08:06:45 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Canopy Growth Corp (2)
Symbol WEED
Shares Issued 91,090,473
Close 2024-01-24 C$ 6.44
Market Cap C$ 586,622,646
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Canopy rolls out Tweed, 7Acre, Therapeutics products

2024-01-24 11:25 ET - News Release

Mr. Dave Paterson reports

CANOPY GROWTH KICKS OFF THE NEW YEAR WITH NEW PRODUCTS FROM TWEED, 7ACRES, AND SPECTRUM THERAPEUTICS

Canopy Growth Corp. has rolled out new product offerings across the company's adult-use and medical cannabis portfolio, including new Tweed softgels and oils featuring minor cannabinoids, a large format flower offering from Tweed, as well as new medical-exclusive preroll products from 7Acres and Spectrum Therapeutics.

"In addition to launching new flower products, we're making it easier to access CBD [cannabidiol] and minor cannabinoids in convenient oil and softgel formats to support wellness-minded consumers looking to start the year feeling their best," said Dave Paterson, president, Canada, Canopy Growth. "For our medical cannabis consumers, we're proud to continue delivering the variety and convenience that the Spectrum Therapeutics store is synonymous for, thanks to new prerolls from 7Acres and the Spectrum Reserve."

Tweed Lemon Meringue Pie flower

For consumers not wanting to compromise quality for quantity, Tweed Lemon Meringue Pie is being served up fresh in a large-format 28-gram package. Packed with sativa whole cannabis flower which has been derived from the Lemon Skunk and Cookies 'n' Cream lineage, it features terpenes a-pinene, myrcene and limonene. Tweed's Lemon Meringue Pie boasts lemon, citrus and nutty vanilla aromas, is hang-dried, and comes in with a 23 per cent to 29 per cent THC (tetrahydrocannabinol) range. Grown in the company's Kincardine, Ont., facility and packaged with a Boveda humidity control pack to ensure freshness, this new flower offering is full of flavour, just like lemon meringue should be.

7Acres Jack Haze prerolls

7Acres Jack Haze prerolled joints are arriving in a 0.5 g by 14 large pack, and features the famous sativa-dominant cultivar with a unique combination of sweet citrus, crisp pine and warm spice notes. With a range of 17 per cent to 23 per cent THC and a max CBD potency of 25 per cent, 7Acres Jack Haze was the result of a large-scale genetic selection program with the goal of finding this novel sativa expression. This phenotype stood out among the rest as it possessed both the sweet haze notes characteristic of a haze cultivar, along with a distinct spice aroma.

Spectrum Reserve prerolls

Exclusive for medical cannabis customers, Spectrum Therapeutics is extending its Spectrum Reserve collection with Alien Breath and GG No. 4 x Mendo Breath preroll joints. Coming in a 0.5 g by 10 large pack of prerolls, this hybrid strain delivers a high 22 per cent to 28 per cent THC range. The flower's berry, fruity, nutty, sour and chemical notes derive from its Alien Breath and GG No. 4 x Mendo Breath lineage, and its terpenes include 3.5 per cent beta-caryophyllene, 6 per cent D-limonene, 6.5 per cent beta myrcene and 10 per cent pinene (alpha and beta).

With consumer needs top of mind, Tweed has also introduced four new products featuring CBD and minor cannabinoids, in both oil and softgel formats:

  • Tweed CBD:CBG (cannabigerol) 4:1 oil:
    • A newly formulated cannabis oil arriving in a 30-millilitre (mL) bottle, Tweed CBD:CBG 4:1 is designed to pair with well-being-focused daily routines and provides 100 milligrams per gram (mg/g) CBD and 25 mg/g CBG.
  • Tweed CBD:CBG 6:1 softgels:
    • For those who prefer the convenience and portability of the softgel format, Tweed CBD:CBG 6:1 is available with 30 softgels per bottle, each containing 60 mg of CBD and 10 mg CBG.
  • Tweed CBD:CBN 4:1 oil:
    • Coming in a 30 mL oil format, the Tweed CBD:CBN 4:1 oil offering is designed to become part of a nightly routine and delivers 100 mg/g CBD and 25 mg/g CBN.
  • Tweed CBD:CBN 6:1 softgels:
    • Another win for those who prefer the convenience of softgels, Tweed CBD:CBN 6:1 is available with 30 softgels per bottle, each containing 60 mg of CBD and 10 mg CBN.

Tweed oil and softgel products are made with non-GMO (genetically modified organism), coconut-derived MCT (medium-chain triglycerides) oil and blended cannabis extracts. All Tweed offerings are available for purchase via legal recreational cannabis e-commerce channels and retail locations in select regions. 7Acres and Spectrum products are available for purchase on-line.

Disclaimer: Terpene amounts may vary on a per-lot basis due to the natural variability of cannabis plants. THC and CBD ranges may vary. See product packaging for accurate levels. Everyone experiences cannabis differently.

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 includes 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 tetrahydrocannabinol market through its rights to Acreage Holdings Inc., 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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