NetworkNewsBreaks – The Supreme Cannabis Company
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Posted On: 06/18/2019 3:26:19 PM
NetworkNewsBreaks – The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Welcomes Health Canada’s Final Regulations, Reiterates Expanded Product Strategy
The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today welcomed Health Canada’s final regulations for new cannabis products and reiterated its expanded product strategy. Per the update, Health Canada, on June 14, released amended cannabis regulations to license holders to permit the legal production and sale of three additional types of cannabis products, including cannabis edibles, extracts and topicals. The regulations support Supreme Cannabis’ expanded product strategy, as the company, under its brands, intends to create high-quality cannabis extracts, including vaping liquids, concentrates, oils and tinctures. “As we prepare to bring new products to market, we are pleased to see regulations that prioritize consumer safety and align with our focused and forward-looking approach,” Supreme Cannabis CEO Navdeep Dhaliwal said in the news release. “Over the last year, we have made diligent investments to prepare for the cannabis extracts market, which in some legal U.S. states, represents upwards of 35% of industry sales. Supreme Cannabis has positioned brands, secured partnerships and developed inputs to address this meaningful segment of the market and introduce high-quality cannabis products as early as possible.”
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: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today welcomed Health Canada’s final regulations for new cannabis products and reiterated its expanded product strategy. Per the update, Health Canada, on June 14, released amended cannabis regulations to license holders to permit the legal production and sale of three additional types of cannabis products, including cannabis edibles, extracts and topicals. The regulations support Supreme Cannabis’ expanded product strategy, as the company, under its brands, intends to create high-quality cannabis extracts, including vaping liquids, concentrates, oils and tinctures. “As we prepare to bring new products to market, we are pleased to see regulations that prioritize consumer safety and align with our focused and forward-looking approach,” Supreme Cannabis CEO Navdeep Dhaliwal said in the news release. “Over the last year, we have made diligent investments to prepare for the cannabis extracts market, which in some legal U.S. states, represents upwards of 35% of industry sales. Supreme Cannabis has positioned brands, secured partnerships and developed inputs to address this meaningful segment of the market and introduce high-quality cannabis products as early as possible.”
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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