Canadian cannabis market leader introduces new
offerings across its house of brands – 7ACRES, Ace Valley, Deep
Space and Doja
SMITHS
FALLS, ON, May 20, 2022 /CNW/ - Canopy Growth
Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ:
CGC), a world-leading diversified cannabis, hemp, and cannabis
device company, today unveiled a line-up of new offerings across
its premium brand portfolio – 7ACRES, Ace Valley, Deep Space and
Doja. With select products releasing just in time for the first
long weekend of the summer, including the release of its first
large format premium flower offering for the recreational market,
Doja 91K 14g, this new line-up builds
on the Company's continued commitment to product innovation and
meeting evolving consumer demand, while cementing Canopy's
leadership position in the premium flower market.
"We are continuing our commitment to product innovation,
tirelessly evolving our portfolio to provide consumers with the
quality and variety of products they crave," said Julian Cohen, Chief Innovation Officer at Canopy
Growth. "Our new infused pre-rolls from 7ACRES and first large
format offering from Doja are both excellent examples of how
consumer and customer insights are driving our innovation strategy.
We're excited to weave these insights and our premium product
attributes into our new product releases."
7ACRES
7ACRES unveiled two new premium flower offerings: 7ACRES Lemon
Zkltz 3.5g, which features light green colouration with pink
pistils and dense structure, pungent and complex aromas that
transfer to robust flavour for a super smooth taste experience, and
7ACRES Jack Haze Bubble Hash Infused pre-roll joints. Made using a
true-to-flower infusion of Jack Haze Bubble Hash, these pre-rolls
deliver high potency and increased flavour for an elevated smoking
experience. These products come on the heels of the Know the Grow
ten-video educational content series, which provides Canadians with
an inside look at the talent, genetics and grow techniques behind
the 7ACRES brand and flower portfolio.
Ace Valley
The Ace Valley brand portfolio continues to expand with the
release of Ace Valley Wappa 3x 0.5g pre-rolled joint which comes in
new recyclable and reusable packaging and boasts a pleasant, fruity
aroma and flavour. Ace Valley is expanding its vape offering with
Orange Frosty Live Terp Sauce 1g 510 cartridge, offering a blend of
live terp sauce, extracted from fresh, flash-frozen cannabis
flower, and high purity THC distillate with citrusy, sweet orange
flavours that are perfect for daytime.
Deep Space
In the beverage category, Deep Space released two bold new
flavours: Orange Orbit and The Grape Unknown. Both full-flavoured,
cannabis-infused carbonated beverages deliver a nostalgic taste
with a unique flavour twist iconic to Deep Space. Fueled by 10mg of
THC in every recyclable 222ml can, these new flavours are potent
and ready to drink.
Doja
Doja introduced three new offerings for craft cannabis
connoisseurs: Doja Legendary Larry, an indica-dominant strain, hang
dried and hand finished, featuring mossy green and dense buds with
a layer of icy trichomes and now available as a long-term offering
in 3.5g of flower and 3 x 0.5g pre-rolled joints; Doja Garlic Chem
3.5g, an indica-leaning hybrid strain available for a limited time
only and influenced by the high-quality cultivation techniques
found in British Columbia's
Okanagan Valley, featuring dense and colourful buds that possess a
gassy and garlic combination of aromas and flavours; and Doja
91K 14g, which emits a deep, dank
terpene profile that includes myrcene, linalool and limonene, and
is the brand's first premium large format offering for the
recreational market.
These new offerings are available for purchase via legal
recreational cannabis retail locations and e-commerce channels,
with select products available for a limited time only, including
the 7ACRES Lemon Zkltz 3.5g, Ace Valley Orange Frosty Live Terp
Sauce 1g 510 cartridge and Doja Garlic Chem 3.5g.
About Canopy Growth
Corporation
Canopy Growth (TSX:WEED, NASDAQ:CGC) is a world-leading
diversified cannabis and cannabinoid-based consumer product
company, driven by a passion to improve lives, end prohibition, and
strengthen communities by unleashing the full potential of
cannabis. Leveraging consumer insights and innovation, we offer
product varieties in high-quality dried flower, oil, softgel
capsule, infused beverage, edible, and topical formats, as well as
vaporizer devices by Canopy Growth and industry-leader Storz &
Bickel. Our global medical brand, Spectrum Therapeutics, sells a
range of full-spectrum products using its colour-coded
classification system and is a market leader in both Canada and Germany. Through our award-winning Tweed and
Tokyo Smoke banners, we reach our adult-use consumers and have
built a loyal following by focusing on top quality products and
meaningful customer relationships. Canopy Growth has entered into
the health and wellness consumer space in key markets including
Canada, the United States, and Europe through BioSteel sports nutrition, and
This Works skin and sleep solutions; and has introduced additional
federally-permissible CBD products to the
United States through our First & Free and Martha
Stewart CBD brands. Canopy Growth has an established partnership
with Fortune 500 alcohol leader Constellation Brands. For more
information visit www.canopygrowth.com.
Notice Regarding Forward-Looking
Information
This press release contains "forward-looking statements" and
"forward-looking information" within the meaning of applicable U.S.
and Canadian securities laws (collectively, "forward-looking
statements"), which involve certain known and unknown risks and
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Forward-looking statements are necessarily based upon a number of
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to Canopy Growth Corporation ("Canopy") can be found under the
section entitled "Risk Factors" in Canopy's Annual Report on Form
10-K for the year ended March 31,
2021, filed with the Securities and Exchange Commission and
with applicable Canadian securities regulators, as such factors may
be further updated from time to time in its periodic filings with
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securities regulators, which can be accessed at
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factors should not be construed as exhaustive and should be read in
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SOURCE Canopy Growth Corporation