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Supreme Cannabis Company Inc (TSE:FIRE) 50 Percent Revenue Increase QOQ
Supreme Cannabis Company Inc (TSE:FIRE) (OTCMKTS:SPRWF) (FRA:53S1) CEO Navdeep Dhaliwal updates viewers on the company’s international operations and its performance in the Canadian recreational market. Supreme Cannabis is pleased with its investment in a Lesotho-based producer of medical cannabis oils and is looking to open export channels for that product. Dhaliwal emphasizes that the company has established itself as a premium cultivator and is pleased with the performance of its premium brand, 7Acres. The company’s Q2 2019 financials were impressive and included a 359 percent increase in revenue YOY and a 50 percent increase in revenue QOQ. Dhaliwal notes that in terms of run rate, Supreme Cannabis is 8th in the country, despite the company’s relative youth when compared to its competitors.