New Product Line Features A Range of Naturally
Flavoured Cannabis-Infused Sparkling Waters In Both CBD-only and
Balanced (CBD + THC) Offerings
SMITHS FALLS, ON, Nov. 5, 2020 /CNW/ - Canopy Growth Corporation
("Canopy Growth" or "the Company") (TSX:WEED)
(NYSE:CGC), a world-leading diversified cannabis, hemp, and
cannabis device company, today announced the launch of
Quatreau, a new line of premium CBD-infused beverages. The
naturally flavoured sparkling waters are Canopy Growth's first
CBD-infused drinks, with both CBD-only and "balanced" (CBD + THC)
offerings available in Canada.
Launched on the heels of incredible growth in sales from the
Company's THC-infused beverages, released earlier this year, Canopy
Growth is uniquely positioned to win market share in the CBD
beverage space.
"We are proud to debut our first CBD-infused beverage brand in
Canada, where we already lead the
cannabis-infused beverage category, at a price point that delivers
both quality and value to consumers," said David Klein, CEO, Canopy Growth. "We
created Quatreau as an alternative to sugary, caffeinated beverages
or even alcohol. With both CBD-only and "balanced" (CBD + THC)
offerings in four natural flavours, Quatreau meets the needs
of discerning cannabis consumers."
Canopy Growth plans to continue developing category leading
brands that are driven by consumer insights, product-focused, with
industry leading scientific formulation. Building on the successful
launch and strong sales of THC-infused cannabis beverage brands
Tweed, Houseplant and Deep Space, Canopy is poised to
continue leading the cannabis space with the launch of Quatreau
CBD-infused sparkling water, a consistent CBD product in a beverage
format that is familiar to consumers.
Quatreau's naturally flavoured Canadian product line includes
four offerings named:
- Quatreau Cucumber + Mint (contains 20 mg of CBD and < 1 mg
of THC)
- Quatreau Passion Fruit + Guava (contains 20 mg of CBD and <
1 mg of THC)
- Quatreau Ginger + Lime (contains 2 mg of CBD and 2 mg of
THC)
- Quatreau Blueberry + Açai (contains 2 mg of CBD and 2 mg of
THC)
For more information, visit www.quatreauwater.com
About Canopy Growth Corporation
Canopy 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'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 international expansion, pride
in advancing shareholder value through leadership is ingrained 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, as well as lifestyle
guru Martha Stewart and Fortune 500
alcohol leader Constellation Brands, to name but a few. For more
information visit www.canopygrowth.com.
Notice Regarding Forward Looking Statements
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release contains "forward-looking statements" and "forward-looking
information" within the meaning of applicable U.S. and Canadian
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to Canopy Growth Corporation ("Canopy") can be found under the
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10-K for the year ended March 31,
2020, filed with the Securities and Exchange Commission and
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SOURCE Canopy Growth Corporation