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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining 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 range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Bullboard Posts
Post by JordanDunniganon May 31, 2017 3:18pm
192 Views
Post# 26307492

Details on WEED facility expansion

Details on WEED facility expansionI'm not sure what others have gleamed from other news releases, but I am encouraged by this article that quotes Mr. Bruce. https://www.newswire.ca/news-releases/tweed-updates-that-it-did-not-light-up-625282603.html SMITHS FALLS, ON, May 30, 2017 /CNW/ - Tweed is pleased to provide the following update with respect to an incident requiring emergency fire response at its flagship 40 acre Smiths Falls campus on May 29th, 2017 that was reported locally in media. Alas, nothing very exciting happened except some smoke on the construction side of its facility, having no impact on staff, plants or the facility except some unfortunate time spent standing in the rain during the fire alarm. That said, smoke is always scary at the time. The issue was caused by contractor work presently underway as part of the expansion construction to bring Tweed's current 168,000 square foot facility to a full 470,000 square feet. While we haven't done construction updates every week we are expanding rapidly across all platforms, as you'd expect. Thanks to the Smiths Falls Fire Department, the issue was dealt with very quickly. Following the relevant safety precautions, Canopy Growth's workforce was cleared to return to work within 15 minutes. There were no injuries and work on the affected portion of the building will resume today. Bruce Linton, CEO of CGC commented, "There's urgency to all of our expansion projects, but this isn't exactly the kind of fire I wanted lit under our contractor's asses. I'm thankful nobody was hurt and look forward to seeing the project through to completion as we ensure sufficient access for our patients and future customers over the coming years."
Bullboard Posts