- Supreme Cannabis Company focuses on growing sustainable cannabis businesses
- The company’s portfolio includes innovative 7ACRES brand
- Supreme Cannabis recently signed an agreement with Wiz Khalifa’s Khalifa Kush Enterprises
The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) works to identify new opportunities to build unique cannabis businesses. The company’s 7ACRES licensed producer subsidiary operates a 440,000 sq. ft. facility in Ontario, Canada. 7ACRES’ specialty is growing high-quality cannabis in large quantities. Supreme Cannabis Company has its corporate headquarters in Toronto, Ontario.
Supreme Cannabis’ portfolio additionally includes an equity investment and long-term worldwide distribution partnership with Medigrow. This partnership is for the export of medical-grade cannabis oil. Moreover, Supreme Cannabis has partnered with a number of Canadian cannabis retailers to advance its distribution in the medical cannabis market.
7ACRES is the company’s flagship brand (http://cnw.fm/gI1cc). 7ACRES’ hybrid greenhouse is in Kincardine, Ontario (http://cnw.fm/w17OD). At this facility, indoor-quality buds are produced with sun-grown characteristics. Using the full-spectrum sun, 7ACRES is the largest facility of its kind to grow with advanced HVAC and CO2 enrichment. At present, the capacity at the facility is 13,333 kilograms of dried cannabis per year. Supreme Cannabis plans to boost production by mid-2019 to a rate of 50,000 kilograms annually.
Recently, Supreme Cannabis announced an exclusive consulting agreement with Wiz Khalifa’s Khalifa Kush Enterprises (KKE). This agreement is geared toward developing and launching a line of premium cannabis products under the KKE brand into the emerging Canadian marketplace (http://cnw.fm/88hXu). Supreme Cannabis Company’s consulting services agreement is with Khalifa Kush Enterprises Canada ULC, which is an affiliate of KKE in the U.S.
Wiz Khalifa is a Grammy Award-winning American musician and actor. He has become an icon in the cannabis community through the development of his line of regulated marijuana strains, products and concentrates under the Khalifa Kush brand. He has focused on raising awareness for the cannabis industry. In a news release, Khalifa, principal of KKE, said, “My team and I have spent the past year finding a partner that shares our vision, values, and passion for cannabis. The team at Supreme Cannabis understands the importance of high quality cannabis and how to produce [it at scale].”
Supreme Cannabis will have exclusive rights to the KKE brand within Canada. It will also have exclusive rights to potential expansion into global markets. This will depend on approval from KKE, as well as the legal status of the products in international markets. Supreme Cannabis Company President John Fowler added, “I was impressed by the quality of the ‘Khalifa Kush’ strain and the level of care and involvement Wiz had with developing the strain and working with cultivators to continue to improve quality batch-by-batch. We’re excited to be working with KKE Canada to build out another brand with the same commitment to quality.”
At the center of the cannabis space since 2014, Supreme Cannabis Company’s mission is to grow sustainable cannabis businesses. The company offers investors potential returns from the Canadian market and, in the future, beyond. As it continues to identify opportunities to build groundbreaking cannabis businesses worldwide, Supreme Cannabis is positioned at the forefront of the industry.
For more information, visit the company’s website at www.Supreme.ca
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