Supreme Pharmaceuticals has issued 130,000 stock options to a consultant of the company. Each option has an exercise price of $0.77 and is exercisable at any time prior to September 14th, 2021, subject to the terms and conditions of the company's Employee Stock Option Plan.
Funding
Last month, Supreme Pharmaceuticals closed the third tranche of its previously announced financing for proceeds of $10,610,625 and aggregate proceeds from three tranches of $14,949,755. The company will use net proceeds of the Financing for the expansion of the company's hybrid greenhouse facility and for general working capital purposes.
"This financing represents a big step in the growth of Supreme," said John Fowler, CEO of Supreme. "We are well positioned to complete our Phase 1 expansion of the hybrid greenhouse to satisfy wholesale demand in excess of current capacity. The participation from existing shareholders, directors, management and local investors from Kincardine demonstrates our stakeholders' confidence in our organization and business plan. We are fortunate to have such a strong and supportive shareholder base moving forward."
For more information:
Supreme Pharmaceuticals
202 – 20 De Boers Dr, Toronto ON
M3J 0H1
Phone: (416) 630-7272
info@supreme.ca
www.supreme.ca
Announcements
Job Offers
- Head Grower Greenhouse Canada
- Post Entry Quarantine Facility Manager
- Economic Policy Officer Agri-Tech Kentucky
- Licensing Manager North America
- Junior Sales Executive
- Fruit Breeder/Trait Discovery Scientist
- General Manager
- Regional Sales Manager – DACH Region
- Country Manager – Italy
- Country Manager – Spain
"Tweeting Growers"
Top 5 -yesterday
- Fresh produce chain hit by Lakeside Produce’s bankruptcy
- "Affordable organic foods can be produced from commercial aquaponic greenhouse farms"
- Can cucumbers save a cannabis company?
- "Adhesive tape offers a solution to a common problem in the industry"
- UK cucumber growers won't plant until late February or March
Top 5 -last week
- “Black growbags could benefit vegetable crops as well”
- Latvia: First greenhouse to grow cucumbers under LEDs uses landfill waste to produce energy
- "Moisture is the big danger in the next two months"
- US (OH): 80 Acres Farms makes layoffs as tech job crunch continues
- Is ozone effective against ToBRFV?
Top 5 -last month
- How farmers are cutting out supermarkets
- Higher light transmission and lower heat demand with double foil greenhouse
- 30MHz declared bankrupt, curator 'optimistic about restart'
- Combining vertical farming and greenhouse horticulture to decentralize lettuce production
- COFRA Holding and Mastronardi acquire AppHarvest's Berea greenhouse
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