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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
Comment by Iminlongon Sep 23, 2018 9:52pm
164 Views
Post# 28674840

RE:RE:Highlights of CGC and CB Agreement as posted

RE:RE:Highlights of CGC and CB Agreement as postedHi Investor1964. Under the "Investors" section on CG's website, there is a great 17 page PowerPoint presentation on the Partnership with CB. On page 4 of the Presentation titled "How it Started", they highlight that the Oct 2017 Agreement granted CB "exclusive rights to Cannabis based beverages". Then, on page 14 of the Presentation, titled " The Transaction", under "Other Key Terms", they highlight the points about CG's management team being retained to lead the company and that the Oct 2017 commercial Agreement for non-alcoholic beverages is being terminated. That would make sense since CB is focused in the categories of beer, wine and spirits. They are not focused in the area of soft drinks, water, energy drinks etc. I apologize for not being clear- a bit tired. I obviously haven't seen the actual commercial Agreement and without getting too personal, my area of expertise and work for 25 years was heavily focused on drafting and negotiating significant licensing agreements in various Industries for high profile organizations. I can guarantee neither party is looking to handcuff the other but they do need to block out their Industry competitors. Cheers. 
Bullboard Posts