NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Agreement to Acquire Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B)

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its entry into a definitive arrangement agreement with Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B). Under the agreement, Supreme Cannabis will acquire all of the issued and outstanding common shares of Blissco, not already owned by Supreme Cannabis, by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). The arrangement is an all-stock transaction with a total value of approximately C$48 million. “Blissco has built a distinct and authentic premium wellness brand. Through our strategic partnership and prior investment in the company, we developed a deep understanding of the business and a high level of confidence in the senior management team. This transaction will allow Blissco to focus its business around the production and commercialization of cannabis oils and topicals for the premium wellness consumer,” said Navdeep Dhaliwal, CEO of Supreme Cannabis. “Blissco shares our vision, mission, and values. Through this transaction, we will combine best-in-class processes, commercialization, marketing and brand building expertise, and skilled management, ensuring we continue to achieve our vision to improve global well-being with cannabis.”

To view the full press release, visit http://nnw.fm/kU6Xs

About Supreme Cannabis

The Supreme Cannabis Company is a global diversified portfolio of distinct cannabis companies, products and brands. Since 2014, the company has emerged as one of the world’s fastest-growing, premium plant driven-lifestyle companies by effectively deploying capital, with an emphasis on disciplined growth and high-quality products. Supreme Cannabis’ portfolio includes 7ACRES, its wholly owned subsidiary and multi-award-winning brand; Cambium Plant Sciences, a plant genetics and cultivation IP company; Medigrow Lesotho, a cannabis oil producer located in southern Africa; and a brand partnership and licensing deal with Khalifa Kush Enterprises Canada. For more information, visit the company’s website at www.Supreme.ca.

NOTE TO INVESTORS: The latest news and updates relating to SPRWF are available in the company’s newsroom at http://nnw.fm/SPRWF

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Latest News

Morgan hurts finger, set to be fit for Cricket World Cup

May 27, 2019

SOUTHAMPTON, England — England captain Eoin Morgan is expected to be ready for the start of the Cricket World Cup despite breaking a bone in his left index finger during training on Friday. Morgan was taking part in catching drills during fielding practice ahead of England's warmup match against Australia in Southampton on Saturday when a ball hit him on the finger. The left-handed batsman underwent a precautionary X-ray, which showed that he sustained a "small flake fracture," England said in a statement. "He will not take part in the match (against Australia)," England said, "but is expected to make...

Messi, Aguero and Di Maria in Argentina's Copa America squad

May 27, 2019

BUENOS AIRES, Argentina — Argentina included Lionel Messi, Sergio Aguero and Angel Di Maria in its Copa America squad, while Inter Milan striker Mauro Icardi was left out. Argentina coach Lionel Scaloni announced his list Tuesday, with the attacking trio of Messi, Di Maria and Aguero looking for their first major international title after losing three finals — at the 2014 World Cup and 2015 and 2016 Copa America. Argentina is in Group B with Colombia, Paraguay and Qatar. Its first match will be against Colombia on June 15 in Salvador. ___ Squad: Goalkeepers: Esteban Andrada (Boca Juniors), Franco Armani...

Archer & Dawson in England CWC squad, Willey & Denly out

May 27, 2019

LONDON — Jofra Archer was rewarded for impressing in his early auditions on the international stage by getting a late call-up to England's squad for the Cricket World Cup, as David Willey's worst fears were realized on Tuesday. Archer, an exciting pace bowler capable of deliveries regularly above 90 mph (144 kph), took advantage of a recent change in English cricket's eligibility rules that allows players to be picked after three years of residency instead of the seven. Archer, a 24-year-old from Barbados, wasn't included in an enlarged provisional squad named by England last month but made enough of an...

Man City completes sweep of English trophies with FA Cup win

May 27, 2019

LONDON — Manchester City swept aside Watford to complete the first clean sweep of English men's football trophies. The fourth piece of silverware of the season was sealed by four different scorers in the FA Cup final at Wembley Stadium on Saturday. Raheem Sterling and Gabriel Jesus netted twice and David Silva and Kevin De Bruyne also scored as Watford was humiliated 6-0. Victory for Pep Guardiola's side came a week after the Premier League trophy was retained to join the League Cup and Community Shield already in City's possession. "What a season," City captain Vincent Kompany said. "What a...

England wins series as Roy sets up victory over Pakistan

May 27, 2019

NOTTINGHAM, England — Jason Roy smashed 114 and Ben Stokes finished on 71 not out as England chased down a target of 341 with three deliveries to spare to win the fourth one-day international against Pakistan and clinch the series on Friday. England moved into an unassailable 3-0 lead ahead of the last game of the series on Sunday. Pakistan made 340-7 at Trent Bridge mainly thanks to Babar Azam's 115 off 112 balls. There was a scare for Pakistan ahead of the World Cup when opener Imam-ul-Haq was struck on the elbow by a delivery from paceman Mark Wood...

About Us

Daily Sports Global, your guide to the best sports news on the Internet. Access to the world’s biggest sports events right here even if you’re not physically there.

Contact us: sales[at]dailysportsglobal.com

Subscribe Now!