New premium flower offerings from 7ACRES and
Doja drop in retail locations this summer
SMITHS
FALLS, ON, July 28, 2022 /PRNewswire/ - Canopy
Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED)
(NASDAQ: CGC), a world-leading diversified cannabis and
cannabinoid-based consumer product company, today announced several
new additions to its premium flower portfolio. Perfect for both
staycations and weekends away, the new premium flower offerings
from 7ACRES and Doja demonstrate Canopy Growth's commitment to
continued innovation and strengthen its leading position in the
premium flower category.
Leveraging insights that 85% of cannabis consumers consider
product quality to be an important factor in their
purchasing decision,1 the Company is releasing a range
of new, premium flower offerings throughout the summer from 7ACRES
and Doja, two premium brands renowned for their commitment to
producing high quality cannabis. With these new releases, Canopy
expands its premium flower options that deliver on the quality,
genetics, and innovation that cannabis connoisseurs demand.
Grown by enthusiasts, for enthusiasts, 7ACRES is committed to
producing the best premium cannabis for the community and is
continuously focused on updating and innovating cultivation and
improving processing techniques, with each harvest striving for
better aroma, appearance, size, and flavour. The brand's spirit of
continuous improvement was evident in its early-summer release of
Jack Haze Bubble Hash Infused pre-roll joints, the brand's first in
this format. The latest releases from 7ACRES include 7ACRES
Platinum Kush Breath, a new 3.5g dried flower offering with a
unique aroma and flavour profile, and a new infused pre-rolled
joint offering made with 7ACRES Papaya flower and bubble hash.
Doja, a top-selling brand born in British Columbia and known for its premium,
hand-crafted flower, cultivates cannabis using methods true to its
decades-long legacy of growing in BC's Okanagan Valley. One of its
top-selling strains, Doja 91K,
recently became available in 14g, the brand's first-ever large
format premium offering for the recreational market, driven by high
customer demand. The latest releases from Doja include three new
3.5g flower offerings with high potency and flavourful aroma: Doja
OG Deluxe, Doja Fresh Biscotti, and Doja Okanagan Grown Blackberry
Cream.
"Cannabis connoisseurs know what they want: premium products
that over-deliver on aroma and flavour, while still hitting the THC
mark," said Julian Cohen, Chief
Innovation Officer at Canopy Growth. "Our focus on innovation
allows us to give consumers the enhanced quality attributes and
range of products they're looking for. As Canadians from
coast-to-coast prepare for the long weekend, we're excited to offer
them new premium options to enjoy at home or at their favourite
summer destination."
Canopy Growth's new premium flower offerings will arrive in
retail cannabis locations and on eCommerce sites across
Canada throughout the summer, with
select products available in certain regions and for a limited time
only. A full product list with descriptions can be found below.
- 7ACRES Platinum Kush Breath 3.5g: 7ACRES Platinum Kush
Breath is a high THC, high terpene indica-dominant hybrid with a
beautiful dense bud structure and abundant trichome coverage. This
cultivar exhibits a flavourful and complex aromatic profile of
sweet lemon, fruity berry, funky earth, and a hint of black
pepper.
- 7ACRES Papaya Bubble Hash Infused Pre-Rolled Joints
(1g): 7ACRES Papaya Bubble Hash Infused Pre-Rolls are made
using an infusion of Papaya bubble hash to deliver a pre-roll with
boosted potency and increased flavour for an elevated smoking
experience. This infusion emboldens Papaya's tropical flavour
profile of exotic fruits and earthy spice.
- Doja OG Deluxe 3.5g: Doja OG Deluxe is a high THC hybrid
strain bred from a unique lineage of OGKB x Triangle Kush crossed
with Triangle Kush x Josh D OG. This cultivar's terpene profile is
highlighted by dominant amounts of terpinolene and caryophyllene.
This strain emits a fruity, gassy, and spicy aroma profile with
heavy OG characteristics.
- Doja Fresh Biscotti 3.5g: Doja Fresh Biscotti is an
exotic hybrid strain created by crossing Fresh Water Taffy and
Biscotti Sundae. This cultivar is known to have a hoppy, citrusy,
and peppery aroma, with the dominant terpenes including myrcene and
caryophyllene.
- Doja Okanagan Grown Blackberry Cream 3.5g (exclusive to
British Columbia): Doja Okanagan
Grown Blackberry Cream is an exotic indica-dominant cross of
Blackberry Kush and Cookies N Cream. This cultivar is known to
produce purple-toned buds with amber pistils. This high-THC
cultivar features a sweet, blackberry and creamy aroma
profile.
About Canopy Growth
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, Canopy
Growth offers 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. Canopy Growth's 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 Canopy Growth's
award-winning Tweed and Tokyo Smoke banners, Canopy Growth reaches
its adult-use consumers and has 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 hemp derived CBD products to the
United States through its First & Free and Martha Stewart
CBD brands. Canopy Growth has an established partnership with
Fortune 500 alcohol leader Constellation Brands.
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,
2022, 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.
1 CGC Internal Data, 2021 Canada Shopper Journey
View original content to download
multimedia:https://www.prnewswire.com/news-releases/canopy-growth-announces-new-premium-flower-line-up-perfect-for-summer-staycations-and-weekends-away-301595300.html
SOURCE Canopy Growth Corporation