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SOURCE Canopy Growth Corporation
SMITHS FALLS, ON, Nov. 7, 2017 /CNW/ - Canopy Growth Corporation (TSX: WEED) ("Canopy Growth" or "the Company") today announced that it has signed a definitive licensing agreement with Farm to Farma Inc. ("FTF") for FTF's innovative Trokie®lozenges. Under this licensing agreement, Canopy Growth will have the exclusive right to manufacture and distribute FTF's Trokie® lozenges through its subsidiaries in Canada, as permitted by federal regulations, and shall have a first right of offer for all other countries where federally lawful, and excluding the United States.
Developed by a Doctor of Pharmacy, Trokie® lozenges have been developed to deliver a consistent and repeatable dose of cannabis to its users. Trokie® features the most used polymer-based drug delivery system which allows for a zero-calorie product that avoids most common food allergies. There is no gluten, nuts, artificial flavours or colours, and the product meets vegan standards, utilizing many organic/natural ingredients.
"We are very pleased to have entered into this license agreement for the Trokie®lozenges, a cannabis product that we believe has broad medical and legal adult access market opportunities," said Mark Zekulin, President, Canopy Growth Corporation. "We are confident value-added consumer products will drive higher margins and we will continue to look for thought leaders like Farm to Farma to expand our product offerings."