The Supreme Cannabis Company - Stock (TSXV: FIRE) (OTC: SPRWF) - Investor Dashboard


Supreme Cannabis Co.
TSXV Ticker: FIRE
OTC Ticker: SPRWF
Sector: Healthcare
Industry: Legal Cannabis
Country: Canada
Employees:  150
Established: 2014
CEO: John Fowler

Summary

Fiscal Year-End: June
License Renewal Month: March 2019
Licenses: 1
Licensed Capacity:  40K sq. ft.
Number of Patients: 0
Headquarters: Toronto, ON

Financials (12/31/17)

Cash on hand: $77.6mm
Fixed Investment: $53.9mm
Shareholders’ Equity: $91.1mm
Revenues – Last Quarter: $1.7mm
Adj. Gross Margin : 7.9%
EPS : -0.01

Capital Structure (02/27/18)

Last Financing: 40.25mm Converts at 1.60
Basic Shares: 250.7mm
Warrants: 68.0mm
Options: 17.0mm
Diluted Shares: 360.1mm

Company Brief

The Supreme Cannabis Company’s first investment and now wholly owned operating subsidiary in the cannabis sector is the Canadian licensed producer 7ACRES, one of the first 40 federally legal licensed producers in Canada. 7ACRES is the only licensed producer focused on cultivating craft quality cannabis at commercial scale, its one-of-a-kind hybrid greenhouse is proudly rooted in Kincardine, Ontario.

Inside the 340,000-square foot facility, 7ACRES grow consistently high-quality plants by combining the best practices in indoor cannabis cultivation with the power of the sun. The result is indoor-quality buds with sun-grown characteristics. 7ACRES is the largest facility of its kind to grow with advanced HVAC and C02 enrichment using the full-spectrum sun, rather than the limited-spectrum lamps used by many ‘hybrid’ growers. This advantage has allowed Supreme to emerge as leaders in growing a craft quality product at consumer scale.

Featured Video

Midas Letter visits Supreme Cannabis (TSX.V:FIRE) CEO John Fowler at the company’s 7Acres Facility in Kincardine, Ontario, where the company was getting ready to harvest a crop of Wappa 21.


Highlights

  • Exclusive focus on branded wholesale market
  • Hybrid greenhouse facility ramping to 50 million grams of production capacity
  • California-style production planned from indoor grow at Lot 16

Growth Strategy

  • Continued expansion at hybrid greenhouse facility in Kincardine
  • Development of indoor cultivation at Lot 16 to produce 10 million grams
  • International expansion
  • Addition of oil production capabilities

Differentiators

  • High-end focus with 7Acres branded premium dried flower
  • Serving business to business sales exclusively
  • Scalable expansion within hybrid greenhouse

Institutional Analyst Coverage

Daniel Pearlstein
Eight Capital

Vahan Ajamian
Beacon Securities

Neil Maruoka
Canaccord Genuity

Kyle McPhee
Cormark Securities

Jason Zandberg
PI Financial

Martin Landry
GMP Securities


The Supreme Team


Curated Stories & News


Visit Supreme Cannabis Co.
at www.supreme.ca.

New Cannabis Ventures in partnership with due diligence platform 420Investor, is the definitive source for fact-based, data-driven, financial information and relevant company news for qualified publicly traded cannabis companies. NCV extracts and parses only the most important content. Information is provided “as is” and solely for informational purposes, not for trading or advice. Supreme Pharmaceuticals, Inc. is a client of NCV Media, LLC. Read our full disclaimer.