Supreme Cannabis Appoints New Chief Information Officer and VP of Talent

The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) announced today that Ash Rajendra has joined the company as Chief Information Officer (“CIO”) where he will focus on ensuring Supreme Cannabis is well prepared to execute on its next phase of growth. The Company also announced the addition of a new VP, Talent, Valerie Rother to steward the Company’s human capital and talent development program.

“We are excited to welcome Mr. Rajendra and Ms. Rother to the Supreme Cannabis team. Both bring a wealth of experience and knowledge to drive the Company’s next phase of growth,” said Navdeep Dhaliwal, CEO of Supreme Cannabis. “Coupled with our recreational brand, 7ACRES, and the recent addition of our wellness brand, Blissco and our anticipated acquisition of our global medical brand, Truverra, Supreme Cannabis has evolved as a global leader in premium cannabis brands and products. Our team continues to grow and evolve to meet the demands of this fast-moving industry.”

Mr. Ash Rajendra is an experienced information technology and business leader who has a deep understanding of vertically integrated products, including operating within a regulated environment. Most recently, Mr. Rajendra was the CIO at Just Energy (TSE: JE), which specializes in electricity, natural gas, solar and green energy around the world and serves approximately two million residential and commercial customers. As a member of Just Energy’s executive management team, Mr. Rajendra was responsible for planning and execution of the company’s global IT strategy. Prior to this Mr. Rajendra served as the CIO for Nordion, the world’s largest producer of medical isotopes.

Ms. Valerie Rother has over 16 years of experience in recruitment, talent management and HR business practices. In her previous role as Director of People and Culture at Wave Financial, Ms. Rother oversaw its Talent Strategy and Acquisition Team in a high-volume, fast-paced environment.

The Board of Directors of Supreme Cannabis (the “Board”) in line with best practices in respect of governance and insider participation on boards of directors, has determined to increase the number of independent directors serving on the Board. As a result, the Company has accepted the resignation of Mr. John Fowler, who has served as a Director of the Company since 2014.

The Board thanks Mr. Fowler for his service and contribution as a member of the Board. Mr. Fowler will continue to play a valuable role on Supreme Cannabis’ senior management team in his new role as Chief Advocacy Officer & Managing Director, Flower and Concentrates. In this role, Mr. Fowler will continue to be an advocate for the cannabis plant, the cannabis industry, the Company and each of its recreational brands.

The Board looks forward to the opportunity to appoint a new independent board member who will bring a diverse background, experience and operating knowledge to Supreme Cannabis.

SOURCE The Supreme Cannabis Company, Inc.