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Exchange Bulletin

The Supreme Cannabis Company, Inc. (FIRE) To Trade On Toronto Stock Exchange


January 31, 2019

Issuer:

The Supreme Cannabis Company, Inc. (the "Company")

COMMON SHARES

Security:

Common shares (the "Shares")

Symbol:

FIRE

Number of securities issued and outstanding:

289,947,291 Shares

Number of securities reserved for issuance:

125,279,352 Shares

Trading currency:

CDN$

Listing date:

February 4, 2019 (at the opening)

Posted for trading date:

February 4, 2019 (at the opening)

DEBENTURES

Security:

6.00% Senior Unsecured Convertible Debentures (the "Debentures")

Symbol:

FIRE.DB

Principal amount:

$100,000,000

CUSIP:

86860J AD 8

Trading currency:

CDN$

Trading rules:

The Debentures will be quoted and traded on an accrued interest basis, i.e. all bids, offers and trades of the Debentures will reflect only the capital portion of the Debentures and will not reflect accrued interest. Accrued interest must be reflected in the seller's and buyer's settlement amount, and must be reflected on the confirmation with clients.

The Debentures, which are issuable in the minimum principal amount of $1,000 each, will be quoted based on $100 principal amounts with all trades being made in multiples of $1,000. The minimum trading unit of Debentures is $1,000 and a board lot of Debentures is $1,000.

Maturity date:

October 19, 2021

Interest payment dates:

Semi-annually in arrears on June 30 and December 31 in each year.

Interest rate:

6.00% per annum. Interest will be computed on the basis of a 360-day year.

Conversion:

At the option of the holder into common shares of the Company (Symbol: FIRE), at any time prior to the close of business on the earliest of (a) the business day preceding the Maturity Date; or, (b) if the Company is required to offer to purchase such Debentures pursuant to a change of control of the Company, on the business day immediately preceding the payment date. The conversion price is approximately $2.45 per common share, being a conversion rate of approximately 408.16 common shares for each $1,000 principal amount of Debentures.

Listing date:

February 4, 2019 (at the opening)

Posted for trading date:

February 4, 2019 (at the opening)

OTHER INFORMATION

Listing category:

Industrial, Non-Exempt Issuer

Other market(s):

The Shares have been listed and trading on TSX Venture Exchange since June 6, 2017 originally under the name "Supreme Pharmaceuticals Inc." and symbol "FIRE" and the Debentures under the symbol "FIRE.DB" since October 23, 2018. The Shares and Debentures will be delisted from TSX Venture Exchange on February 4, 2019, upon commencement of trading on Toronto Stock Exchange. Upon listing on Toronto Stock Exchange, the Shares and Debentures will be traded under the symbols "FIRE" and "FIRE.DB", respectively.

Designated market maker:

W.D. Latimer Co. Ltd.

Security ownership registration:

Shares: Certificated Issue, Uncertificated issue – Non-Certificated Inventory, and Direct Registration System

Debentures: Uncertificated Issue – Non-Certificated Inventory

Investor relations:

Steve Chan

(416) 630-7272

Email: steve.chan@supreme.ca

Incorporation:

Canada Business Corporations Act

Fiscal year end:

June 30

Nature of business:

The Company is focused on developing proprietary businesses in the emerging global cannabis market.

Transfer agent and registrar:

Computershare Trust Company of Canada at its principal offices in Vancouver and Toronto for both the Shares and Debentures.

Dividends:

None anticipated in the foreseeable future.

Sponsorship:

Not applicable

Disclosure document:

Annual Information Form dated October 2, 2018 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the disclosure document.

Additional information:

Debenture indenture dated October 19, 2018 between the Company and Computershare Trust Company of Canada, which is available at www.SEDAR.com.

TSX contact:

Chris Birkett, Director, Toronto Stock Exchange