Canopy Growth Corp. (
TSX.WEED) – the world’s largest cannabis producer – announced Southern Glazer's Wine & Spirits – “the world's pre-eminent distributor of beverage alcohol” – as the distribution partner for its U.S. portfolio of CBD-infused beverages. This partnership announcement follows the recent launch of Quatreau – Canopy's first line of CBD-infused beverages sold in the U.S market.
Canopy said on that Southern Glazer's Wine & Spirits will distribute the non-intoxicating drinks in seven U.S. states, with plans to expand into more regions over the coming months.
Julious Grant, Chief Commercial Officer for Canopy Growth, commented:
"Through this groundbreaking partnership, we will leverage Southern Glazer's established distribution network to bring our CBD beverage portfolio to retailers and consumers across the U.S. market. The leadership team at Southern Glazer's shares our values, priorities, and future-forward view of the category. Together, we are committed to creating an immediate strategic route to market for Canopy's premium CBD beverages."
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