Supreme Cannabis Company’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES subsidiary is expanding its cultivation facility space. The expansion is set to increase its production capacity by 50%, reaching approximately 26,250 kg. A recent article discussing the company reads, “The Supreme Cannabis Company anticipates reaching multiple milestones this year. As of March 2019, the company has amassed growing room space of 180,000 square feet at its 7ACRES cultivation facility. This growth will enable production capacity to increase by 50%, reaching approximately 26,250 kg (http://cnw.fm/6SwId). Additionally, supply agreements are in place throughout eight Canadian provinces. As such, the company’s target goals continue to increase to match its evolving production capacity, which could potentially reach approximately 50,000 kg in the near future.”
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About Supreme Cannabis
The Supreme Cannabis Company 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 7ACRES, its wholly-owned subsidiary and multi-award-winning brand. 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. 7ACRES’ brand success has been reflected in its multiple award wins, including the Brand of the Year award at the 2018 Canadian Cannabis Awards, and 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. The Supreme Cannabis Company is a leading innovator in the sector, including the design of growing facilities and development of operational excellence metrics. With its flagship brand, proprietary technology and products, unique culture and industry-leading team, the company seeks to 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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