Supreme Cannabis Reports 373% Recreational Revenue Spike YoY

The Supreme Cannabis Co. Inc. (TSX: FIRE) (OTCQX: SPRWF) revealed its recreational net revenue spiked 373% year-over-year, and 27% sequentially to $7.3 million in the last quarter of this fiscal year.

Over the fourth quarter, 18 stock-keeping units (SKUs) were launched within the Canadian market. 

In addition, Supreme disclosed Thursday, there are 36 active retail SKUs listed.

The Toronto-based company also reported losing over $139 million in the fiscal year ending June 30.

“Fiscal 2020 was an important transitional year for …

Full story available on Benzinga.com

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