Licensed Producers AB Laboratories Inc., part of Invictus MD,
JWC Ltd. and Canada's Island
Garden to sell distinct small batch cannabis through Tweed Main
Street, bringing new variety and diversity to over 50,000
registered patients.
SMITHS FALLS, ON, April 19, 2017 /CNW/ - Canopy Growth Corporation
(TSX: WEED) ("Canopy Growth" or "the Company"), is pleased to
announce the launch of Tweed's curated CraftGrow line, which
brings high quality cannabis grown by a diverse set of producers to
Tweed Main Street's customers. In line with the level of variety
customers have come to expect, Tweed will proudly showcase the
history and unique growing methods of each CraftGrow
producer.
"Our company recognizes the diverse needs of patients and is
proud to bring them the highest quality products that we grow in
our own facilities, while introducing them to producers that each
bring a unique offering forward," said Bruce Linton, Chairman & CEO, Canopy Growth.
"Telling the story of cannabis cultivators, big and small, is
essential to a successful market for medical cannabis. Having put
together the infrastructure of over 100 customer care staff, as
well as packing and fulfilment staff capable of shipping thousands
of orders a day, we are in a unique position to support smaller
producers getting to market, and to help patients find the products
they need from an ever wider selection."
By participating in CraftGrow, Access to Cannabis for
Medical Purposes Regulations ("ACMPR") license applicants and
Licensed Producers can utilize components of the Company's platform
including high quality genetics sourced from around the world,
industrial scale cannabis oil extraction infrastructure, a rigorous
product Quality Assurance program, the Tweed Main Street online
marketplace as well as award winning customer care and call centre
capabilities. Access to these Canopy Growth platform
components can be expected to significantly reduce the resources
that new entrants are required to invest to enter the market and
help get them get to market much faster to the benefit of all
medical cannabis patients.
As a staring point, three distinct partners are joining
CraftGrow, all with different growing styles and approaches
to cannabis. They are: AB Laboratories Inc., Canada's Island Garden, and JWC Ltd.
"As a fairly new Licensed Producer with a market capitalization
less than our peers, we are able to utilize Canopy Growth's
existing infrastructure giving us access to a wider market," said
Dan Kriznic, Chairman & CEO,
Invictus MD, on behalf of AB Laboratories. "By collaborating
with Canopy Growth, we are committed to improving access to
multiple high quality brands through a better online
experience."
Prince Edward Island-based
partner, Canada's Island Garden
will sell many of its products under the CraftGrow banner as
a way to introduce themselves to a wider market. Edwin Jewell, Island Garden's president
commented, "We are proud of our operations here in PEI and as one
of the few producers based in Atlantic
Canada we see CraftGrow as a way to raise our profile
and bring a little bit of PEI to the rest of Canada."
Finally, JWC will join CraftGrow with a vision for
advancing the technological side of cannabis production. "JWC is
happy to participate in the CraftGrow program. It is a
unique opportunity to showcase our products and techniques, and a
unique opportunity to highlight and share our advanced Aeroponic
growth techniques. Technology is a vital part of this industry, and
it is through partnerships such as this that we are able to rapidly
advance the technological tools at our disposal," said Nathan Woodworth, President of JWC Ltd.
By choosing to partake in CraftGrow, producers with
cultivation and sales licenses can furnish their harvests to Tweed,
on a wholesale basis for sale through Tweed Main Street. All
CraftGrow cannabis is subject to Tweed's rigorous Quality
Assurance program, including accredited lab testing, prior to being
approved for sale.
Licensed producers and pre-license applicants interested in the
CraftGrow program are encouraged to contact Devin McGee (devin.mcgee@canopygrowth.com) or
Owen Smith
(owen.smith@canopygrowth.com). More information and more cannabis
variety will be available soon at tweedmainstreet.com
Here's to Future Craft 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.
About Invictus MD Strategies Corp.
Invictus MD
Strategies Corp. (TSXV: IMH, OTC: IVITF) is focused on three main
verticals within the burgeoning Canadian cannabis sector: Licensed
Producers under the ACMPR including an investment in a fully
licensed facility, AB Laboratories Inc. as well as the option to
now acquire 100% of Acreage Pharms Ltd.; Fertilizer and Nutrients
through Future Harvest Development Ltd.; and Cannabis Data and
Delivery, with its wholly owned subsidiary Poda Technologies
Ltd.
About JWC Ltd.
James E Wagner Cultivation Ltd is a
family business, founded by a group of dedicated growers who honed
their craft under the MMAR program. After years of research we
developed a unique aeroponic approach to Cannabis production, and
under the ACMPR JWC is proud to bring their product to the patients
of Canada.
About Canada's Island
Garden:
Canada's Island
Garden Inc. operates within a new and highly regulated system
under the terms of the Access to Cannabis for Medical Purposes
Regulations (ACMPR). As a horticultural business it also stands on
the shoulders of generations of farming Jewells and the culture of
Prince Edward Island.
We know the origin, quality and potency of medical marijuana is
important to you. We make this promise: Our horticultural
experience, pristine environment and stringent quality controls
will result in a consistent and high quality product at a
reasonable price. All delivered with exceptional Prince Edward Island customer service.
Notice Regarding Forward Looking Statements
This news release contains forward-looking statements. Often, but
not always, forward-looking statements can be identified by the use
of words such as "plans", "expects" or "does not expect", "is
expected", "estimates", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases
or state that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
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
publicly update such forward-looking statements to reflect new
information, subsequent events or otherwise unless required by
applicable securities legislation.
Neither the TSX Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE Canopy Growth Corporation