Achieves first positive Adjusted EBITDA1 quarter of $3.2 million.
Q4 2019 net revenue was $19 million, a 90% increase from Q3 2019 ($10 million).
Fiscal 2019 total revenue was $41.8 million, a 370% increase from fiscal … Read
7ACRES launches new proprietary premium strain, Jack Haze.
Jack Haze is 7ACRES’ first sativa-dominant strain with rare sensory characteristics.
7ACRES continues to achieve premium pricing with the launch of Jack Haze.
TORONTO, Aug. 13, 2019 /CNW/ – The Supreme Cannabis Company, Inc.(“Supreme Cannabis” or the “Company”) (TSX:FIRE) (OTCQX:SPRWF) (FRA:53S1) is pleased to announce the closing of its acquisition of all of the issued and outstanding shares …
Anticipates net revenue of approximately $19 million and positive Adjusted EBITDA1 for Q4 2019.
Forecasts net revenue for fiscal 2020 to be between $150 million and $180 million, and positive Adjusted EBITDA1for fiscal 2020.
The Company … Read
Truverra’s Health Canada licensed facility in Toronto, ON to produce cannabis derivative products for Legalization 2.0.
Truverra to serve as Supreme Cannabis’ global medical brand, building on existing R&D platform and established CBD offering in Europe. … Read
Supreme Cannabis becomes one of only four initial supply partners for the PAX Era.
7ACRES-branded vaporizer oil will be sold exclusively in Era-compatible pods.
The partnership will accelerate Supreme Cannabis’ growth into the anticipated vaporizer market. … Read
Proprietary oil formulation expected to be introduced in April 2019 for select markets with roll out to additional provinces expected by the end of June 2019.
The oil products will be produced using High-End CannabisTM grown … Read
Licensed space at 7ACRES increases to 180,000 sqft.
Target annual production capacity is estimated to increase by 50% to approximately 26,250kg.
Supreme Cannabis expects to submit additional rooms for Health Canada approval in the near term. … Read
The latest development amid marijuana’s growing acceptance as a mainstream market is taking it into the upper echelons of society. With the recent opening of a luxury cannabis lifestyle and wellness shop in Beverly Hills …