Supreme Cannabis joins “Big Six” club; New supply agreements & exclusive “premium” listing.

The only major cannabis producer exclusively listing as a premium offering, Ontario-based Supreme Cannabis now holds agreements with six Canadian provinces to supply cannabis when the recreational cannabis  law comes into effect on October 17, 2018.

The company today announced new supply agreements with Nova Scotia and PEI. The Maritime provinces become the company’s’ fifth and sixth to sign cannabis-supply agreements, alongside Ontario, British Columbia, Alberta and Manitoba.

Supreme Cannabis CEO John Fowler said the company’s premium-quality cannabis flower is “what we believe to be the highest-quality cannabis being grown at scale in Canada.”

Supreme Cannabis join Canopy Growth, Aphria, Aurora,  Tilray and Organigram as companies that have secured supply agreements with five or more provinces.

The company’s annual production capacity is expected to reach 50,000 kg once the 7ACRES facility is fully operational.

Supreme Cannabis’ portfolio includes its wholly-owned subsidiary and flagship brand 7ACRES, which is a federally licensed producer of medical cannabis operating inside a 342,000-square-foot facility in Kincardine, Ontario.

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.

 

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