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Canopy Growth Corp T.WEED

Alternate Symbol(s):  CGC | T.WEED.DB

Canopy Growth Corporation is a cannabis and consumer packaged goods (CPG) company. The Company delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution, and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a diverse range of cannabis, hemp, and cannabis products in Canada. Its Rest-of-world cannabis segment includes the production, distribution, and sale of a diverse range of cannabis and hemp products internationally. Its Storz & Bickel segment includes the production, distribution, and sale of vaporizers.


TSX:WEED - Post by User

Bullboard Posts
Post by Iminlongon Sep 23, 2018 7:04pm
328 Views
Post# 28674317

Highlights of CGC and CB Agreement as posted

Highlights of CGC and CB Agreement as postedSome posters have raised some good points regarding the August Agreement with CB. From the Presentation posted on CGC's website, the August 2018 Agreement states the following: 1. Current Canopy management will be retained to lead the company. This means CB recognizes Canopy's expertise. 2. The October 2017 agreement granted CB exclusive rights to all cannabis based beverages. The new August 2018 Agreement terminated that clause. The August 2018 agreement  excludes non-alcoholc beverages. This means Canopy can negotiate with companies such as Coke for rights associated with non-alcoholic based beverages as I suspected and posted earlier. 3. The new August 2018 agreement says Canopy will be CB's sole platform into the cannabis category and CB agrees not to participate in the cannabis category in any other way. This implies CB would not circumvent the agreement by negotiating with, for instance, Coke to produce a non-alcoholic cannabis based beverage as this would undermine the 2018 agreement. Hope this is helpful. 
Bullboard Posts