Premium cannabis producer 7ACRES, a wholly-owned subsidiary and flagship brand of The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1), now wears the mantle of ‘Brand of the Year’ after being recognized on December 3 at the 2018 Canadian Cannabis Awards presented by Lift & Co. (TSX.V: LIFT) in Toronto, Canada. 7ACRES was selected for the honor by a panel of industry professionals across a variety of sectors in the cannabis space, a news release states (http://cnw.fm/bpI37).
“We are extremely honored to have been recognized as Brand of the Year by the Canadian Cannabis Awards. The Team at 7ACRES works incredibly hard and are very proud of the products and the culture we have cultivated since day one,” John Fowler, president and founder of Supreme Cannabis, said in the release. “Since our founding, our organization has been dedicated to ensuring the highest quality product and innovation, developing an industry-leading team, and incredible corporate culture.”
The 2018 Canadian Cannabis Awards (“CCAs”), a black-tie gala attended by nearly 600 industry leaders, celebrated excellence in Canada’s burgeoning world-class cannabis industry. It was also heralded as the world’s first award program dedicated to a federally regulated recreational cannabis market. 7ACRES received top honors with ‘Brand of the Year’, as determined by a committee of qualified judges, the CCAs stated in a separate release (http://cnw.fm/m3VsY).
“The most powerful brands seem to spring into public consciousness, capturing hearts and minds as if they’ve always existed,” explains the descriptor for ‘Brand of the Year’ on the CCAs website. “This award recognizes the enormous effort behind such apparent effortlessness, awarding brand strategy, culture, image, and impact. This award recipient is voted on by the judging committee. Nominations for this award are open to industry professionals only.”
The 7ACRES cultivation facility, one of the first 40 federally licensed cannabis producers in Canada, is focused on building a core competency in scaled cannabis production, which will give 7ACRES the needed flexibility to maintain leadership in the industry as the Canadian market grows and matures. 7ACRES operates from a 342,000-square-foot cultivation facility in Kincardine, Ontario, and has been federally licensed since 2016. Current capacity is 13,333 kilograms of dried cannabis annually, with plans to ramp up production by mid-2019 to a rate of 50,000 kilograms per year.
Supreme identifies the quality of the 7ACRES product as the company’s primary strength and says a shared “passion for the plant” is the driver of company culture. Six Canadian provinces have signed supply agreements with Supreme, a fact that the company credits to the high quality of 7ACRES cannabis (http://cnw.fm/F0gju). The 7ACRES brand is already listed as premium cannabis product in all provinces that disclose their cannabis listing categories, and 7ACRES, on average, wholesales for up to one-third higher in price than other brands in the Canadian cannabis market.
For more information, visit the company’s website at www.Supreme.ca
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