DTC eligible. DTC is a subsidiary of the Depository […]
FEBRUARY 07, 2019 Supreme Cannabis’ wholly owned subsidiary, 7ACRES, has agreed to supply cannabis to retailers in the provinces of New Brunswick and Saskatchewan. 7ACRES now joins an exclusive group of licensed producers with recreational distribution in eight or more provinces. TORONTO, Feb. 7, 2019 /CNW/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the […]
FEBRUARY 05, 2019 TORONTO, Feb. 5, 2019 /CNW/ – 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, 2018 before markets open on February 12, 2019. About Supreme Cannabis The Supreme Cannabis Company (TSX: FIRE) (OTCQX: […]
JANUARY 31, 2019 TORONTO, Jan. 31, 2019 /CNW/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSXV: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced today that its listed securities are expected to commence trading on the Toronto Stock Echange (the “TSX”) on February 4, 2019. At that time, Supreme Cannabis’ common shares and […]
JANUARY 28, 2019 7ACRES receives Health Canada approval for approximately 30,000 sqft of additional production space. Licensed space at 7ACRES increases to 120,000 sqft and target annual production capacity is expected to increase to approximately 17,500kg. 7ACRES also received Health Canada approval for its plant micropropagation space. Supreme Cannabis anticipates further Health Canada approvals […]
JANUARY 09, 2019 TORONTO, Jan. 9, 2019 /CNW/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSXV: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced today that it has received conditional approval from the Toronto Stock Exchange (the “TSX”) to graduate from the TSX Venture Exchange (“TSXV”) and list its common shares on the TSX. […]
JANUARY 02, 2019 As of calendar year-end, 7ACRES has 19 completed flowering rooms Completion of all 25 flowering rooms scheduled for March 2019 Administrative offices and other facilities scheduled for completion by mid-2019 Health Canada approval of additional flowering rooms expected in the near term TORONTO, Jan. 2, 2019 /CNW/ – The Supreme Cannabis Company, […]
Supreme Cannabis Announces Leadership Transition as Company Accelerates Transformation into Premium Cannabis CPG Company
/in 2020, Featured, News, Press Release /by Nicole SaleSupreme 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. […]