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Posted On: 01/28/2019 3:26:57 PM
Post# of 316
NetworkNewsBreaks – The Supreme Cannabis Company Inc.’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Receives Health Canada Approval to Increase Production Capacity
The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced that 7CRES, its wholly owned subsidiary, has received Health Canada approval to begin cultivating approximately 30,000 square feet of additional flowering rooms at its Kincardine, Ontario facility. According to the update, this raises the total flowering room space to 120,000 square feet (from 90,000 square feet) and increases 7ACRES’ annual production capacity estimate to 17,500kg (from approximately 13,300kg). The facility’s potential capacity is expected to reach approximately 50,000kg per year due to increased production efficiencies and the completion and licensing of all 25 flowering rooms. In addition, 7ACRES also received licensing approval for production space designated for plant micropropagation, and Supreme Cannabis will begin cannabis micropropagation services at the facility to bring additional agricultural sciences to its high-quality cannabis production. “Scaling our 7ACRES facility is a top priority and today’s announcement is another significant step forward towards completing that goal,” Supreme Cannabis President and Founder John Fowler said in the news release. “7ACRES-branded dried flower has received enthusiastic reviews from consumers across Canada. With this additional production capacity, we’ll be able to better satisfy the demand from cannabis enthusiasts coast-to-coast.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced that 7CRES, its wholly owned subsidiary, has received Health Canada approval to begin cultivating approximately 30,000 square feet of additional flowering rooms at its Kincardine, Ontario facility. According to the update, this raises the total flowering room space to 120,000 square feet (from 90,000 square feet) and increases 7ACRES’ annual production capacity estimate to 17,500kg (from approximately 13,300kg). The facility’s potential capacity is expected to reach approximately 50,000kg per year due to increased production efficiencies and the completion and licensing of all 25 flowering rooms. In addition, 7ACRES also received licensing approval for production space designated for plant micropropagation, and Supreme Cannabis will begin cannabis micropropagation services at the facility to bring additional agricultural sciences to its high-quality cannabis production. “Scaling our 7ACRES facility is a top priority and today’s announcement is another significant step forward towards completing that goal,” Supreme Cannabis President and Founder John Fowler said in the news release. “7ACRES-branded dried flower has received enthusiastic reviews from consumers across Canada. With this additional production capacity, we’ll be able to better satisfy the demand from cannabis enthusiasts coast-to-coast.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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