Supreme Cannabis Company Inc. SPRWF Archives - Page 12 of 16

TuesdayMar 26, 2019 12:22 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Advancing Global Medical Cannabis Strategy

The Supreme Cannabis Company focuses on high-quality cannabis products via its 7ACRES subsidiary The company also has a strategic equity investment in Medigrow Lesotho Supreme has signed a letter of intent with Malta Enterprises BMO recently initiated coverage of Supreme The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) concentrates on growing the world’s best cannabis and becoming a leader in the global industry. The company’s flagship brand is 7ACRES, which is its licensed producer subsidiary that operates a 440,000-square-foot facility in Kincardine, Ontario. The 7ACRES subsidiary received ‘Brand of the Year’ recognition at the 2018 Canadian Cannabis…

FridayMar 22, 2019 10:10 am

QualityStocksNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Launch Premium Oil Products Line to Canadian Market

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced plans to introduce its oil products line to select adult-use Canadian markets starting in April 2019, with expansion to additional provinces expected by the end of June 2019. Per the update, the products will contain a proprietary blend of highly-purified cannabis oils and terpenes derived from plants grown by 7ACRES. “Premium oils require premium cannabis,” Supreme Cannabis CEO Navdeep Dhaliwal said in the news release. “Our formulation will leverage super-critical CO2 technology to produce a high quality, purified cannabis oil which we re-formulate with the naturally occurring cannabis…

ThursdayMar 21, 2019 12:20 pm

QualityStocksNewsBreaks – The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Receives Health Canada Approval for Expansion of 7ACRES Facility

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced that its wholly owned subsidiary, 7ACRES, has obtained Health Canada approval for six additional flowering rooms totaling 60,000 sq. ft. of additional production space at its facility in Kincardine, Ontario. With this expansion, total flowering room space at 7ACRES’ facility is expected to increase to 180,000 sq. ft., with annual production capacity estimates rising from roughly 17,500 kg to 26,250 kg. “Today's announcement is a major milestone which represents a 50% increase in our estimated annual production capacity. With 18 of 25 flowering rooms at 7ACRES…

MondayMar 18, 2019 2:33 pm

QualityStocksNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Continues to Achieve High Revenues within Booming Cannabis Industry

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently reported its financial and operational results for the period ended December 31, 2018. The report highlights the company’s capability to maintain high revenues within the cannabis industry. An article discussing SPRWF reads, “The Q2 report also detailed Supreme Cannabis’ profitability. The company recorded a 359-percent increase in revenue from Q2 2018 ($1.68 million) to Q2 2019 ($7.72 million). The company has also been making moves to stay competitive within the cannabis oil products market, an industry that has been dubbed the next ‘gold rush’ since the 2018 United States Farm…

ThursdayMar 14, 2019 12:26 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Key Strategic Appointments to Fuel Growth in 2019

The appointment of new CFO Nikhil Handa is expected to enhance the company’s growth strategy this year, as market demand intensifies Supreme Cannabis has also announced the appointment of Kenneth R. McKinnon to its board of directors; McKinnon’s governance experience will strengthen the already robust board of directors These strategic appointments occur as Supreme Cannabis is expanding its portfolio of businesses to include an equity investment and long-term global distribution partnership As it continues to grow, The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is strengthening its managerial and leadership teams. In March 2019, Supreme Cannabis announced…

MondayMar 11, 2019 10:08 am

QualityStocksNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Strategic LOI with Malta Enterprises

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its entry into a letter of intent ("LOI") with Malta Enterprises, the economic development agency of Malta. Per the update, the LOI is Supreme’s first step toward an application for a cannabis production license in Malta, one of Europe's principal commercial entry points. The license would allow the company to produce and process cannabis for medical use within Malta, as well as export cannabis to certain international markets for medical use. "We're pleased to announce that we have secured a letter of intent from Malta Enterprises, taking…

FridayMar 08, 2019 10:40 am

QualityStocksNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Appoints New CFO To Seize Opportunities in Next Stage of Global Growth

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its appointment of Nikhil Handa as the company's new chief financial officer. Current CFO, Dimitre Naoumov, will assume the role of vice president, finance. According to the update, Supreme Cannabis is executing this finance department leadership realignment of leadership to further accelerate its international and domestic growth initiatives. Handa joins Supreme Cannabis with considerable cross-sector capital markets experience and, as CFO, his responsibilities will include stewardship of Supreme Cannabis' finance department, with an emphasis on capital allocation planning, M&A, and transactional execution as the company focuses on domestic…

ThursdayMar 07, 2019 10:31 am

QualityStocksNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Strengthens Board of Directors with the Appointment of Kenneth R. McKinnon

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its appointment of new independent director, Kenneth R. McKinnon, Q.C. in a strategic move to strengthen its board of directors. McKinnon brings substantial financial oversight and business advisory experience as an experienced corporate executive and director. He currently is a partner at Citrus Capital Partners Ltd. and serves on the boards of Touchstone Exploration Inc. and Alvopetro Energy Ltd. McKinnon previously was a director at Petrominerales Ltd. and Lightstream Resources Ltd., where he also served as chairman. He also served on the board of governors of the University…

WednesdayMar 06, 2019 9:37 am

The Supreme Cannabis Company Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Growth Strategy Includes Boosting Distribution Points, Upping Production

One-year, $12 million supply agreement signed with Tilray Inc. to support medical cannabis patients State-of-the-art hybrid greenhouse technology and cultivation operations enable 7ACRES to grow premier cannabis sustainably and at scale Ramping up to produce an estimated 50,000 kg at full capacity in 2019 7ACRES named ‘Brand of the Year’ at the 2018 Canadian Cannabis Awards The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) continues to build on its reputation as a global organization that produces and distributes consumer-centric, proprietary cannabis plant products. The company’s mission, aptly stated in an investor presentation (http://ibn.fm/gjNk3), is to “make a positive…

ThursdayFeb 28, 2019 2:43 pm

QualityStocksNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Lives Up to Name with Recent Financial Results

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently released financial and operational results for the three months ending December 31, 2018. An article discussing the company’s Q2 2019 results reads, “With revenues for the quarter climbing to a fiery run rate of $20.6 million, the company is now one of the top-eight publicly traded Canadian licensed producers. Its Q2 2019 revenue was $7.72 million, marking a 359 percent increase over the $1.68 million of Q2 2018 and a 50 percent increase from Q1 2019 revenues of $5.14 million (http://ibn.fm/tyK3R). This top-of-the-line run rate is set to continue as…

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