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Supreme Cannabis to supply dried pot to Tilray
2018-09-10 07:14 ET - News Release
Mr. John Fowler reports
SUPREME CANNABIS SIGNS CANNABIS SUPPLY AGREEMENT WITH TILRAY
The Supreme Cannabis Company Inc.'s wholly owned subsidiary, 7Acres, has entered into a supply agreement to provide dried cannabis to Tilray Canada Ltd., a subsidiary of Tilray Inc., a global leader in cannabis research, cultivation, processing and distribution currently serving tens of thousands of patients in 11 countries spanning five continents.
The value of this initial supply agreement is estimated to be in excess of $2-million. Dried cannabis provided to Tilray by 7Acres will be used primarily to support medical cannabis patients in Canada, including Tilray's robust patient population.
"We are pleased to enter into this agreement with Tilray. As one of Canada's first licensed producers, Tilray has been an industry leader in patient services and quality assurance. We believe this agreement demonstrates the quality of the 7Acres dried flower, and the infrastructure, management and systems that support our brand positioning," said John Fowler, chief executive officer of Supreme Cannabis.
About The Supreme Cannabis Company Inc.
The Supreme Cannabis Company is a Canadian publicly traded company committed to providing premium brands and products that proudly reflect its consumers, people and uniquely innovative culture. The company's portfolio includes its wholly owned subsidiary and flagship brand 7Acres.
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