08:53:59 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Canopy Growth Corp
Symbol WEED
Shares Issued 626,727,549
Close 2023-08-21 C$ 0.55
Market Cap C$ 344,700,152
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Canopy rolls out 5 new preroll flower cannabis products

2023-08-22 09:51 ET - News Release

Mr. Dave Paterson reports

CANOPY GROWTH'S NEWEST PRE-ROLL FLOWER OFFERINGS ARE PERFECT FOR END OF SUMMER OCCASIONS

Canopy Growth Corp. has added five new preroll flower product offerings from iconic brands Tweed, 7Acres and, for the first time, from Canopy Growth's medical cannabis company, Spectrum Therapeutics.

"Our newest flower offerings combine the fresh flavours of summer with the convenience of a preroll, making them the perfect complement to any occasion," said Dave Paterson, president, Canada, Canopy Growth. "Together with our team of master growers and cultivators, we continue to innovate with new flavours and formats to deliver exceptional flower and infused products to ensure high-quality product offerings for our consumers."

New products rolling out under Canopy Growth's flower portfolio include the following.

Tweed Distillate Infused

Bursting with flavour, Tweed Distillate Infused prerolls are available in two new flavours -- Black Cherry Chronic and Outlandish Orange. Black Cherry Chronic is a high-THC (tetrahydrocannabinol) sativa that provides a perfect blend of sweet and tart for a robust flavour and 33 per cent to 39 per cent THC. Outlandish Orange is a high-THC sativa that delivers a bright and zesty burst of flavour with 33 per cent to 39 per cent THC. Tweed Infusion Black Cherry Chronic and Outlandish Orange are available in five by 0.35-gram preroll packages.

7Acres Burners

7Acres Burners are designed to be the GOAT (greatest of all time) of the preroll. Small-batch grown with thoughtfully selected flavourful genetics composed of a cross between Sour Dubble and Tahoe Alien to create Alien Rock Candy. Offered in a three by 0.7 g format with 26 per cent to 32 per cent THC, these Burners are designed to deliver a slow and consistent burn. The unique filter design serves to optimize airflow, enabling a smoother smoke to ensure the flavour of the true craft flower can be fully enjoyed.

Spectrum Red No. 1

Spectrum Red No. 1 prerolls emit a fruity and gassy aroma and flavour profile thanks to the product's primary terpenes: terpinolene, caryophyllene and limonene. With 22 per cent to 28 per cent THC, the 20 masterfully prerolled 0.5 g joints are the first large-pack offering in the Spectrum range.

Spectrum Green

Spectrum Green prerolls are an indica-leaning hybrid strain with low amounts of THC, with 2 per cent to 8 per cent, and 10 per cent to 16 per cent CBD (cannabidiol). This strain is well suited for those who would like to try THC for the first time, as well as experienced consumers looking to add CBD to their routine. Spectrum Green prerolls come in a 20 by 0.5 g pack, and some associate spicy, woody, lemon or fuel flavours with this strain.

Tweed and 7Acres new preroll offerings are available for purchase via legal recreational cannabis e-commerce channels and retail locations in select regions. Spectrum products are available for purchase on-line at the Spectrum Therapeutics website.

About Canopy Growth Corp.

Canopy Growth is a leading North American cannabis and consumer packaged goods (CPG) company dedicated to unleashing the power of cannabis to improve lives.

Through an unwavering commitment to its consumers, Canopy Growth delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7Acres, Tweed and Deep Space. Canopy Growth's CPG portfolio features sugar-free sports hydration brand BioSteel, targeted 24-hour skincare and wellness solutions from This Works, gourmet wellness products by Martha Stewart CBD, and category defining vaporizer technology made in Germany by Storz & Bickel.

Canopy Growth has also established a comprehensive ecosystem to realize the opportunities presented by the United States THC market through its rights to Acreage, a vertically integrated multistate cannabis operator with principal operations in densely populated states across the northeast, as well as Wana Brands, a leading cannabis edible brand in North America, and Jetty Extracts, a California-based producer of high-quality cannabis extracts and pioneer of clean vape technology.

Beyond its world-class products, Canopy Growth is leading the industry forward through a commitment to social equity, responsible use and community reinvestment, pioneering a future where cannabis is understood and welcomed for its potential to help achieve greater well-being and life enhancement.

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