The Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently provided an update regarding 7ACRES construction, reporting that 19 flowering rooms have been completed. The six remaining flowering rooms are expected to be ready by March 2019. An article discussing the company reads, “Under the updated timeline provided by Supreme Cannabis, three additional flowering rooms will become operational in January, and following completion of all 25 flowering rooms in March, the primary office and administrative areas will be finalized by the end of the first half of 2019. . . . The estimated annual output of Supreme Cannabis Company’s flagship brand and wholly owned subsidiary 7ACRES is on pace to reach 50,000 kilograms by mid-2019. The addition of the greenhouse flowering rooms will increase the total size of the facility to 440,000 square feet.”
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About the Supreme Cannabis Company Inc.
The Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 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 flagship brand 7ACRES. 7ACRES is a federally licensed producer of cannabis operating inside a 342,000-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 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 has been a leading innovator in the sector including the design of growing facilities and development of operational excellence metrics. The company is confident that together with its flagship brand, proprietary technology and products, truly unique culture and industry-leading team, it will deliver to shareholders a consistent long-term value creation. For more information, visit the company’s website at www.Supreme.ca.
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