- Supreme Cannabis completes first shipments of 7ACRES branded
flower.
- 7ACRES will initially be available in adult-use markets in
British Columbia, Alberta, Manitoba, Ontario, Nova
Scotia and PEI.
TORONTO, Oct. 26, 2018 /CNW/ - The Supreme Cannabis
Company, Inc. ("Supreme Cannabis" or the "Company") (TSXV: FIRE)
(OTCQX: SPRWF) (FRA: 53S1), is pleased to announce that 7ACRES
branded High-End Cannabis™ is available exclusively through
Canada's provincially regulated
adult-use channels. More information about 7ACRES and its
products can be found at 7ACRES.com.
7ACRES' Jean Guy strain is now
available online in British
Columbia, and the Company expects that Jean Guy will be online in Alberta, Ontario, Nova
Scotia and Prince Edward Island next week, and in
Manitoba in early November. The
balance of 7ACRES' full product lineup will be available shortly
thereafter online and in brick-and-mortar stores.
"In 2013 we started our journey to develop 7ACRES into
Canada's leading brand for premium
cannabis flower, delivering on consumer expectations for aroma,
visual appeal and flavour," said John
Fowler, President of Supreme Cannabis & Founder of
7ACRES. "We're now excited to make 7ACRES available to adult
cannabis enthusiasts and consumers looking for a superior sensory
experience when consuming cannabis. Our mantra at 7ACRES is
'RESPECT THE PLANT'. We believe that by respecting the plant,
the people who care for it and the people who ultimately consume
it, we have built a culture of continual improvement where
consumers can expect that each flower experience is better than the
last."
"7ACRES flower is focused on pleasing three primary senses:
aroma, visual appeal and flavour. Through an intensive phenotype
selection-process, we selected our four core strains to maximize
the objective and subjective quality across these three categories.
Each strain provides a unique aromatic bouquet and visual
presentation focused on pleasing the discerning palate of the
cannabis enthusiast," said Omer
Azeez, VP Marketing at Supreme Cannabis. "With
coast-to-coast distribution, 7ACRES' High-End Cannabis™ is now a
well-known brand of premium flower. As the consumer market
continues to mature, we look forward to becoming an integral part
of Canada's social rituals for
authentic cannabis consumption."
About Supreme Cannabis
The Supreme Cannabis Company (TSXV: 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, 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 consistently set the standard
for innovation in the sector, including the design of growing
facilities and development of operational excellence metrics. We
are confident that together with our flagship brand, proprietary
technology and products, truly unique culture, and industry-leading
team, we will deliver our shareholders consistent long-term value
creation.
Stay Connected
For more information, please visit The Supreme Cannabis Company
and 7ACRES websites.
Follow us on Twitter, Facebook, or Instagram.
Forward-Looking Information
Certain statements made in this press release may constitute
forward-looking information under applicable securities laws. These
statements may relate to anticipated events or results and include,
but are not limited to, the expected online availability of 7ACRES'
Jean-Guy strain and the subsequent availability of 7ACRES's full
product lineup, the quality of our products and other statements
that are not historical facts. Particularly, information regarding
our expectations of future results, targets, performance
achievements, prospects or opportunities is forward-looking
information. Often, but not always, forward-looking statements can
be identified by the use of forward-looking terminology such as
"may" "will", "expect", "believe", "estimate", "plan", "could",
"should", "would", "outlook", "forecast", "anticipate", "foresee",
"continue" or the negative of these terms or variations of them or
similar terminology. Forward-looking statements are current as of
the date they are made and are based on applicable estimates and
assumptions made by us at the relevant time in light of our
experience and perception of historical trends, current conditions
and expected future developments, as well as other factors that we
believe are appropriate and reasonable in the circumstances.
However, we do not undertake to update any such forward-looking
information whether as a result of new information, future events
or otherwise, except as required under applicable securities laws
in Canada. There can be no
assurance that such estimates and assumptions will prove to be
correct. Many factors could cause our actual results, level
of activity, performance or achievements or future events or
developments to differ materially from those expressed or implied
by the forward-looking statements, including, without limitation,
the factors discussed in the "Risk Factors" section of the
Company's Annual Information Form dated October 2, 2018 ("AIF"). A copy of the AIF and
the Company's other publicly filed documents can be accessed under
the Company's profile on the System for Electronic Document
Analysis and Retrieval ("SEDAR") at www.sedar.com. The Company
cautions that the list of risk factors and uncertainties described
in the AIF is not exhaustive and other factors could also adversely
affect its results. Readers are urged to consider the risks,
uncertainties and assumptions carefully in evaluating the
forward-looking information and are cautioned not to place undue
reliance on such information.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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SOURCE The Supreme Cannabis Company, Inc.