CANADA – After months of preparation and expansion, Canopy Growth Corporation is now gearing up to supply the Canadian market with a variety of innovative cannabis products.
Canopy Growth, a leading diversified cannabis company has unveiled its new portfolio of cannabis 2.0 products, including its Distilled Cannabis concept, chocolates, vape cartridges and vape pens in Toronto, Canada.
The company has partnered with Hummingbird Chocolate, in developing state-of-the-art chocolate factory, which is now fully operational in addition to a 150,000 square feet beverage facility located in Smiths Falls, Ontario.
The beverage facility was developed in partnership with Constellation Brands.
Canopy Growth said that Constellation provided expertise and support in constructing and operating the world-class facility, from building design to equipment selection to staffing requirements.
Canopy begun production of cannabis-infused beverages at the facility this month, after the company received an operating and secure storage licence from Health Canada.
With the approval and subsequent commencement of production, the company said it is well positioned to begin shipping beverage inventory in Canada.
“With the coming of Cannabis 2.0, our goal is to provide customers with the best quality products, and I truly believe through the hard work and dedication of our team, we have delivered just that,” said Mark Zekulin, CEO, Canopy Growth.
“Since our first medical sale in 2014, we’ve been focused on innovation and quality, and now we’re expanding that with the launch of our game-changing recreational beverages, chocolates, and vapes.”
Canopy Growth’s industry-leading platform across Canada includes over 10.5 million square feet of existing, fully licensed production capacity, brands, a network of licenced retail stores, and a proven track record as a globally leading cannabis company.
In addition to establishing scaled infrastructure, the development of protectable intellectual property has always been a priority for Canopy Growth.
To date, the company, including through its subsidiaries, holds over 130 patents and has filed more than 330 patent applications
The company believes that cannabis infused beverages have the potential to introduce an entirely different demographic to the cannabis category by presenting a familiar product format and an onset time akin to beverage alcohol.
In the Canadian market, Canopy Growth joins Fluent Beverage Company a joint venture company between AB InBev and Tilray which has unveiled plans of commercializing non-alcoholic CBD- infused drinks in Canada.