SMITHS FALLS, ON, April 13, 2017 /CNW/ - Later today the
Canadian government is expected to table legislation intended to
end decades of cannabis prohibition. Looking forward to a legal
recreational market made up of an ecosystem of new and exciting
businesses, many of which will be introducing themselves to
Canadians and their communities for the first times, Canopy Growth
wishes to take the opportunity to provide an update on its social
responsibility programs.
In addition to numerous donations to local cultural and
health-based initiatives, Canopy Growth has previously committed
that $1 per bottle of cannabis oils
sold through its subsidiaries will be allocated to address issues
that are unique to cannabis consumption. Through this
dedicated fund, Canopy Growth has already provided resources to the
Canadian Drug Policy Coalition (CPDC) and Mothers Against Drunk
Driving Canada in order to create safe driving campaigns to address
the important issue of driving under the influence of cannabis. We
know that this is an important issue in the context of legalized
recreational cannabis use and as a company we know we need to do
our part to increase awareness through impactful, independent
evidence-based campaigns.
As a first step, CDPC conducted an in-depth evidence review and
knowledge translation. This work, led by renowned drug policy
experts Donald McPherson and
Rielle Capler, is complete and
available online. MADD Canada's television campaigns were written
with the best available research in mind and are presently in
production for airing later in the spring.
Following our acquisition of Mettrum and the launch of the Tweed
Main Street online store where patients can access all products
produced by several of Canada's
leading producers of cannabis in one location, we are pleased to
commit that the $1 per bottle
education contribution will now extend to Mettrum oil products as
well.
Moving forward, we know that too many young Canadians are
consuming cannabis and parents need resources to speak to their
children about drug use. With that in mind, the next prong of our
CSR program will focus on supporting parents and other adults to
have informed conversations with youth about the use of
cannabis.
We are proud of the work we've accomplished to date and look
forward to setting an example of how a modern cannabis producer can
play a role in reducing the stigma associated with cannabis and
ensuring that as we transition from an era of prohibition and into
an era of legal cannabis consumption, we do so in a way that has a
positive impact on Canadians and Canadian communities.
Here's to Future Growth.
About Canopy Growth Corporation
Canopy Growth is a world-leading diversified cannabis company,
offering diverse brands and curated cannabis strain varieties in
dried and oil extract forms. Through its wholly‑owned
subsidiaries, Canopy Growth operates numerous state-of-the-art
production facilities with over half a million square feet of
indoor and greenhouse production capacity. Canopy Growth has
established partnerships with leading sector names
in Canada and abroad. For more information
visit www.canopygrowth.com.
Notice Regarding Forward Looking Statements
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or state that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Canopy Growth Corporation, Tweed
Inc., Tweed Farms Inc., Mettrum Health Corp., or Bedrocan Canada
Inc. to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements. Examples of such statements include
future operational and production capacity, the impact of enhanced
infrastructure and production capabilities, and forecasted
available product selection. The forward-looking statements
included in this news release are made as of the date of this news
release and Canopy Growth Corp. does not undertake an obligation to
publicly update such forward-looking statements to reflect new
information, subsequent events or otherwise unless required by
applicable securities legislation.
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SOURCE Canopy Growth Corporation