Supreme Cannabis Company Inc. SPRWF Archives - Page 8 of 16

MondayAug 19, 2019 11:24 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Definitive Acquisition Agreement, Set to Strengthen Global Position

The Supreme Cannabis Company Inc. is Canada’s only coast-to-coast premium cannabis producer Supreme’s wholly owned subsidiary produces sustainably scaled, high-quality cannabis yields The company has entered into a definitive agreement to acquire Truverra Inc. The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) works with an eye to providing the world’s best cannabis products and emerging as a top competitor in the cannabis marketplace. As Canada’s only coast-to-coast premium cannabis producer, Supreme is engaged in widespread distribution and has an expert team of passionate professionals and employees. Furthermore, Supreme Cannabis secured a place among the highest revenue-recording, publicly…

WednesdayAug 14, 2019 10:52 am

QualityStocksNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Closing of Truverra Inc. Acquisition

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Tuesday announced the closing of its acquisition of all of the issued and outstanding shares of privately-held Truverra Inc. According to the update, the transaction was completed by way of a three-cornered amalgamation. 2708300 Ontario Ltd., a wholly-owned subsidiary of Supreme Cannabis, combined with Truverra to form a newly amalgamated company that will operate under the name "Truverra Inc." as a wholly-owned subsidiary of the company. Consideration for the transaction, which was previously announced by Supreme Cannabis on July 17, 2019, consisted of the issuance of approximately 14.7 million common…

TuesdayAug 13, 2019 9:30 am

QualityStocksNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expects Positive Q4 Results, Provides Guidance for Fiscal 2020

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its projected revenue for the fiscal fourth quarter ended June 30, 2019 and provided guidance for fiscal 2020. Per the update, the company anticipates net revenue of about $19 million and positive adjusted EBITDA for the fourth quarter 2019. Supreme Cannabis also expects sustained revenue growth during 2020 as its wholly owned subsidiary 7ACRES scales production, new and higher-margin products are introduced, and additional brands start producing material revenue. The company plans to release audited fourth quarter and annual results on September 17, 2019. “Our company has taken…

WednesdayAug 07, 2019 3:01 pm

QualityStocksNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Developing Diverse Portfolio of Flourishing Cannabis Brands

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is actively forming a diverse suite of domestic and global premium-cannabis brands. An article discussing the company reads, “Supreme Cannabis has effectively built a diversified portfolio of successful cannabis brands. These brands include 7ACRES, Cambium Plant Sciences, Supreme Heights, KKE and Medigrow Lesotho. The company is expanding both domestically and internationally. . . . 7ACRES operates from a 440,000-square-foot cultivation facility in Kincardine, Ontario. The facility’s annual capacity for dried cannabis is projected to reach approximately 50,000 kilograms per year following the licensing of all 25 flowering rooms. In May, 7ACRES…

ThursdayAug 01, 2019 12:39 pm

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Pursuing Growth through Partnerships, Added Talent

The company has entered an exclusive partnership with PAX Labs Supreme recently appointed a new chief information officer and a VP of talent The vaping market is projected to reach $47.11 billion by 2025, with North American markets expected to represent the largest share at $20.49 billion The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is out to grow the world’s best cannabis and become a leader in the global industry. As Canada’s only coast-to-coast, premium-cannabis producer, SPRWF sees itself at the center of a global shift toward legalizing cannabis. The company is expanding through strategic partnerships…

TuesdayJul 30, 2019 2:33 pm

QualityStocksNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and Khalifa Kush Enterprises Canada Launch Premium Cannabis Oil

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), together with partner Khalifa Kush Enterprises Canada, recently debuted a new line of cannabis oils named KKE Oils, marking the first entry in a suite of new products from the two companies (http://ibn.fm/34Xuj). An article discussing the company reads, “KKE Oil is a recreational-focused oil that offers the consumer high THC potency and precise dosing in a cannabis oil. The line is one of the first recreational-focused cannabis oils in Canada. Wiz Khalifa and the KKE team specifically chose Supreme Cannabis subsidiary 7ACRES’ Sensi Star strain for the launch. . .…

MondayJul 29, 2019 11:04 am

Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Plans to Acquire Truverra Inc.

Supreme’s Truverra acquisition is valued at approximately C$20 million Supreme Cannabis intends to repurpose Truverra’s Health Canada-licensed facility to produce cannabis extracts for use in concentrates and vaping liquids The company will gain entry into Europe through Truverra’s subsidiary The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) intends to acquire privately held, Toronto-based Truverra Inc. in a three-cornered amalgamation between Truverra, Supreme Cannabis and a wholly owned subsidiary of Supreme Cannabis. The transaction for 14.7 million common shares of Supreme Cannabis has a value of approximately C$20 million (http://ibn.fm/3Itkx). Truverra’s Health Canada-licensed facility in Toronto, Ontario, will produce…

ThursdayJul 25, 2019 9:41 am

QualityStocksNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expands Executive Team; Appoints New Chief Information Officer and VP of Talent

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Wednesday announced the appointment of its new Chief Information Officer ("CIO") Ash Rajendra, who will focus on ensuring the company is well prepared to execute on its next phase of growth. In addition, Supreme Cannabis announced that Valerie Rother has joined the company and will serve as its new VP, Talent, to steward its human capital and talent development program. “We are excited to welcome Mr. Rajendra and Ms. Rother to the Supreme Cannabis team. Both bring a wealth of experience and knowledge to drive the company's next phase of…

TuesdayJul 23, 2019 12:09 pm

QualityStocksNewsBreaks – Supreme Cannabis Company Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) New Investment Platform Targets UK, European CBD Health and Wellness Sector

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently launched a new investment platform called Supreme Heights. Established in London, the platform will capitalize on opportunities within the UK and European CBD health-and-wellness space. An article discussing the company reads, “While Supreme Heights has been initiated as a separate entity, the platform has solid foundational support and will benefit from Supreme Cannabis’ regulatory, product commercialization, supply chain, marketing and capital markets expertise, as well as corporate support services (http://ibn.fm/Fsts5). Additionally, Supreme Heights will benefit from Supreme Cannabis’ experience launching premium brands and its team’s history of supporting health and…

TuesdayJul 23, 2019 11:09 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Innovating in Cannabis Space, Closing on Acquisition

Supreme Cannabis is one of the world’s fastest-growing premium plant-driven lifestyle companies Supreme Cannabis has supply agreements in place throughout eight Canadian provinces The company gained advanced extraction infrastructure and expertise through its Blissco acquisition The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) maintains a diversified, international portfolio of distinct cannabis companies, products and brands. Since 2014, it has emerged as one of the world’s fastest-growing, premium, plant-driven, lifestyle companies. The company’s growth strategy includes key industry agreements and its wholly owned 7ACRES subsidiary. Based in Toronto, Ontario, Supreme Cannabis is working to be an innovator in…

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