05:49:07 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Canopy Growth Corp
Symbol WEED
Shares Issued 479,662,424
Close 2022-07-27 C$ 3.14
Market Cap C$ 1,506,140,011
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Canopy Growth talks up 7Acres, Doja summer lineup

2022-07-28 11:39 ET - News Release

Mr. Julian Cohen reports

CANOPY GROWTH ANNOUNCES NEW PREMIUM FLOWER LINE-UP PERFECT FOR SUMMER STAYCATIONS AND WEEKENDS AWAY

Canopy Growth Corp. has several new additions to its premium flower portfolio. Perfect for both staycations and weekends away, the new premium flower offerings from 7Acres and Doja demonstrate Canopy Growth's commitment to continued innovation and strengthen its leading position in the premium flower category.

Leveraging insights that 85 per cent of cannabis consumers consider product quality to be an important factor in their purchasing decision, the company is releasing a range of new, premium flower offerings throughout the summer from 7Acres and Doja, two premium brands renowned for their commitment to producing high-quality cannabis. With these new releases, Canopy expands its premium flower options that deliver on the quality, genetics and innovation that cannabis connoisseurs demand.

Grown by enthusiasts, for enthusiasts, 7Acres is committed to producing the best premium cannabis for the community and is continuously focused on updating and innovating cultivation and improving processing techniques, with each harvest striving for better aroma, appearance, size and flavour. The brand's spirit of continuous improvement was evident in its early summer release of Jack Haze Bubble Hash infused preroll joints, the brand's first in this format. The latest releases from 7Acres include 7Acres Platinum Kush Breath, a new 3.5-gram dried flower offering with a unique aroma and flavour profile, and a new infused prerolled joint offering made with 7Acres papaya flower and bubble hash.

Doja, a top-selling brand born in British Columbia and known for its premium, hand-crafted flower, cultivates cannabis using methods true to its decades-long legacy of growing in B.C.'s Okanagan Valley. One of its top-selling strains, Doja 91K, recently became available in 14 grams, the brand's first-ever large-format premium offering for the recreational market, driven by high customer demand. The latest releases from Doja include three new 3.5-gram flower offerings with high potency and flavourful aroma: Doja OG Deluxe, Doja Fresh Biscotti and Doja Okanagan Grown Blackberry Cream.

"Cannabis connoisseurs know what they want: premium products that overdeliver on aroma and flavour, while still hitting the THC mark," said Julian Cohen, chief innovation officer at Canopy Growth. "Our focus on innovation allows us to give consumers the enhanced quality attributes and range of products they're looking for. As Canadians from coast-to-coast prepare for the long weekend, we're excited to offer them new premium options to enjoy at home or at their favourite summer destination."

Canopy Growth's new premium flower offerings will arrive in retail cannabis locations and on e-commerce sites across Canada throughout the summer, with select products available in certain regions and for a limited time only. A full product list with descriptions can be found below.

  • 7Acres Platinum Kush Breath 3.5-gram: 7Acres Platinum Kush Breath is a high-THC (tetrahydrocannabinol), high-terpene indica-dominant hybrid with a beautiful dense bud structure and abundant trichome coverage. This cultivar exhibits a flavourful and complex aromatic profile of sweet lemon, fruity berry, funky earth and a hint of black pepper.
  • 7Acres Papaya Bubble Hash infused prerolled joints one-gram: 7Acres Papaya Bubble Hash infused prerolls are made using an infusion of papaya bubble hash to deliver a preroll with boosted potency and increased flavour for an elevated smoking experience. This infusion emboldens papaya's tropical flavour profile of exotic fruits and earthy spice.
  • Doja OG Deluxe 3.5-gram: Doja OG Deluxe is a high-THC hybrid strain bred from a unique lineage of OGKB x Triangle Kush crossed with Triangle Kush x Josh D OG. This cultivar's terpene profile is highlighted by dominant amounts of terpinolene and caryophyllene. This strain emits a fruity, gassy and spicy aroma profile with heavy OG characteristics.
  • Doja Fresh Biscotti 3.5-gram: Doja Fresh Biscotti is an exotic hybrid strain created by crossing fresh water taffy and biscotti sundae. This cultivar is known to have a hoppy, citrusy and peppery aroma, with the dominant terpenes including myrcene and caryophyllene.
  • Doja Okanagan Grown Blackberry Cream 3.5-gram (exclusive to British Columbia): Doja Okanagan Grown Blackberry Cream is an exotic indica-dominant cross of blackberry kush and cookies n cream. This cultivar is known to produce purple-toned buds with amber pistils. This high-THC cultivar features a sweet, blackberry and creamy aroma profile.

About Canopy Growth Corp.

Canopy Growth is a world-leading diversified cannabis and cannabinoid-based consumer product company, driven by a passion to improve lives, end prohibition and strengthen communities by unleashing the full potential of cannabis. Leveraging consumer insights and innovation, Canopy Growth offers product varieties in high-quality dried flower, oil, softgel capsule, infused beverage, edible and topical formats, as well as vaporizer devices by Canopy Growth and industry leader Storz & Bickel. Canopy Growth's global medical brand, Spectrum Therapeutics, sells a range of full-spectrum products using its colour-coded classification system and is a market leader in both Canada and Germany. Through Canopy Growth's award-winning Tweed and Tokyo Smoke banners, Canopy Growth reaches its adult-use consumers and has built a loyal following by focusing on top-quality products and meaningful customer relationships. Canopy Growth has entered into the health and wellness consumer space in key markets, including Canada, the United States and Europe through BioSteel sports nutrition, and This Works skin and sleep solutions; and has introduced additional hemp-derived CBD products to the United States through its First & Free and Martha Stewart CBD brands. Canopy Growth has an established partnership with Fortune 500 alcohol leader Constellation Brands.

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