StockTips Newsletter

Pick of The Week

The Supreme Cannabis Company Inc.
(TSX: FIRE) (OTCQX: SPRWF)

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) is committed to providing premium brands and products that reflect the company’s knowledgeable customers, passionate employees and culture of innovation. The company aims to grow the world’s best legal cannabis and become a leader in the global industry. Supreme Cannabis calls its Toronto Venture Exchange stock symbol, “FIRE,” a testament to the company’s passion for cannabis and obsession with quality.

Investment Considerations:

  • Focused infrastructure: Canada’s only licensed cannabis producer growing premium cannabis at scale. Focused operating assets serving key functions across the value chain. These facilities are either complete, nearing completion or require minimal capital expenditure.
  • Leading brands: The company’s 7ACRES brand is a leading premium recreational brand, winning brand of the year two years in a row. On top of 7ACRES, the company has built a diverse portfolio of consumer-driven brands that deliver high quality products for targeted consumer experiences.
  • Ability to execute: In September 2019, Supreme Cannabis announced a record fiscal year; FY 2019 total revenue reached $41.8 million, a 370% increase over FY 2018. Early in fiscal 2020, Supreme Cannabis executed on one of its key objectives, securing a debt facility with a tier one bank. With this additional financial flexibility, investors can be confident in both Supreme Cannabis’ strategy and its ability to execute.
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