Supreme Cannabis

Overview

Supreme Cannabis is a Canadian company focused on the emerging legal cannabis industry. Supreme’s first investment in the cannabis sector was the Canadian licensed producer 7ACRES, one of the first 40 federally legal licensed producers in Canada. Supreme invested in 7ACRES due to its clear focus on building a core competency in scaled cannabis production, giving 7ACRES flexibility to maintain a leadership position in the industry as the Canadian market grows and matures. Supreme will continue to seek out new opportunities in the sector to develop core competencies to grow our portfolio of companies and expand our ability to generate sustainable growth.

Highlights


Highlights of their most recent developments are:

  • Supreme believes high-quality cannabis is an essential product for the success of the legal recreational cannabis market and is necessary to combat competition from the illicit market and low- cost producers.
  • By focusing on the premium product segment, cultivation at scale allows for the establishment of a valued brand, revenue growth, and development of intellectual property and proprietary value with respect to strictly regulated cannabis production.
  • Prior to October 17, 2018, Supreme’s cannabis sales were restricted to the medical cannabis market. These sales were completed via B2B transactions with legal and licensed Canadian retailers.This allowed 7ACRES to grow its revenue through high-value bulk sales while maintaining focus on cultivation, without the expense of patient acquisition and retention, or retail order fulfillment and logistics.
  • Following the launch of the legal adult-use recreational market on October 17, 2018, sales are transacted with provincial distributors and retailers, and approved private retailers across the country. Supreme’s focus on premium quality cannabis flower cultivation and brand positioning has resulted in 7ACRES signing six provincial supply agreements with exclusive placement in the premium-priced market segment.
  • On September 26, 2018, Supreme, through 7ACRES, entered into a supply agreement to provide dried cannabis to Tilray Canada Ltd), a global leader in cannabis research, cultivation, processing and distribution currently serving tens of thousands of patients in 12 countries spanning 5 continents.

Last updated: January, 2019

Corporate Information


Executive Team

  • Navdeep Dhalilwal
  • CEO
  • Machael La Brier
  • Chairman
  • John Fowler
  • President


Why We Love it


We love them because they’re your favourite LP’s LP. They do one thing and they do it well: grow great weed.

Supreme has identified a niche market within the cannabis industry and has chosen to positioned itself as a leading brand of premium cannabis flowers.

With a business-to-business sales model, Supreme has been able to grow revenue through high-value bulk sales.

Contact Information


Supreme Cannabis
178R Ossington Avenue
Toronto, ON M6J 2Z7
T: 416-630-7272
ir@supreme.ca