The Supreme Cannabis Company, Inc. (OTCQX: SPRWF) announced on September 10th the company’s subsidiary, 7ACRES, has agreed to a supply agreement with Tilray Canada Ltd. (NASDAQ: TLRY). Current estimates of the agreement place the value of the cannabis supply to Tilray at over C$2 million.
The dried cannabis that is supplied from 7ACRES to Tilray will be utilized as medical cannabis for Tilray’s Canadian patients.