Supreme Cannabis Secures Supply Agreements with Nova Scotia and Prince Edward Island

Supreme Cannabis Secures Supply Agreements with Nova Scotia and Prince Edward Island

  • The Company now has six provincial supply agreements and is listed in provinces from coast-to-coast.
  • Supreme is currently one of only six cannabis companies with five or more provincial supply agreements.
  • Supreme Cannabis’ 7ACRES merchandise to be listed as a premium offering.
  • The Supreme Cannabis Company, Inc. (TSXV: FIRE) (OTC: SPRWF) (FRA: 53S1), announced that the Company’s wholly owned subsidiary, 7ACRES, has entered into supply agreements with the Nova Scotia Liquor Corporation  and the PEI Cannabis Management Corporation to provide recreational cannabis for their respective retail stores beginning October 17, 2018. 

    Nova Scotia and PEI become Supreme Cannabis’ fifth and sixth provincial recreational partners alongside Ontario, British Columbia, Alberta and Manitoba.

    “We are excited to finalize these agreements with the provinces of Nova Scotia and Prince Edward Island,” said John Fowler, CEO of Supreme Cannabis. “We expect to be one of Canada’s few producers who will be in stores coast-to-coast when the Canadian recreational market kicks off on October 17th, and the only major producer to be listing exclusively as a premium offering.

    Updates will be provided by the Company as they become available. With an annual production capacity expected to reach 50,000 kg once the 7ACRES facility is fully operational, the Company is committed to providing the recreational market from coast-to-coast with cannabis flower.

    About Supreme Cannabis
    The Supreme Cannabis Company (TSXV: FIRE, OTC: SPRWF, FRA: 53S1) is a Canadian publicly traded company committed to providing premium brands and products that proudly reflect its consumers, people and distinctively innovative culture. The portfolio of the Company includes its subsidiary and flagship brand 7ACRES.  

    7ACRES is a federally producer of medical cannabis within a 342,000-square-foot facility in Kincardine, Ontario. 7ACRES is dedicated to providing consumers with a product that recognizes its customers are informed, discerning and value a brand and culture that aligns with their principles. 7ACRES brand success was reflected in provincial supply agreements, where 7ACRES’ merchandise is always listed in the highest brand category available to consumers that were recreational.   

    The growing portfolio of the Company also has worldwide distribution partnership and an equity investment with Lesotho-based Medigrow for the exporting of cannabis oil. 

    The Supreme Cannabis Company has always set the standard for innovation in the sector, including the design of facilities and development of excellence metrics. We are confident that together with proprietary technology, our brand and products, truly distinctive culture, and industry-leading team, we will deliver our shareholders value creation.

    Please visit www.supreme.ca and www.7ACRES.com to find out more.

    SOURCE

    Published at Tue, 28 Aug 2018 16:36:26 +0000

    Posted in: News

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