Supreme Pharmaceuticals Inc (CVE:FIRE) has finalized a Letter of Intent with the Alliance of Beverage Licensees, the advocacy firm exhibiting BC’s private liquor industry. Jeff Guignard, the Executive Director of ABLE BC, expressed that they are delighted to associate with Supreme Pharmaceuticals as their first licensed supplier and producer for their retail members.
British Columbians have a keen appreciation and awareness for exceptional cannabis. It was vital to select a firm devoted to growing premium cannabis at-scale. They are assured Supreme Pharmaceuticals’ product offerings are what their adult-use customers are seeking for. ABLE BC agrees to offer Supreme with innovative channels of exposure to its over 1,000 members comprising of private liquor stores, bars/nightclubs, hotel liquor licensees and neighborhood pubs.
John Fowler, the CEO of Supreme, expressed that they are thrilled to associate with ABLE BC and start a conversation with their 1,000 members. They feel strongly their concentration on premium dried cannabis flower marks as a differentiating element for Supreme Pharmaceuticals in the adult-use market, especially in BC’s quality-focused customer market.
In unrelated news, Supreme Pharmaceuticals reported that 7ACRES has started production in the newly established flowering rooms recently permitted by Health Canada. In the first week of November, more than 3,000 crops of a specially chosen phenotype of cannabis named “Wappa” were manually transplanted into the initial of three 10,000 square feet flowering rooms.
Wappa was chosen for the inaugural cropping following its favorable early-stage market feedback, terpene content and growth characteristics. The transplanting was done in a single-day procedure, required to warrant the consistency of the end product. Supreme comes in the group of Canadian publicly traded firms committed to becoming a major distributor and cultivator of sun cultivated cannabis via its 100% owned subsidiary unit 7ACRES, which is a federally approved LP of medicinal cannabis.