Four new Tweed strains available through an
agreement with Portugal-based
Gro-Vida
Tweed Glitter Bomb strain launched in
December 2024 through an agreement
with German-based Cansativa
SMITHS
FALLS, ON, Feb. 27, 2025 /PRNewswire/ - Canopy Growth
Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ:
CGC), a world-leading cannabis company dedicated to unleashing the
power of cannabis to improve lives, has officially launched its
Tweed brand in the German medical cannabis market, including the
availability of four new Tweed strains grown in the EU
through an agreement with Gro-Vida
S.A (Gro-Vida), a Portuguese medical cannabis
cultivator.
Born in Canada more than a
decade ago, Tweed has a proud history in both adult-use and medical
markets globally. This expanded launch of the brand in Germany will provide medical patients access
to Jack Herer, a new
sativa-dominant strain; Balanced Caramel and Wappa,
two indica-prominent strains; and Gelato 33, a balanced
hybrid strain – helping meet the growing demand from patients for
higher-THC genetics.1
"As a leader in medical cannabis, Canopy Growth is expanding its
German product lineup with the launch of the Tweed brand as well as
new genetics to meet the growing needs of patients and healthcare
practitioners," said Luc Mongeau,
CEO, Canopy Growth. "Through strategic agreements with EU-based
cultivators and continued supply from our EU-GMP facility in
Canada, Canopy Growth is focused
on delivering a consistent, reliable flower supply enabling
healthcare practitioners to confidently prescribe Tweed for
patients across Germany."
This builds on Tweed's initial introduction of Glitter
Bomb, an indica dominant high THC strain to the German medical
market earlier in December 2024
through an agreement with Cansativa GmbH (Cansativa), a
vertically integrated German cannabis cultivator and
distributor.
For more information, visit www.canopymedical.de
____________________________
1 Source: Insight Health, 'Higher THC Strains Driving
Growth', L12M Period Ending December 2024.
|
About Canopy Growth
Canopy Growth is a world leading cannabis company dedicated to
unleashing the power of cannabis to improve lives.
Through an unwavering commitment to consumers, Canopy Growth
delivers innovative products from owned and licensed brands
including Tweed, 7ACRES, DOJA, Deep Space, and Claybourne, as well
as category defining vaporization devices by Storz & Bickel. In
addition, Canopy Growth serves medical cannabis patients globally
with operations in Canada,
Germany, Poland, and Australia.
Canopy Growth has also established a comprehensive ecosystem to
realize the opportunities presented by the U.S. THC market through
an unconsolidated, non-controlling interest in Canopy USA. Canopy USA's portfolio includes ownership of Acreage
Holdings, a vertically integrated multi-state cannabis operator
with operations throughout the U.S. Northeast and Midwest, as well
as ownership of Wana Brands, a
leading North American edibles brand, and majority ownership of
Jetty Extracts, a California-based
producer of high-quality cannabis extracts and clean vape
technology.
At Canopy Growth, we're shaping a future where cannabis is
embraced for its potential to enhance well-being and improve lives.
With high-quality products, a commitment to responsible use, and a
focus on enhancing the communities where we live and work, we're
paving the way for a better understanding of all that cannabis can
offer.
For more information visit www.canopygrowth.com.
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SOURCE Canopy Growth Corporation