CANNABIS SPAWNS A NEW CANADIAN INDUSTRY IN MY BACK YARD ...(LITERALLY SPEAKING)

While I do not partake and do not intend to any time soon, the world is changing its view on cannabis, and a rapidly-growing operation in nearby Tiverton is lighting the way. Supreme Cannabis Company sits at the centre of this shift, with a mission to grow sustainable cannabis businesses. I find the development of this new industry not only interesting but indicative of changing times in the 21st Century.

The Supreme Cannabis Company  has announced that its wholly owned subsidiary, 7ACRES, has entered into a supply agreement with the New Brunswick Liquor Corporation to supply recreational cannabis to its retail stores and has been registered as a supplier in the province of Saskatchewan. The two provinces become 7ACRES’ seventh and eighth provincial partners alongside British Columbia, Alberta, Manitoba, Ontario, Nova Scotia and PEI.

“We’re excited to announce that 7ACRES-branded products will be available for adult-use in eight Canadian provinces coast-to-coast,” said Navdeep Dhaliwal, CEO of Supreme Cannabis. “In a short amount of time, 7ACRES has won multiple awards and received overwhelmingly enthusiastic consumer feedback. Our company has made it a priority to expand 7ACRES’ domestic distribution so that more Canadians will be able to experience our High-End CannabisTM products.”

In addition, the company recently received approval from the Depository Trust Company (DTC) of New York to make the Company’s shares DTC eligible.

DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be “DTC eligible”. This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for certain investors.

“DTC eligibility greatly simplifies the process of trading our common stock in the United States, further improving our investment appeal south of the border,” said Dhaliwal.

The Supreme Cannabis Company is a Canadian publicly traded company that includes its wholly-owned subsidiary 7ACRES, operating from a 440,000-square-foot facility in the Municipality of Kincardine, adjacent to the Bruce Power complex on the shores of Lake Huron.

7ACRES’ brand success has been reflected in its multiple award wins, including the “Brand of the Year” award at the 2018 Canadian Cannabis Awards, and in provincial supply agreements where 7ACRES’ product is consistently listed in the highest brand category available to recreational and medicinal consumers.

The Company’s growing portfolio also includes an equity investment and long-term global distribution partnership with Lesotho-based Medigrow for the exporting of medical-grade cannabis oil that is proving to be beneficial for individuals suffering from a variety of afflictions.

It all boggles the mind of a child of the 1940's who never so much as smoked tobacco.