Supreme Cannabis gets Conditional Approval to List on Toronto Stock Exchange

Supreme Cannabis gets Conditional Approval to List on Toronto Stock Exchange

“Graduating to the TSX will expand our investment appeal and leave us well positioned to execute on our strategic imperatives for 2019, and that’s why we’re happy to bring this milestone to our list of accomplishments for the year. ”

He continued:

“Our Company had a banner year that was headlined by our wholly-owned subsidiary, 7ACRES, generating the sixth greatest earnings among Canadian accredited cannabis producers last quarter. On a revenue basis, the first year of cannabis earnings for 7ACRES was one of the best among any Canadian accredited cannabis producer, validating our view that long-term value flows from foundational investments in high-end cannabis cultivation. Looking forward, we are eager to build on those accomplishments and make substantial advancements by cementing 7ACRES as a major premium flower brand, establishing export channels for Medigrow, starting jointly-developed goods with Khalifa Kush Enterprises and much more in 2019. ”

Final approval of the list is subject to the Company meeting certain customary conditions required by the TSX. Supreme Cannabis will issue a statement once the TSX affirms the date on which trading on the TSX will commence.

About Supreme Cannabis

The Supreme Cannabis Company (TSXV: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is a Canadian publicly traded company dedicated to providing premium brands and products that proudly reflect its customers, people and uniquely innovative culture. The Company’s portfolio includes its wholly-owned subsidiary and award-winning brand, 7ACRES.

7ACRES is a federally accredited producer of cannabis operating within a 342,000-square-foot facility in Kincardine, Ontario. 7ACRES is dedicated to providing customers with a premium-quality product that recognizes its customers are informed, discerning and value a brand and culture that aligns with their fundamentals. 7ACRES brand success was reflected in its “Brand of the Year” award win in the 2018 Canadian Cannabis Awards, and in provincial supply agreements where 7ACRES’ product is consistently listed in the highest brand category available to recreational customers.

The Company’s growing portfolio also includes an equity investment and long term global distribution partnership with Lesotho-based Medigrow for the exporting of medical-grade cannabis oil.

The Supreme Cannabis Company has been a major innovator in the sector including the plan of growing facilities and development of operational excellence metrics. We’re confident that together with our flagship brand, proprietary technology and products, truly unique culture, and industry-leading staff, we’ll provide our shareholders consistent long-term value generation.

Released at Thu, 10 Jan 2019 14:21:41 +0000

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