02:48:11 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Umbral Energy Corp
Symbol UMB
Shares Issued 79,991,972
Close 2017-08-04 C$ 0.10
Market Cap C$ 7,999,197
Recent Sedar Documents

Canopy adds Umbral's PhyeinMed as CraftGrow partner

2017-08-08 12:32 ET - News Release

See News Release (C-WEED) Canopy Growth Corp

Mr. Mark Zekulin of Canopy reports

CANOPY GROWTH CORPORATION ADDS PHYEINMED INC AS CRAFTGROW PARTNER

Tweed Main Street customers can look forward to another CraftGrow partner with the signing of a new agreement between Canopy Growth Corp. and Umbral Energy Corp.

If and when the appropriate cultivation and sales licences have been granted, Umbral's 75-per-cent-owned subsidiary, PhyeinMed Inc., a late-stage applicant under Health Canada's access to cannabis for medical purposes regulations (ACMPR), will supply its cannabis products on the Tweed Main Street website, 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. "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 Canopy is pleased to welcome PhyeinMed to the team.

About Canopy Growth Corp.

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.

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