NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Acquisition of Bayfield Strategy
Nov 13, 2018
Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its entry into a definitive agreement for the acquisition of Bayfield Strategy, Inc. (“Bayfield”), a leading communications and stakeholder relations firm. Bayfield CEO, Founder and Shareholder Riyaz Lalani will be appointed to the position of chief corporate officer (“CCO”) of Supreme, where he will be responsible for guiding the company through its next stage of growth as a leading premium cannabis producer. Per the update, Bayfield employees will enter into employment agreements with Supreme Cannabis, assuming a variety of roles throughout corporate operations and stakeholder relations.
“I am excited to welcome the Bayfield team to Supreme Cannabis. We have worked closely with Bayfield and have come to trust their advice, work ethic, and values,” Supreme Cannabis CEO Navdeep Dhaliwal stated in the news release. “As we enter an exciting growth stage for the Company and the global cannabis industry, we will benefit from the infusion of skills and experience brought by the Bayfield team. Supreme’s acquisition of Bayfield and our retention of Riyaz Lalani as our new CCO, will support our growth efforts for Supreme’s businesses in Canada and internationally.”
To view the full press release, visit http://nnw.fm/l6rBH
About Supreme Cannabis
The Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is a Canadian publicly traded company committed to providing premium brands and products that proudly reflect its consumers, people and uniquely innovative culture. The company’s portfolio includes its wholly-owned subsidiary and flagship brand 7ACRES. 7ACRES is a federally licensed producer of cannabis operating inside a 342,000-square-foot facility in Kincardine, Ontario. 7ACRES is dedicated to providing consumers with a premium-quality product that recognizes its customers are informed, discerning and value a brand and culture that aligns with their principles. 7ACRES brand success has been reflected in provincial supply agreements, where 7ACRES’ product is consistently listed in the highest brand category available to recreational 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. The Supreme Cannabis Company has consistently set the standard for innovation in the sector, including the design of growing facilities and development of operational excellence metrics. The company is confident that together with its flagship brand, proprietary technology and products, truly unique culture, and industry-leading team, it will deliver shareholders consistent long-term value creation. For more information, visit the company’s website at www.Supreme.ca
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