- KKE Oils were created for recreational consumers who want the convenience, high THC potency and precise dosing offered with a cannabis oil.
- KKE Oils are the first in a full suite of recreational focused products to be created under the partnership between Supreme Cannabis, Wiz Khalifa and Khalifa Kush Enterprises Canada.
- KKE Oils are expected to be available in British Columbia and Ontario by the end of the week and Alberta in early July 2019.
TORONTO, June 25, 2019 /CNW/ - The Supreme Cannabis Company, Inc. ("Supreme Cannabis" or the "Company") (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), in partnership with Khalifa Kush Enterprises Canada ULC ("KKE"), today launched KKE Oil, the first product under the KKE brand line.
KKE Oil is a premium, recreational focused oil, developed for the consumer who wants the convenience, high THC potency and precise dosing offered by a cannabis oil. KKE Oils are one of the first ever recreational-focused cannabis oils available to consumers in Canada. Wiz Khalifa and the KKE team specifically selected the Supreme Cannabis' wholly-owned subsidiary, 7ACRES Sensi Star strain for the debut of the line.
"I'm excited to bring our first products to Canada and launch KKE Oils. They are an awesome, high-in-THC product that everyone will love," said Wiz Khalifa, principal of KKE. "This is a legendary moment that will be followed by many more game changing releases KKE will launch with Supreme Cannabis over the next year.
"We firmly believe that a high-quality input supports high-quality output and KKE Oil embodies this belief. We are excited to launch one of the first recreational focused cannabis oils in Canada with Wiz Khalifa and the KKE team. KKE Oils are easy to consume, effective and deliver the aromatic terpene profile 7ACRES' Sensi Star is known for. We can't wait to launch the full suite of KKE products, including KKE Jean Guy Oil, later this year," said John Fowler, President and Founder of Supreme Cannabis.
Canada will be the first country outside the United States to experience KKE branded products. KKE Oil is expected to be available for purchase in British Columbia and Ontario by the end of the week, Alberta in early July and released to other Canadian provinces throughout the year. KKE Oils are the first in a full suite of recreational focused products expected to be created under the previously announced partnership between Supreme Cannabis and KKE.
About Supreme Cannabis
The Supreme Cannabis Company, Inc., 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.
Supreme trades as FIRE on the Toronto Stock Exchange (TSX: FIRE), SPRWF on the OTC Exchange in the United States (OTCQX: SPRWF) and 53S1 on the Frankfurt Stock Exchange (FRA: 53S1). Follow us on Instagram, Twitter, Facebook and YouTube.
We simply grow better.
About Khalifa Kush Enterprises Canada
Khalifa Kush Enterprises Canada was founded in 2018 and is the first expansion for Khalifa Kush outside of the U.S. with plans for growth in additional countries all over the world.
Khalifa Kush products were first commercialized in the U.S. in 2015 by multi-platinum, Grammy and Golden Globe nominated recording artist Wiz Khalifa and his long-time business associates Will Dzombak (CEO, Taylor Gang), Tim Hunkele (Vice President, Taylor Gang) and Constance Schwartz (Founder and CEO, SMAC Entertainment). The company has achieved much success with the creation of high quality and highly sought-after products in the legalized marijuana market and are currently available for purchase in Nevada and Arizona.
Certain statements made in this press release may constitute forward-looking information under applicable securities laws. These statements may relate to anticipated events or results and include, but are not limited to, the quality and characteristics of the KKE Oils, the development and distribution of KKE Oils and other statements that are not historical facts. Particularly, information regarding our expectations of future results, targets, performance achievements, prospects or opportunities is forward-looking information. Often, but not always, forward-looking statements can be identified by the use of forward-looking terminology such as "may", "will", "expect", "believe", "estimate", "plan", "could", "should", "would", "outlook", "forecast", "anticipate", "foresee", "continue" or the negative of these terms or variations of them or similar terminology. Forward-looking statements are current as of the date they are made and are based on applicable estimates and assumptions made by us at the relevant time in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable in the circumstances. However, we do not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws in Canada. There can be no assurance that such estimates and assumptions will prove to be correct. Many factors could cause our actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, the factors discussed in the "Risk Factors" section of the Company's Annual Information Form dated October 2, 2018 ("AIF"). A copy of the AIF and the Company's other publicly filed documents can be accessed under the Company's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com. The Company cautions that the list of risk factors and uncertainties described in the AIF is not exhaustive and other factors could also adversely affect its results. Readers are urged to consider the risks, uncertainties and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such information.
SOURCE The Supreme Cannabis Company, Inc.
For further information: Scott Davidson, Investor Relations, Email: [email protected], Phone: 416-466-6265, supreme.ca