The Supreme Cannabis Company, Inc. announced a realignment of its senior leadership in order to further position the Company for global growth and continued operational success. John Fowler, currently Chief Executive Officer of the Company, will assume the role of President of the Company, and Navdeep Dhaliwal, currently the President of the Company, will assume the role of Chief Executive Officer of the Company, effective at the end of the business day on September 24, 2018. Both individuals will continue to serve as members of the Company's board of directors.

Under Mr. Fowler's leadership, construction of 7ACRES' world class facility is scheduled for completion by year end and annual production capacity is expected to reach 50,000kg in mid 2019. Mr. Fowler's leadership was also instrumental in Supreme Cannabis securing supply agreements with provincial recreational partners in Ontario, British Columbia, Alberta, Manitoba, Nova Scotia and PEI. Mr. Dhaliwal, in his role as Chief Executive Officer, will continue to focus on executing on the Company's broader global growth strategy including M&A opportunities, strategic investments, and developing the Company's international and medical businesses.

Mr. Dhaliwal will also continue to lead the Company's investor and capital markets relations activities. To date, Mr. Dhaliwal has led the Company's capital raising efforts, strategy, international investments and initiatives.