Supreme Cannabis Co Inc fka SPRWF

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SPRWF NEWS TODAY

http://www.kincardinenews.com/2016/08/24/kincardines-7-acres-hybrid-greenhouse-marks-first-harvest-of-medical-cannabis?

READ THE STATEMENTS BY THE CEO BELOW!!!

As an example, Fowler said California and Canada are about the same population-wise, yet Canada has about 30 marihuana companies to California's 3,000, which is an example of the market scale and potential between the two countries. But he said as long as it's federally illegal in the United States, it's harder to raise financial capital to do a large-scale greenhouse such as 7 ACRES, which allows for business to grow in Canada.

“Every day that marihuana remains a Schedule 1 drug in the United States is an economic win for Canada.”

When Phase 1 is completed by next year, 7 ACRES will be one of the top three producers of medical marihuana capacity in Canada, he said. By full capacity (Phase 5), they will be the “most productive marihuana facility in the entire world by total output,” Fowler said.

For example, Fowler said, their goal for the 310,000-square-feet of grow space is to produce between 50,000 and 100,000 kilograms per year. Their most recent competitor's 50,000-kilogram goal will require 1-million-square-feet of space.

“So we are three to six times more efficient per square foot," he said. "So at full capacity there are a few properties that are bigger, but we believe we are the biggest by output, which should matter to shareholders in terms of economic returns, to clients in terms of stability of supply and to stakeholders in terms of jobs and local investment.”

These guys aren't screwing around..