Supreme Cannabis Announces Financial Results for Q1 2021
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 […]
Canopy Growth Completes Acquisition of Supreme
/in 2021, Investor Relations, News, Press Release /by adminAcquisition solidifies Canopy Growth’s leadership position in the Canadian recreational market SMITHS FALLS, ON June 23, 2021 – Canopy Growth Corporation (“Canopy”) (TSX: WEED, NASDAQ: CGC) and The Supreme Cannabis Company, Inc. (“Supreme”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) are pleased to announce the completion of the previously announced arrangement (the “Arrangement”) whereby Canopy has […]
The Supreme Cannabis Company, Inc. Obtains Final Order for Arrangement with Canopy Growth Corporation
/in 2021, Investor Relations, Press Release /by Nicole SaleToronto, Ontario (June 15, 2021): The Supreme Cannabis Company, Inc. (“Supreme”, the “Company” or “we”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), is pleased to announce that it has been granted the final court order from the Ontario Superior Court of Justice (Commercial List) approving the plan of arrangement (the “Arrangement”) with Canopy Growth Corporation (“Canopy”), […]
The Supreme Cannabis Company, Inc. Announces Shareholder Approval of Arrangement with Canopy Growth Corporation
/in 2021, Press Release /by adminToronto, Ontario (June 10, 2021): The Supreme Cannabis Company, Inc. (“Supreme” or the “Company” or “we”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), is pleased to announce that, at its special meeting (the “Supreme Meeting”) of shareholders of Supreme (“Supreme Shareholders”), Supreme Shareholders approved the plan of arrangement (the “Arrangement”) with Canopy Growth Corporation (“Canopy”), pursuant […]
Independent Proxy Advisors ISS and Glass Lewis Support Supreme’s Plan of Arrangement with Canopy Growth Corporation and Recommend that Shareholders Vote “FOR” the Arrangement Resolution
/in 2021, Investor Relations, Press Release /by Nicole SaleTwo institutional shareholders who represent in aggregate approximately 5.46% of the total issued and outstanding Supreme shares on a non-diluted basis have entered into voting support agreements Shareholders are reminded to vote “FOR” the arrangement resolution ahead of the voting deadline on June 8, 2021 at 10:00 a.m. (Toronto time) Don’t delay. Vote today: For […]
The Supreme Cannabis Company, Inc. Mails Information Circular for Special Meeting of Shareholders
/in 2021, Press Release /by adminToronto, Ontario (May 17, 2021): The Supreme Cannabis Company, Inc. (“Supreme”, the “Company” or “we”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is pleased to announce that it has mailed a management information circular (the “Information Circular”) and related proxy materials for the special meeting of Supreme shareholders (“Supreme Shareholders”) to be held virtually on June […]
Supreme Cannabis Announces Financial Results for Q3 2021
/in 2021, Press Release /by adminMaintains market position and records third consecutive quarter of positive EBITDA 2021 Third Quarter Highlights: Positive Adjusted EBITDA[1] of $0.5 million Consolidated net revenue of $13.6 million 64 active SKUs as at quarter end, 9 new products introduced in Q3, with presence in all 10 provinces Maintains a strong liquidity position, including a cash balance […]
Supreme Cannabis Schedules Third Quarter 2021 Financial Results Release and Conference Call
/in 2021, Press Release /by Nicole SaleTORONTO, April 30, 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 third quarter financial results for the three months ended March 31, 2021 after markets close on Thursday, May 13, 2021. The Company will host a conference […]
Canopy Growth to Acquire The Supreme Cannabis Company
/in 2021, Press Release /by Nicole SaleApril 8, 2021 – Canopy Growth Corporation (“Canopy”) (TSX: WEED, NASDAQ: CGC) and The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or “Supreme”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) are pleased to announce that they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) under which Canopy will acquire all of Supreme Cannabis’ issued and […]
Supreme Cannabis Launches Sugarleaf THC Gummies
/in 2021, Featured, Investor Relations, News, Press Release /by George GretesTORONTO, March 8, 2021 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that it has launched THC gummies under its sugarleaf brand. The first variety, Strawberry Peach, is being shipped to cannabis retailers in British Columbia, Saskatchewan, Alberta Manitoba and PEI, and is expected […]
Supreme Cannabis Announces At-the-Market Equity Program
/in 2021, Featured, Investor Relations, News, Press Release /by George GretesNOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, March 3, 2021 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that it has established an at-the-market equity program (the “ATM Program”) that allows the Company to issue and […]
Supreme Cannabis Announces Closing Of $25.9 Million Bought Deal Public Offering Including Full Exercise Of Over-Allotment Option
/in 2021, Featured, News, Press Release /by George GretesTORONTO, Ontario (February 19, 2021) – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced today the closing of its previously announced bought deal public offering (the “Offering”) of 83,490,000 units of the Company (“Units”) for aggregate gross proceeds to the Company of $25,881,900, including the full […]
Supreme Cannabis Announces $22.5 Million Bought Deal Financing
/in 2021, Featured, News, Press Release /by George GretesTORONTO, Feb. 16, 2021 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is pleased to announce that it has entered into an agreement with BMO Capital Markets, on behalf of a syndicate of underwriters, under which the underwriters have agreed to buy on bought deal basis […]
Supreme Cannabis Announces Financial Results for Q2 2021
/in 2021, Featured, Investor Relations, Press Release /by George GretesContinued 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 […]
Supreme Cannabis Announces Closing of $23 Million Overnight Marketed Public Offering Including Full Exercise of Over-Allotment Option
/in 2021, Press Release /by George GretesTORONTO, Ontario (January 29, 2021) – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced today the closing of its previously announced overnight marketed public offering (the “Offering”) of 121,049,000 units of the Company (“Units”) for aggregate gross proceeds to the Company of $22,999,310, including the full […]
Supreme Cannabis Schedules Second Quarter 2021 Financial Results Release and Conference Call
/in 2021, Investor Relations, Press Release /by George GretesTORONTO, 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 […]
Supreme Cannabis Prices $20 Million Overnight Marketed Public Offering
/in 2021, Press Release /by George GretesNot for distribution to U.S. news wire services or dissemination in the United States. TORONTO, Jan. 26, 2021 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced today the pricing of its previously announced overnight marketed public offering (the “Offering”) of units of the Company (“Units”) at […]
Supreme Cannabis Announces Overnight Marketed Public Offering
/in 2021, Investor Relations, Press Release /by George GretesTORONTO, 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 […]
Supreme Cannabis Expands International Medical Cannabis Shipments
/in 2021, News, Press Release /by Nicole SaleSupreme Cannabis Completes its First Shipment of Medical Cannabis to Australia and Fourth Shipment of Medical Cannabis to Israel TORONTO, January 8, 2021 – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that it has made its first shipment of medical cannabis to Australia in […]