"Know the Grow" educational series
celebrates the plant, genetics, grow techniques and talent behind
one of Canada's top premium flower
brands
SMITHS FALLS, ON, April 5, 2022 /CNW/ - Canopy Growth
Corporation ("Canopy Growth" or "the Company") (TSX:
WEED) (NASDAQ:CGC), a world-leading diversified cannabis, hemp, and
cannabis device company, is unveiling its 7ACRES Know the
Grow content series, providing Canadians with an inside look at
the talent, genetics and grow techniques behind the brand and
flower portfolio. The ten-video series is broken into three
chapters: the 7ACRES Kincardine Facility, Growing Techniques, and
7ACRES Craft Collective + Future Vision, with each episode diving
into a different element of production. The series launched in
mid-February and releases a new episode weekly via the 7ACRES.com
blog, The Stash, as well as on the 7ACRES Instagram channel,
@7acresmj. The tenth and final episode will go live on the cannabis
community's most celebrated occasion, 4/20.
"We're a brand grown by enthusiasts, for enthusiasts, and we're
excited to share our recipe for premium flower production with the
industry, from whole plant hang drying and hand polishing flower to
thoughtfully selecting each genetic through intensive phenotypes to
ensure consumers are receiving the best expression of each
cultivar," said Melanie Carruthers,
Master Grower, 7ACRES.
"As part of our ongoing commitment to consumer education, the
7ACRES Know the Grow series brings the cannabis community
into our state-of-the-art hybrid greenhouse facility to gain an
in-depth understanding of the great lengths our growers go to
nurture and care for the plants, creating a perfect ecosystem for
each unique strain," said Kelly
Olsen, Vice President, Global Flower Business, Canopy
Growth. "As Canada's premium
flower market leader, we are committed to showcasing the rigor and
care that goes into producing 7ACRES high-quality flower
and the attributes that set its premium flower apart, such as
trichome density, robust flavor, pungent aromas and terpenes."
The Canadian premium flower market continues to grow, accounting
for more than 24 percent of all recreational market flower sales
across Canada in FY221,
the 7ACRES team is committed to breaking new ground in cannabis
advancement and continuing to deliver on consumer demand for
high-quality flower, with several sought-after strains launching in
the Canadian recreational market in the coming months.
To watch the Know the Grow series and learn more about
7ACRES' respect for the plant, visit www.7ACRES.com/the-stash, or
follow along on Instagram.
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
uncertainties. Forward-looking statements predict or describe our
future operations, business plans, business and investment
strategies and the performance of our investments. These
forward-looking statements are generally identified by their use of
such terms and phrases as "intend," "goal," "strategy," "estimate,"
"expect," "project," "projections," "forecasts," "plans," "seeks,"
"anticipates," "potential," "proposed," "will," "should," "could,"
"would," "may," "likely," "designed to," "foreseeable future,"
"believe," "scheduled" and other similar expressions. You are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date the statement was made.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management, are inherently subject to significant business,
economic and competitive risks, financial results, results,
performance or achievements expressed or implied by those
forward-looking statements and the forward-looking statements are
not guarantees of future performance. Accordingly, there are or
will be important factors that could cause actual outcomes or
results to differ materially from those indicated in these
statements. A discussion of some of the material factors applicable
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
the Securities and Exchange Commission and with applicable Canadian
securities regulators, which can be accessed at
www.sec.gov/edgar and www.sedar.com,
respectively. These factors should not be construed as exhaustive
and should be read in conjunction with the other cautionary
statements that are included in this press release and in the
filings. Any forward-looking statement included in this press
release is made as of the date of this press release and, except as
required by law, Canopy disclaims any obligation to update or
revise any forward- looking statement. Readers are cautioned not to
put undue reliance on any forward-looking statement.
Forward-looking statements contained in this press release are
expressly qualified by this cautionary statement.
References:
1. CGC Internal Data, January –
October 2021, calculated using
internal proprietary market share tool that utilizes point of sales
data supplied by a third-party data provider, government agencies
and our own retail store operations across the country.
SOURCE Canopy Growth Corporation