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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
Comment by investor1964on Sep 23, 2018 8:14pm
90 Views
Post# 28674529

RE:Highlights of CGC and CB Agreement as posted

RE:Highlights of CGC and CB Agreement as postedBy non-alcoholic I assume you mean "simulated" non-alcoholic beverages since it is not allowed to combine alcohol and cannabis. Any way to post an excerpt from that agreement or tell us the page number?
thx

Iminlong wrote: Some posters have raised some good points regarding the August Agreement with CB. From the Presentation posted on CGC's website, the August 2018 Agreement states the following: 1. Current Canopy management will be retained to lead the company. This means CB recognizes Canopy's expertise. 2. The October 2017 agreement granted CB exclusive rights to all cannabis based beverages. The new August 2018 Agreement terminated that clause. The August 2018 agreement  excludes non-alcoholc beverages. This means Canopy can negotiate with companies such as Coke for rights associated with non-alcoholic based beverages as I suspected and posted earlier. 3. The new August 2018 agreement says Canopy will be CB's sole platform into the cannabis category and CB agrees not to participate in the cannabis category in any other way. This implies CB would not circumvent the agreement by negotiating with, for instance, Coke to produce a non-alcoholic cannabis based beverage as this would undermine the 2018 agreement. Hope this is helpful. 


Bullboard Posts