SMITHS FALLS, ON, June 25, 2018 /CNW/ - Canopy Growth
Corporation ("Canopy Growth" or the "Company") (TSX: WEED), (NYSE:
CGC) is pleased to announce the addition of well-respected cannabis
industry leaders Kirk Tousaw and Mat
Beren to its West Coast bench.
Kirk and Mat will provide consulting services and collaborate
with the Company as it continues to enhance quality while also
supporting advocacy and community engagement.
"The addition of Kirk and Mat further strengthens our team in
British Columbia and we look
forward to collaborating with these well-known industry leaders,''
said Mark Zekulin, President, Canopy
Growth. "Advocacy and quality are central to a responsible cannabis
industry and to bringing the best products to market, we welcome
their combined expertise as we continue to expand our business
around the country."
Kirk is a leading cannabis advocate and lawyer who has been
actively involved in pushing for the modernization of cannabis
policies. He has extensive experience defending those charged with
cannabis offences and has also worked with organizations across the
cannabis industry. In 2013, Kirk was awarded the Queen's
Diamond Jubilee Medal in recognition
of his work on behalf of medical cannabis patients and
providers.
"I'm excited about helping Canopy Growth as they enter the
existing and vibrant industry here in BC. As we move toward a legal
cannabis market, I think long-time advocates have a responsibility
to help guide the evolution of the industry and I really appreciate
the opportunity to do that with Canopy."
Mat is a veteran of the cannabis industry with more than 20
years' experience. He is the owner of the renowned seed company the
House of the Great Gardner which he started to support patients in
accessing medical cannabis. Mat has received more than 50
international awards for his work with cannabis and also won a
six-year constitutional challenge in the BC Supreme Court which
laid the foundation for his medically-focused seed company.
"Growing cannabis is my passion and has been for 25 years and
I'm looking forward to the opportunity to help Canopy Growth
further its expertise and relationships with craft producers in BC.
Working with Kirk in addition to my activist allies like
Hilary Black, Adam Greenblatt and Rade Kovacevic feels like we
are getting the band back together and I'm super stoked to see what
the future brings."
The addition of Kirk and Mat is the latest example of Canopy
Growth's strategy for building and working with the best talent in
the industry. Coupled with 2.4 million sq. ft. of licensed
production capacity, a rapidly expanding international medical
cannabis business under the Spectrum banner, and unparalleled
medical cannabis research through Canopy Health Innovations, the
Company is uniquely positioned to realize the opportunity presented
by the modernization of cannabis legislation in Canada and around the world.
Here's to Future Growth.
About Canopy Growth Corporation
Canopy Growth is a
world-leading diversified cannabis and hemp company, offering
distinct brands and curated cannabis varieties in dried, oil and
Softgel capsule forms. 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 established partnerships with leading sector
names including cannabis icon Snoop Dogg, breeding legends DNA
Genetics and Green House seeds, and Fortune 500 alcohol leader
Constellation Brands, to name but a few. Canopy Growth operates ten
cannabis production sites with over 2.4 million square feet of
production capacity, including over 500,000 square feet of
GMP-certified production space. The Company has operations in eight
countries across five continents. The Company is proudly dedicated
to educating healthcare practitioners, conducting robust clinical
research, and furthering the public's understanding of cannabis,
and through its partly owned subsidiary, Canopy Health Innovations,
has devoted millions of dollars toward cutting edge,
commercializable research and IP development. Through partly owned
subsidiary Canopy Rivers Corporation, the Company is providing
resources and investment to new market entrants and building a
portfolio of stable investments in the sector. From our historic
public listing to our continued international expansion, pride in
advancing shareholder value through leadership is engrained in all
we do at Canopy Growth. For more information visit
www.canopygrowth.com
Notice Regarding Forward Looking Statements
This news
release contains "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995
and "forward-looking information" within the meaning of applicable
Canadian securities legislation. Often, but not always,
forward-looking statements and information can be identified by the
use of words such as "plans", "expects" or "does not expect", "is
expected", "estimates", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases
or state that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements or information involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of Canopy Growth or its
subsidiaries to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements or information contained in this news
release. Examples of such statements include statements with
respect to "future market participation in British Columbia". Risks, uncertainties and
other factors involved with forward-looking information could cause
actual events, results, performance, prospects and opportunities to
differ materially from those expressed or implied by such
forward-looking information, including the active consultant status
of Kirk Tousaw and/or Mat Beren and
such risks contained in the Company's annual information form dated
June 28, 2017 and filed with Canadian
securities regulators available on the Company's issuer profile on
SEDAR at www.sedar.com. Although the Company believes that the
assumptions and factors used in preparing the forward-looking
information or forward-looking statements in this news release are
reasonable, undue reliance should not be placed on such information
and no assurance can be given that such events will occur in the
disclosed time frames or at all. The forward-looking information
and forward-looking statements included in this news release are
made as of the date of this news release and the Company does not
undertake an obligation to publicly update such forward-looking
information or forward-looking information to reflect new
information, subsequent events or otherwise unless required by
applicable securities laws.
SOURCE Canopy Growth Corporation