Supreme Cannabis to Launch Investment Platform Supreme Heights

- Supreme Heights, based in London, UK to pursue investment opportunities in the UK and Europe

- Targeting investments in differentiated UK and European CBD health and wellness brands

TORONTO, June 24, 2019 /PRNewswire/ -- The Supreme Cannabis Company, Inc. ("Supreme Cannabis" or the "Company") (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), today announced the launch of Supreme Heights, an investment platform based in London, UK focused on opportunities in the UK and Europe's CBD health and wellness space. Supreme Heights intends to make strategic investments in and provide support services to differentiated high-growth health and wellness businesses with focused brands and premium CBD offerings.

Supreme Cannabis has launched Supreme Heights as a separate entity that will solely address opportunities in the UK and Europe's CBD health and wellness market. Supreme Heights will benefit from Supreme Cannabis' regulatory, product commercialization, supply chain, marketing and capital markets expertise and corporate support services. Supreme Cannabis' management team has immense experience supporting health and wellness companies operating in Canada and international markets. Supreme Heights will draw on the Company's experience launching premium brands.

"The rapidly evolving CBD markets in the UK and Europe present compelling investment opportunities given the promising environments for new health and wellness companies to establish differentiated brands and capture meaningful market share. Supreme Heights is positioned to quickly act on attractive opportunities and establish an early mover advantage in the space," said Navdeep Dhaliwal, CEO of Supreme Cannabis. "Supreme Heights will benefit from our experience launching some of the most premium cannabis brands in Canada and from the strong leadership and the deep industry connections of our UK partners. We look forward to driving value for Supreme Cannabis shareholders through this investment platform."  

Patrick Morton will serve as CEO of Supreme Heights. Based in London, UK, Patrick brings over a decade of capital markets' experience and deep industry relationships to Supreme Heights. Mr. Morton is a co-founder of Cannabis Invest UK, the UK's Leading Cannabis Investor Conference. Mr. Morton has spent the past three years building a network of local and global cannabis and CBD companies, developing relationships with the UK and Europe's institutional and high net worth investors and fuelling discussion and action around global cannabis investment opportunities.