NetworkNewsBreaks – Supreme Cannabis Company Inc
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Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently released financial and operational results for the three months ending December 31, 2018. An article discussing the company’s Q2 2019 results reads, “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 (http://nnw.fm/9Dn7s). 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 multiaward-winning brand, was named ‘Brand of the Year’ at the 2018 Canadian Cannabis Awards.”
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