Supreme Cannabis Announces Q1 2020 Financial Results and $90 million Credit Facility led by Bank of Montreal
(WorldNews Canada)

Supreme Cannabis achieves 122% year-over-year net revenue growth, Q1 2020 gross margin of 62%, and reports Adjusted EBITDA of $(4.9 million) Secures $90 million in corporate credit facilities with Bank of Montreal as Lead Arranger and Agent 7ACRES wins `Brand of the Year` at the Canadian Cannabis Awards Confirms forecasted net revenue for fiscal 2020 of between $150 million and $180 million, and positive Adjusted EBITDA for fiscal 2020 TORONTO, November 14, 2019 - The Supreme Cannabis Company, Inc. (`Supreme Cannabis` or the `Company`) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced the release of its financial and operating results for the first quarter ended September 30, 2019. The...