Canopy new products not good for Hexo - look out below
Canopy Growth's Deep Space Brand Expands Product Offering with New 10mg THC-infused Beverage Flavour and 10mg THC-infused Deep Space XPRESS Gummies
10mg THC-infused beverage and Deep Space XPRESS gummies deliver new flavours and innovation to meet growing consumer demand for higher potency products.
SMITHS FALLS, ON, Nov. 3, 2021 /CNW/ - Canopy Growth Corporation ("Canopy Growth" or "the Company") (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis, hemp, and cannabis device company, today announced two new product offerings from its Deep Space brand - Limon Splashdown, a lemon-lime flavour that extends the existing 10mg THC-infused beverage offering, and Deep Space XPRESS, the company's first single 10mg THC gummy offering in Canada.
Limon Splashdown, the new 10mg THC-infused lemon-lime beverage from Deep Space is an addition to the brand's original cola flavour, appealing to adult consumers who are seeking a citrus soda flavour. 10mg THC beverages account for 45 per cent of total infused-beverage sales(1) in Canada, and Deep Space original cola is currently a top 5 overall infused-beverage SKU in the Canadian recreational cannabis market(2) .
The cannabis-infused gummy market continues to grow, accounting for more than 71 per cent of all edibles purchased in North America,(3) and Canopy Growth continues to focus on innovation within the category. Deep Space XPRESS marks Canopy's first single 10mg THC-infused gummy in the Canadian market, offering maximum legal potency per gummy. Deep Space XPRESS will be available in both the original Deep Space cola and Limon Splashdown flavours, designed deliberately to match the popular beverage flavours, in a new gummy format.