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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

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Post by SquishyIncon Aug 08, 2017 5:20pm
365 Views
Post# 26558357

More Confirmation on David Bigioni - Article

More Confirmation on David Bigioni - ArticleLooking forward to Davids' contribution. Imo, his biggest challenge to start will be developing a somewhat cohesive and coherent strategy for the domestic and international markets, while at the same time bringing each Canopy brand into it's own and differentiating between them. He's gonna be the grand muchacho, and will have something to say about every aspect of CGCs's relationship with its' various markets, including online presence, social media etc, and working every angle open to him to develop and market our product. He's got a hell of an exciting challenge ahead of him. Welcome to Canopy, Dave!

David Bigioni joins marijuana company Canopy Growth

The former MolsonCoors VP on how to build a not-yet-legal brand.

Molson Coors Canada Vice President of Marketing David Bigioni.

David Bigioni has been a fixture on MolsonCoors’ marketing and sales teams since he joined as a brand director in 2008 and helped lead Molson Canadian back to the forefront of beer marketing in Canada. However, Bigioni, most recently vice president of sales, has decided to move to a new and burgeoning Canadian industry – marijuana.

Tuesday marks his first day at Canopy Growth as the new CMO, overseeing about a dozen marketers across a number of brands.

“It’s an exciting industry that’s at its birth as a legal market,” Bigioni told strategy. “It’s an opportunity to shape how this industry will grow and develop both in Canada and around the world.”

Canopy currently markets its brand Tweed in the medical marijuana field, alongside partnered brands such as Snoop Dog and DNA Genetics. In many ways, the challenges and opportunities are the same as being a marketer in a regulated industry such as beer.

But as recreational legalization is still some time away (it’s expected in summer 2018), Bigioni is now building brands for products that can’t yet reach the broad consumer market. (Tweed and the other Canopy brands are only available to those Canadians with prescriptions.)

While less than 24 hours on the job and hesitant to say too much before getting to know his new employer a little better, Bigioni said the legalization challenge doesn’t change the fundamentals of brand building “as far as having a clear sense of purpose, clarifying your role within culture and how you define your target groups.

“The principles that apply at Molson or any other business will apply in this market,” he said.

In marketing marijuana brands among doctors and patients on the medical-use side of the business, Canopy has a fairly direct connection with customers. Those with a prescription register with approved growers like Canopy, setting up a one-to-one relationship through Canada Post’s home delivery services.

While the e-commerce channel is new to the now-former beer marketer, Bigioni said he’ll be able to fall back on a lot of his MolsonCoors experience in helping Canopy grow. “A lot of the rules are still being written, but it’s going to behave like a regulated industry. The routes to market will vary by province… We’ll be dealing with customers similar to the LCBO or liquor boards across the country.”

Bigioni is not the first senior brand executive to leave MolsonCoors this year. The company recently named a new CMO, Martin Coyle, following the June departure of Christine Jakovcic.

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