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Supreme Cannabis Provides Guidance for Positive Fourth Quarter 2019 and Fiscal 2020
- Anticipates net revenue of approximately $19 million and positive Adjusted EBITDA¹ for Q4 2019.
- Forecasts net revenue for fiscal 2020 to be between $150 million and $180 million, and positive Adjusted EBITDA¹ for fiscal 2020.
- The Company will not pursue potential share consolidation approved at 2018 annual general meeting.
TORONTO, Aug. 13, 2019 /PRNewswire/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced its expected revenue for the fiscal fourth quarter ended June 30, 2019 and provided guidance for fiscal 2020. Supreme Cannabis’ expects to release the Company’s