Supreme Pharmaceuticals cultivates sun grown cannabis through its wholly-owned subsidiary, 7ACRES.
Supreme’s mission is to turn our passion for the plant into thriving businesses in the cannabis sector, where we’re already proficient at cultivating high-quality cannabis at scale. Our long-term growth is guided by a clear vision: to lead our industry, to innovate, and to keep pushing cannabis forward.
Canada leads the global trend to legalize and regulate medical and recreational cannabis. This gives us a rare opportunity to capture and build global market share. It’s like the opportunity seized by the first US brewers at the end of a 13-year prohibition, only cannabis has been globally prohibited for nearly a century.
In 2017, the Canadian government introduced the Cannabis Act to legalize recreational cannabis. Expected to be in effect by July 2018, this Act will make Canada the first G7 nation to legalize cannabis for recreational use. This is in addition to Canada’s Access to Cannabis for Medical Purposes Regulations, which created world-leading benchmarks for commercial production of medical cannabis. There’s very little infrastructure or experience outside of Canada, creating a huge opportunity for Supreme to leverage our competitive advantage.
Today, Canada is one of the only countries where licensed cannabis production is 100% legal and federally regulated. It is a multi-billion dollar industry in Canada alone, with only a tiny portion served by legal companies. As legal cannabis continues to take hold at home and abroad, Supreme will be there.
We believe the world is ready to end a century of cannabis prohibition – a global movement rooted in Canada. Supreme has been at the centre of the cannabis space since 2014 in pursuit of this massive opportunity. Supreme trades as FIRE (TSX.V:FIRE) on the Toronto Venture Exchange. FIRE is a testament to our passion for cannabis, our obsession with quality, and our mission to light up the cannabis sector. We established 7ACRES as the first licensed producer focused on growing high-quality cannabis in high quantities. Today 7ACRES is en route to becoming Canada’s leading cultivator of consistently great commercial cannabis. As legalization grows beyond our borders, we will continue to identify new opportunities to build innovative cannabis businesses across the globe.
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