19:21:36 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Canopy Growth Corp
Symbol WEED
Shares Issued 349,362,249
Close 2020-03-16 C$ 14.42
Market Cap C$ 5,037,803,631
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Canopy Growth begins shipping pot-infused drinks

2020-03-16 11:21 ET - News Release

An anonymous director reports

TWEED'S FIRST THC-INFUSED READY-TO-DRINK CANNABIS BEVERAGE SHIPS NATIONWIDE

Since Cannabis 2.0 legalization on Oct. 17, 2019, Canopy Growth Corp.'s Tweed Inc. has been preparing for the launch of its cannabis-infused beverages to the Canadian recreational market.

The company's first SKU, Tweed Houndstooth & Soda, began shipping to provincial boards and retailers nationwide late last week.

When and where will Tweed ready-to-drink cans be available for purchase?

Product shipments began leaving Canopy Growth's regional distribution centre on March 11, 2020. Product availability on provincial e-commerce platforms and bricks-and-mortar retail locations will vary, depending on transportation timelines and provincial distribution systems.

The company encourages consumers to check in with their local retailer for up-to-date product availability.

The details

The company has developed proprietary, industry-leading beverage technologies to distill cannabis flower into liquid, which powers its ready-to-drink offerings. Each 355-millilitre can of Tweed Houndstooth & Soda contains two milligrams of tetrahydrocannabinol and fewer than one milligram of cannabidiol, combining Houndstooth Distilled Cannabis with soda water and other ingredients for a refreshing cannabis experience.

About Canopy Growth Corp.

Canopy Growth is a world-leading, diversified cannabis, hemp and cannabis device company offering distinct brands and curated cannabis varieties in dried, oil and softgel capsule forms, as well as medical devices through Canopy Growth's subsidiary, Storz & Bickel GMbH & Co. KG. From product and process innovation to market execution, Canopy Growth is driven by a passion for leadership and a commitment to building a world-class cannabis company one product, site and country at a time. Canopy Growth has operations in over a dozen countries across five continents.

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