The Supreme Cannabis Company Inc. (TSX: FIRE) (OTC: SPRWF) (FRA: 53S1) Continued Fiery Run Rate in Latest Fiscal Quarter

February 14, 2019 13:21:12
  • Company announced 359 percent revenue increase for Q2 2019
  • Supreme has expanded domestic distribution to eight Canadian provinces
  • Company simplified trading in the U.S. with DTC eligibility

Now that The Supreme Cannabis Company Inc. (TSX: FIRE) (OTC: SPRWF) (FRA: 53S1) has released the results of its operations for the three months ended December 31, 2018 (Q2 2019), it’s apparent that there’s more than meets the eye with ticker symbol ‘FIRE’. 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 ( 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 multi-award winning brand, was named…

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