HempNewsBreaks – 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://cnw.fm/5qnQO). This top-of-the-line run rate is set to continue as Supreme Cannabis expands its domestic product delivery channels. In addition, the company recently announced that, after receiving approval from the Depository Trust Company (‘DTC’) of New York, its shares are now DTC eligible. . . . Supreme Cannabis has posted a string of achievements in the last calendar year, showing that it is aptly named. 7ACRES, its wholly owned subsidiary and multiaward-winning brand, was named ‘Brand of the Year’ at the 2018 Canadian Cannabis Awards.”

To view the full article, visit http://cnw.fm/wkKs6

About Supreme Cannabis Company Inc.

Supreme Cannabis is a Canadian publicly traded company committed to providing premium brands and products that proudly reflect its consumers, people and uniquely innovative culture. The company’s portfolio includes its wholly-owned subsidiary and multiaward-winning brand, 7ACRES. 7ACRES is a federally licensed producer of cannabis operating inside a 440,000-square-foot facility in Kincardine, Ontario. 7ACRES is dedicated to providing consumers with a premium-quality product that recognizes its customers are informed and discerning, and value a brand and culture that aligns with their principles. The brand success of 7ACRES has been reflected in its Brand of the Year award at the 2018 Canadian Cannabis Awards and Best Licensed Producer Branding award at the 2018 AdCann Advertising Awards, as well as in provincial supply agreements where 7ACRES’ product is consistently listed in the highest brand category available to recreational consumers. 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. Supreme Cannabis has been a leading innovator in the sector including the design of growing facilities and the development of operational excellence metrics. The company is confident that with its flagship brand, proprietary technology and products, along with its unique culture and industry-leading team, it will deliver consistent, long-term value creation to its shareholders. For more information, visit the company’s website at www.Supreme.ca.

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