Supreme Cannabis Company Inc (CVE: FIRE)

logo-supreme-whiteSupreme Cannabis Company, Inc (also known as Supreme Pharma and Bioscience) is a Canadian company formerly in mining and now in biomedicine, particularly medical marijuana. The company has a greenhouse in Ontario and is preparing to sell its products online.

The Supreme Greenhouse in Kincardine, Ontario is the company’s flagship. It is a 342-square feet area, of which 280,000 square feet will be allotted for growing cannabis while over 6,000 will be for research and development. Unlike many marijuana-growing operations, which use indoor cultivation facilities, Supreme emphasizes that its greenhouse will use natural sunlight supplemented by state-of-the-art equipment.

The company’s grow operations began when it acquired Advanced Medical Marijuana Canada (AMMCan). This corporation has been preapproved by Health Canada to produce and distribute a yearly total of 24,000 kilograms of marijuana. It now operates as Supreme Pharma’s wholly owned subsidiary Supreme Medical Marijuana (AMMCan Supreme).

Supreme has started to set up an online shop as well as a customer discount program called CanAssist.

Founded in Calgary in 1979, Supreme Pharmaceuticals was formerly known as Sonar Energy Company; Strata Energy Company; US Platinum, Inc; and Universal Energy Corp. From 2007, it was Supreme Resources, Ltd, which was a junior exploration company with projects on base and precious metals in British Columbia. The company finally became Supreme Pharmaceuticals, Inc in March 2014.

Today, Supreme Pharma is listed in the Canadian Stock Exchange as SL and in the US OTC markets as SPRWF. It has a market cap of USD 22.91 M.

The company is led by David Stadnyk, Chairman, President, and CEO; Brayden R. Sutton, Executive VP; and Thaddeus Conrad, Production Advisor. Alongside them are executives from AMMCan Supreme, including Peter M. Herburger, CEO; John Fowler, Director of Operations; and Dr. Kenneth Adams, Medical Director.


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Latest Financial News for SPRWF

Supreme Cannabis Pulling Away From Peers, Guides Up to $180 Million in 2020 Revenue -- CFN Media

Seattle, Washington--(Newsfile Corp. - August 16, 2019) - CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry announces publication of an article discussing The Supreme Cannabis Company (OTCQX: SPRWF) (TSX: FIRE).While still in its infancy, the cannabis industry has reached an inflection point where some clear separation is happening between companies. To use some old axioms, "The cream is rising to the top" and ...

Supreme Cannabis Announces the Closing of its Acquisition of Truverra

TORONTO , Aug. 13, 2019 /CNW/ - The Supreme Cannabis Company, Inc. ("Supreme Cannabis" or the "Company") (FIRE.TO) (SPRWF) (53S1.F) 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 to which 2708300 Ontario Ltd., a wholly-owned subsidiary of Supreme Cannabis, amalgamated with Truverra to form a newly amalgamated company ("Amalco") which shall operate under the name "Truverra Inc." as a wholly-owned subsidiary of the Company.

Supreme Cannabis Provides Guidance for Positive Fourth Quarter 2019 and Fiscal 2020

The Company will not pursue potential share consolidation approved at 2018 annual general meeting. TORONTO , Aug. 13, 2019 /CNW/ - The Supreme Cannabis Company, Inc. ("Supreme Cannabis" or the "Company") (FIRE.TO) (SPRWF) (53S1.F) today announced its expected revenue for the fiscal fourth quarter ended June 30, 2019 and provided guidance for fiscal 2020. Supreme Cannabis' expects to release the Company's audited fourth quarter and annual results on September 17, 2019 .

Cannabis M&A Spree Continues with Supreme's Merger with Blissco -- CFN Media

Seattle, Washington--(Newsfile Corp. - August 1, 2019) - CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry announces publication of an article discussing The Supreme Cannabis Co.'s (TSX: FIRE) (OTCQX: SPRWF) (FSE: 53S1) recent merger with Blissco.The cannabis industry is quickly moving through a well-known cycle for emerging markets. Like Google in the tech industry, early market entrants that have become successful in a ...

Supreme Cannabis Appoints New Chief Information Officer and VP of Talent

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, ...