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[PennyStockInvestor]

SPRWF ~ Acquires Option to Purchase Medical Marijuana Producing Facility

Read more about SPRWF at:
http://investorshub.advfn.com/Supreme-Pharmaceuticals-Inc-SPRWF-19800/

CALGARY, ALBERTA - Mar 24, 2014 - Supreme Pharmaceuticals Inc. (the "Company") (TSX-VENTURE:SL)(OTCBB:SPRWF) is pleased to announce that the Company has signed a conditional agreement with an arms-length South Okanagan-based company, whereby the Company has the option to purchase its producing medical marijuana business for up to twelve months for the sum of $1,000,000, payable in cash and shares, subject to regulatory approval. The Company is currently in a 10-business day due diligence period and if satisfied, Supreme will make a $100,000 option payment.

Source:
http://www.supremepharmaceuticals.com/index.php/news/news-2014/19-supreme-acquires-option-to-purchase-producing-medical-marijuana-facility