Supreme Archives

Debra BorchardtSeptember 18, 2019

The Supreme Cannabis Company, Inc. (FIRE.TO) (SPRWF) reported net revenue of $19 million for the fourth quarter ending June 30, 2019, a 90% increase sequentially. The net loss for the quarter was $421,000. Supreme Cannabis’ core recreational flower brand, 7ACRES, accounted for the company’s marked increase in revenue, growing 443% year-over-year from $3.5 million in Q4 2018 to $19 […]

StaffAugust 13, 2019

The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) announced it expects revenue to increase 449% to $19 million for the fiscal fourth quarter ending June 30, 2019. The revenue is expected to increase by 97% sequentially over the third quarter of 2019. The company said it also anticipates reporting positive adjusted EBITDA on a […]

StaffFebruary 12, 2019

The Supreme Cannabis Company, Inc. (OTCQX: SPRWF) reported a 359% increase in revenue to $7.72 million for the second quarter ending December 31, 2018. This was a 50% sequential increase over the first quarter revenue of $5.14 million. The company trimmed its losses by delivering a net loss for the quarter of $1.55 million versus […]

StaffFebruary 4, 2019

It’s time for your Daily Hit of cannabis financial news for February 4, 2019. On The Site Namaste Tech Namaste Technologies Inc. (NXTTF) has fired CEO Sean Dollinger and could be reviewing selling the company. The Canadian-based cannabis company said that following an investigation by a Special Committee of the Board of Directors, the Board terminated Dollinger for […]

StaffJanuary 31, 2019

It’s time for your Daily Hit of cannabis financial news for January 31, 2019. On The Site Organigram Holdings Inc. (OTCQX: OGRMF) has surpassed making one million cannabis pre-rolls since the legalization of adult use recreational cannabis in October 2018. The company said that it credits the automation of its processes along with surging consumer demand for the success of its […]

William SumnerSeptember 27, 2018

It’s time for your Daily Hit for cannabis financial news for September 27, 2018: On the Site GW Pharmaceuticals The Acting Administrator of the Drug Enforcement Administration has placed FDA-approved drugs that contain CBD derived from cannabis and no more than 0.1 percent tetrahydrocannabinols (THC) in schedule V. GW Pharmaceutical’s (GWPH) Epidiolex had been a schedule […]

Debra BorchardtJuly 5, 2018

Several cannabis companies announced signing agreements with the Alberta Gaming, Liquor & Cannabis Commission (AGLC) to supply recreational cannabis to Alberta’s private cannabis retailers and the AGLC’s online cannabis store, www.albertacannabis.org. Alberta is Canada’s fourth most populated province and is mostly known as being the home to tourist destinations like Banff Park and Lake Louise. Its capital […]

Debra BorchardtMarch 20, 2018

Here are the cannabis news briefs for March 20, 2018: Arena Pharmaceuticals Inc. Arena Pharmaceuticals (ARNA) reported positive results from a phase 2 trial of its treatment for ulcerative colitis. After the market closed on Monday the company released a statement saying that a higher dose of its experimental drug etrasimod succeeded in improving symptoms […]

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

In other news

The Daily Hit: January 4, 2024

Connecticut Attorney General Tells Unlicensed Cannabis Events Company to Stop

Testing Concerns Lead to Quarantine for 70% of Mississippi MMJ Goods

Tag: Supreme

Supreme Cannabis Reports 90% Increase in Revenue

Supreme Delivers Solid Fourth Quarter Earnings News

Supreme Cannabis Reports 359% Increase In Revenue For Q2

The Daily Hit: February 4, 2019

The Daily Hit: January 31, 2019

The Daily Hit: September 27, 2018

Alberta Canada Signs Up Cannabis Suppliers

The Daily Hit: Today’s Cannabis Briefs

The Daily Hit - TEST TEST TEST

Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

Get the latest cannabis news delivered right to your inbox

Get the latest cannabis news delivered right to your inbox