SMITHS FALLS, ON, Dec. 2, 2019 /CNW/ - Canopy Growth
Corporation (TSX: WEED) (NYSE: CGC) ("Canopy Growth" or the
"Company") is pleased to announce the next phase of its Tweed
CollectiveTM program, a social impact initiative founded
on the principles of sharing economic opportunities, helping to
create a greener future and fostering connectivity within
communities.
Canopy Growth previously announced its commitment that over 4
years it would devote $20 million
towards social purpose initiatives in communities across
Canada. Through Tweed Collective,
Canopy Growth is giving back while also building awareness,
understanding and valued relationships with stakeholders, partners,
and customers while being mindful of the Company's role in society
and as community members and neighbours.
Today, Canadian non-profits, registered charities and business
improvement areas are invited to submit their innovative, impactful
projects at tweedcollective.com to be considered for support. The
application window will be open for 60 days beginning December 2, 2019.
"Tweed Collective is our commitment to building on our legacy of
making a positive impact in all the communities we call home,"
commented Hilary Black, Chief
Advocacy Officer, Canopy Growth. "We believe that cannabis is a
force for good and we hope to lead the industry to help solve
social issues that are important for Canadians."
To illustrate the types of projects and programs Tweed
Collective is looking to support, Canopy Growth is pleased to
announce the first three charities funded through the program.
These organizations are transforming the way Canadians live and
work in meaningful ways and exemplify Tweed Collective's three
impact pillars which are:
- Grow Opportunities: Local communities prosper when
people have access to opportunity. Honouring Canopy Growth's
heritage and economic impact on Smiths
Falls, Tweed Collective invests in projects and programs
that support the development of skills that help Canadians find
their path to prosperity. In Newfoundland and New
Brunswick, Tweed Collective has partnered with the John
Howard Society to support their 'A Step Up' program which provides
courses and training certifications to help participants, many of
whom have been impacted by the criminal justice system, secure
employment and reintegrate into their communities. The John Howard
Society plays an important role in Canada through public education, community
service and pressing for reform in the criminal justice
system.
- Grow Greener: Green & clean initiatives help build
our understanding of the planet and the role that we play in
sustainability. Tweed Collective's Grow Greener impact pillar will
bring people together to learn, act and share to help create a
greener future for all. In British
Columbia, Tweed Collective has partnered with Earthwise
Society to support their 'Don't Mow, Grow!' program which utilizes
Earthwise's experience in organic growing and small-scale farming
to transform lawns of any size into eco-friendly, organic
food-growing spaces. By partnering with local residents to help
them grow food at home, Earthwise replaces resource-hungry lawns
with food gardens.
- Grow Connections: A sense of belonging brings purpose to
people's lives and is key to building vibrant communities. As
Canopy Growth has expanded, it has strived to keep that sense of
family and community that was and is a key driver to its success.
Tweed Collective supports projects that encourage connectivity
through shared interests, improved accessibility and the creation
of welcoming public spaces. In Toronto, Tweed Collective has partnered with
the Laneway Project to 'grow connections' by transforming laneways
in Toronto into vibrant spaces
that are alive with arts and culture, commerce, recreation and
community.
Visit tweedcollective.com for more details on the program and to
submit a project for consideration.
Here's to Future Growth (and growing good together).
About Tweed
Tweed is a globally recognized
cannabis brand and subsidiary of Canopy Growth Corporation
(TSX:WEED, NYSE: CGC). It has built a large and loyal
following by focusing on quality products and meaningful customer
relationships. Tweed doesn't just sell cannabis, 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. In addition to producing industry leading, high quality,
safe cannabis products, Tweed is also leading the way in ensuring
the legal cannabis industry grows responsibly and serves as a force
for good. This includes Tweed's partnership with Uber and MADD
Canada to advance awareness on the dangers of driving high, the
creation of Hi. Society to support budtender education across the
country, and the Tweed Collective who is investing in social,
responsible initiatives that will transform where and how Canadians
live in meaningful ways. These are just a few of the ways Tweed is
helping advance this incredible new industry. Learn more
at www.tweed.com.
About Canopy Growth CorporationCanopy Growth (TSX:WEED,
NYSE:CGC) 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.
Canopy Growth's medical division, Spectrum Therapeutics is
proudly dedicated to educating healthcare practitioners, conducting
robust clinical research, and furthering the public's understanding
of cannabis, and has devoted millions of dollars toward cutting
edge, commercializable research and IP development. Spectrum
Therapeutics sells a range of full-spectrum products using its
colour-coded classification Spectrum system as well as single
cannabinoid Dronabinol under the brand Bionorica Ethics.
Canopy Growth operates retail stores across Canada under its award-winning Tweed and Tokyo
Smoke banners. Tweed is a globally recognized cannabis brand which
has built a large and loyal following by focusing on quality
products and meaningful customer relationships.
From our historic public listing on the Toronto Stock Exchange
and New York Stock Exchange to our continued international
expansion, pride in advancing shareholder value through leadership
is engrained in all we do at Canopy Growth. Canopy Growth has
established partnerships with leading sector names including
cannabis icons Snoop Dogg and Seth
Rogen, breeding legends DNA Genetics and Green House Seeds,
and Fortune 500 alcohol leader Constellation Brands, to name but a
few. Canopy Growth operates eleven licensed cannabis production
sites with over 10.5 million square feet of production capacity,
including over one million square feet of GMP certified production
space. 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 project support. 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 impact pillars, and such
risks contained in the Company's annual information form dated
June 25, 2019 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 Tweed Inc.