Friday, May 23, 2014
Supreme Pharmaceuticals Acquires Ontario Greenhouse Complex for Future Medical Marijuana Production
VANCOUVER, BRITISH COLUMBIA, (Marketwired via COMTEX) Supreme Pharmaceuticals Inc. ( Supreme or the Company ) (CSE: SL)(OTCBB: SPRWF) is pleased to announce that subsequent to its visit to the 342,000 square foot green house facility in Southern Ontario, Supreme has closed its purchase. The facility is located approximately 100 miles outside of Toronto. This facility is where production will commence after installation of the required security measures and subsequent receipt of final MMPR approval. The Company has started the process of upgrading the property. The facility is located in a specially created high energy use industrial park. It is located next to an unlimited supply of electricity at a very competitive rate, has year round road access and is conveniently located in respect to shipping logistics. It appears that all local use permits are in place such that production can commence immediately upon receipt of the final MMPR license. Facility Purchase Terms The total purcha
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