SMITHS FALLS, ON, June 1, 2017 /CNW/ - Canopy Growth Corporation
(TSX: WEED) ("Canopy Growth" or "the Company") is pleased to
welcome PUF Ventures Inc. (CSE: PUF) ("PUF"), a London, Ontario-based late-stage ACMPR
applicant, to the Tweed Main Street curated
CraftGrow line.
Pending a license to cultivate and sell cannabis products, PUF
will become the fourth company to join CraftGrow. The
program accelerates speed to market for newly licensed producers
and provides brand and product exposure by selling partner products
via www.tweedmainstreet.com to the market's largest group of
actively registered customers.
"Our approach with CraftGrow and Tweed Main Street is to
establish a diverse online marketplace for legal medical cannabis
products. People can seamlessly access Canada's leading cannabis brands with one
medical document rather than being tied to a single producer," said
Mark Zekulin, President, Canopy
Growth. "For new producers, having access to the largest group of
registered patients in the country can go a long way towards
building brand awareness. And for us, it's an opportunity to
position ourselves as the online source of cannabis in
Canada, while bringing more
product variety and reliability to our customers."
Following a recent announcement from Health Canada, Canopy
Growth is pleased to see that the Department has streamlined
licensing in order to move new applicants through the process more
effectively, while also recognizing that existing producers with a
track record of success should be able to expand more quickly with
a streamlined approvals process. These efforts will create a more
diverse marketplace and benefit new and existing licensees by
reducing the administrative steps to expansion, ultimately
benefiting all patients.
"Our partnership with Canopy Growth is a significant milestone
and achievement for PUF," said Derek
Ivany, President & CEO, PUF. "As we navigate through the
final steps of licensing, we are pleased that we will be working
with Canopy Growth, a world leader in the cannabis space, to help
us build PUF and its other brands moving forward. It has been my
goal from the first day I joined PUF to vertically integrate our
family of brands together with a particular emphasis on boutique
growing. As we are a smaller facility, offering a high quality,
curated product at a higher price point makes the most economical
sense. The partnership with Canopy Growth also allows us to work
with world leaders in the industry to build out high quality
products. With CraftGrow, we will focus on high quality
cannabis bud, oils and extracts. We are extremely excited to work
towards our official launch of PUF on Tweed Main Street."
New licensees and applicants are encouraged to contact
Devin McGee or Owen Smith for more information on the
CraftGrow collective.
Here's to Future Growth.
About Tweed
Tweed is a globally recognized marijuana production brand. It has
built a large and loyal following by focusing on quality products
and meaningful customer relationships. Tweed doesn't just sell
marijuana, it facilitates a conversation about a product we've all
heard about but haven't met intimately yet. It is approachable and
friendly, yet reliable and trusted. As marijuana laws liberalize
around the world, Tweed will expand its leading Canadian position
around the globe. Learn more at www.tweed.com.
About Canopy Growth Corporation
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. Canopy Growth has
established partnerships with leading sector names
in Canada and abroad. For more information
visit www.canopygrowth.com.
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SOURCE Canopy Growth Corporation