Canadian Supreme Cannabis And Wiz Khalifa's KKA Part Ways

The Supreme Cannabis Company Inc. FIRE SPRWF, and Khalifa Kush Enterprises Canada agreed to part ways.

Canada's Supreme Cannabis entered the exclusive consulting services deal with Wiz Khalifa's company back in December 2018. The two entities had teamed up to release a line of cannabis products.

Under the five-year deal, Supreme agreed to manufacture and commercialize KKE branded products, including pre-rolls, extracts, capsules, and cannabis oils, across Canada.

Initially, the partnership was fruitful, as it yielded a premium cannabis oil. The product is launched last year under the KKA brand.

However, both companies decided to "re-focus their resources" within their business, the press release said.

Supreme Cannabis, which saw its sales revenue rising 245% over the year, would continue utilizing its 7ACRES Craft Collective brand extension.

KKE will continue with developing its premium brand in the U.S, aiming to expand internationally.

Over the years, the famous rapper has been partnering with several cannabis brands, including RivrRock Cannabis, as well as RAW, a rolling paper brand.

Courtesy photo

Posted In: cannabis industrycannabis salesCannabisNewsEntrepreneurshipRetail SalesGeneral

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.