SMITHS FALLS, ON, Aug. 8, 2017 /CNW/ - Tweed Main Street customers
can look forward to another CraftGrow partner with the signing of a
new agreement between Canopy Growth Corporation (TSX: WEED)
("Canopy Growth" or the "Company") and Umbral Energy Corp. (CSE:
UMB).
If and when the appropriate cultivation and sales licences have
been granted, Umbral's 75% owned subsidiary, PheinMed Inc.
("PheinMed"), a late stage applicant under Health Canada's ACMPR
regulations, will supply its cannabis products via
TweedMainStreet.com, the most diverse cannabis marketplace in
Canada. The agreement will serve
to increase the amount of variety and consistency of supply
available to Tweed's registered medical cannabis customers.
"The CraftGrow program continues to attract excellent
participation and excellent partners entering the medical cannabis
space," said Mark Zekulin, President
of Canopy Growth Corporation. "We are the only producer in
Canada to offer a variety
of producers' cannabis products, which is a winning
proposition for everyone, especially our customers."
Existing and future CraftGrow partners gain access to the single
largest group of cannabis patients in Canada. Because of this, CraftGrow is a simple
way to garner brand exposure in an emerging industry.
As Canopy Growth management has previously stated, a successful
cannabis marketplace requires a diversity of producers in order to
thrive. The CraftGrow program and Tweed Main Street are integral
parts of a successful cannabis ecosystem, and we are pleased to
welcome PheinMed to the team.
Here's to Future Growth.
About Canopy Growth Corporation
Canopy Growth is a world-leading diversified cannabis company,
offering diverse brands and curated cannabis strain varieties in
dried and oil extract forms. Through its wholly‑owned subsidiaries,
Canopy Growth operates numerous state-of-the-art production
facilities with over half a million square feet of indoor and
greenhouse production capacity. Canopy Growth has established
partnerships with leading sector names in Canada and abroad. For more information visit
www.canopygrowth.com.
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Forward-looking statements involve known and unknown risks,
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performance or achievements of Canopy Growth Corporation, Tweed
Inc., Tweed Farms Inc., Mettrum Health Corp., or Bedrocan Canada
Inc. to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements. Examples of such statements include
future operational and production capacity, the impact of enhanced
infrastructure and production capabilities, and forecasted
available product selection. The forward-looking statements
included in this news release are made as of the date of this news
release and Canopy Growth Corp. does not undertake an obligation to
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information, subsequent events or otherwise unless required by
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SOURCE Canopy Growth Corporation