A 10,000 square foot grow room at Tiverton's 7Acres facility. Photo supplied
The Supreme Cannabis Company, Inc. announced that its wholly owned subsidiary 7Acres has entered into a supply agreement with the Ontario Cannabis Store (OCS) to supply cannabis for online sales. The recreational market is expected to launch on October 17, 2018 and under the agreement, 7Acres will also supply recreational cannabis to Ontario's private retailers when the retail framework is approved and implemented by the Province.
In an August 21 Supreme Cannabis media release, the supply agreement is for a 24-month period with renewal options. Provincial supply agreements have been secured to date with British Columbia, Alberta, and Manitoba and 7Acres products have been listed at the highest brand category.
"With Ontario expected to be the largest recreational cannabis market in the nation, this supply agreement is a major milestone for our company," said John Fowler, CEO of Supreme Cannabis. "We anticipate the full 7Acres lineup will be placed in the premium category by OCS," he said.
With an annual production capacity expected to reach 50,000 kg once the 7Acres facility is fully operational, Supreme Cannabis is committed to supplying premium-quality cannabis flower to the Canadian recreational market from coast-to-coast.
