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Re: matticus22 post# 1168

Friday, 03/28/2014 4:22:26 AM

Friday, March 28, 2014 4:22:26 AM

Post# of 29174
Supreme Pharmaceuticals SPRWF Soars on Joining MMJ

Supreme Pharmaceuticals SPRWF alternate symbol V.SL soars 100% on joining MMJ fray looking for opportunities -- Supreme Pharmaceuticals (TSX-V:SL, StockForum), a Calgary-based firm formally known as Sola Resource up until a week ago, has formally announced its entry into the medical marijuana market to evaluate opportunities in the sector while the company pushes forward with negotiations to secure a exclusive license agreement for an unnamed medical device. According to the news release, the company has been approached as a vehicle to consolidate fragmented growers and work with dispensaries to obtain the new Marijuana for Medical Purposes Regulations (“MMPR”) license and management is currently reviewing various business plans and proposals while bringing industry expertise to its advisory board. Company president and CEO, David Stadnyk, commented, “As a diversified life science company we are now looking into the medical marijuana industry as part of our duty to our shareholders to investigate potential transactions.” He went on to illustrate, “As a company we continue to search for opportunities that provide value and the medical marijuana industry appears to be booming and may offer significant rewards to our shareholders.” Then concluded, “We have several key contacts with potentially valuable opportunities and we will evaluate them rigorously.”

http://www.stockhouse.com/companies/bullboard/sprwf/supreme-pharmaceuticals-inc

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