TORONTO and SMITHS FALLS,
ON, April 12, 2019 /CNW/
- Spectrum Cannabis, a wholly-owned subsidiary of Canopy
Growth Corporation (TSX: WEED) (NYSE: CGC) ("Canopy Growth") is
pleased to announce a partnership with and endorsement from
CARP, Canada's largest and most
trusted advocacy association for aging Canadians and its print,
online, radio and TV voice, ZoomerMedia. Spectrum Cannabis will be
offering tailored educational initiatives for over 320,000
CARP members seeking more
information on medical cannabis, along with preferred pricing for
Spectrum Cannabis branded products which have received the
"CARP Recommended" seal.
Understanding the utility of medical cannabis is increasingly of
interest to older Canadians, especially its potential to displace
less-desirable drugs for both pain and cognitive function. The
appeal of Spectrum Cannabis, particularly with this demographic, is
the simplification around strength and dosage by applying a
colour-coded spectrum to categorize medical cannabis according to
THC and CBD levels.
"This partnership with CARP, an
organization dedicated to improving the lives of Canadians above
the age of 45, will help to disseminate accurate information
and quality products to a patient demographic that is highly
engaged in learning more about how medical cannabis can improve
their quality of life when conventional medicine just isn't
enough," commented Mark Zekulin,
President & Co-CEO, Canopy Growth.
"As this new therapeutic industry continues to blossom in
Canada, inaccurate and misleading
information can be very detrimental to patients' health and
well-being, as is self-medication through the recreational system.
Accordingly, Zoomers or Canadians that are 45+ are eager for
knowledge and assistance regarding medical cannabis. After
surveying the market carefully, we can confidently recommend the
medical cannabis products offered by Spectrum Cannabis. Equally
important, the company is not only devoted to the science based
medical cannabis of today, but also does research & development
into improved strains and delivery formats for the future," said
CARP President and ZoomerMedia
Founder, Moses Znaimer.
Spectrum Cannabis: Medical Cannabis. Simplified.
TM
About CARP
CARP is Canada's largest advocacy association for
Canadians As We Age. CARP has
±320,000 members and a network of chapters across the country. Most
CARP members also subscribe to
Zoomer Magazine, watch ZoomerTelevision/VisionTV, and listen to
Zoomer Radio (AM 740/96.7FM/ZoomerRadio.ca). For more information,
please visit carp.ca.
About ZoomerMedia Limited (TSXV:ZUM)
Founded in 2008
by Moses Znaimer (Citytv, CP24,
MuchMusic, Bravo! etc.), ZoomerMedia is Canada's only diversified multimedia company
devoted to creating content, services and experiences for
Canada's largest demographic -
"Zoomers" or the 16.1 million Canadians aged 45plus - on all
platforms: television, radio, print, digital, and live events.
ZoomerMedia's television properties include VisionTV, Canada's only multi-faith specialty television
service available in 9 million homes; ONETV: Get Fit, a 24-hour
fitness and health channel with yoga and exercise programs viewers
can do from home; JoyTV in Vancouver, Victoria, Surrey and the Fraser Valley; and
FAITHTV, the Nation's Faith
Station. ZoomerMedia's radio properties include The New
Classical FM (96.3 FM in the Greater
Toronto Area/103.1FM in Eastern
Ontario/102.9FM in Southern Georgian Bay), English Canada's
only commercial all-classical music radio service; and Zoomer Radio
(AM740 and 96.7FM in Downtown
Toronto), playing ZoomerHits - Music That Changed The World.
ZoomerMedia also publishes ZOOMER Magazine, the largest paid
circulation magazine in Canada for
the mature market, everythingzoomer.com - Canada's leading provider of online content
targeting the 45plus demographic, and On The Bay Magazine, a
regional lifestyle magazine published quarterly for the 20 towns
and villages of Southern Georgian Bay, Ontario. ZoomerMedia's tradeshow division
operates The ZoomerShow in Toronto
and Vancouver, Canada's largest
annual lifestyle expos and consumer shows for the 45plus, and
produces Moses Znaimer's ideaCity
conference, the 3-day Toronto-based conference celebrating its
20th anniversary this year. Both ZoomerMedia and CARP are located in The ZoomerPlex, a 2.6-acre
state-of-the-art production and live event complex in Toronto's Liberty Village.
About Spectrum Cannabis
Spectrum Cannabis, a
wholly-owned subsidiary of Canopy Growth, is dedicated to
simplifying medical cannabis for patients and healthcare
practitioners worldwide. Founded in Canada, Spectrum Cannabis operates in
Australia, South America, Africa and across Europe. Spectrum Cannabis products are
available in a wide range of potencies and formats designed to
simplify the dialogue around strength and dosage by applying a
colour-coded Spectrum to categorize medical cannabis according to
THC and CBD levels. Its product lineup includes whole flower
cannabis, oils and new innovations such as Softgels. Through
product simplification, easy dosing formats, and ongoing education
of healthcare professionals, Spectrum Cannabis is committed to
improving the lives of medical cannabis patients around the
globe.
About Canopy Growth
Canopy Growth is a world-leading
diversified cannabis and hemp company, offering distinct brands and
curated cannabis varieties in dried, oil and Softgel capsule forms.
Canopy Growth offers medically approved vaporizers through the
Company's subsidiary, Storz & Bickel GMbH & Co. KG. From
product and process innovation to market execution, Canopy Growth
is driven by a passion for leadership and a commitment to building
a world-class cannabis company one product, site and country at a
time. The Company has operations in over a dozen countries across
five continents.
The Company is proudly dedicated to educating healthcare
practitioners, conducting robust clinical research, and furthering
the public's understanding of cannabis, and through its wholly
owned subsidiary, Canopy Health Innovations ("Canopy Health"), has
devoted millions of dollars toward cutting edge, commercializable
research and IP development. Canopy Growth works with the Beckley
Foundation and has launched Beckley Canopy Therapeutics to research
and develop clinically validated cannabis-based medicines, with a
strong focus on intellectual property protection. Canopy Growth
acquired assets of leading hemp research company, ebbu, Inc.
("ebbu"). Intellectual Property ("IP") and R&D advancements
achieved by ebbu's team apply directly to Canopy Growth's hemp and
THC-rich cannabis genetic breeding program and its cannabis-infused
beverage capabilities. Through partly owned subsidiary Canopy
Rivers Corporation, the Company is providing resources and
investment to new market entrants and building a portfolio of
stable investments in the sector.
From our historic public listing on the Toronto Stock Exchange
and New York Stock Exchange to our continued international
expansion, pride in advancing shareholder value through leadership
is engrained in all we do at Canopy Growth. Canopy Growth has
established partnerships with leading sector names including
cannabis icon Snoop Dogg, breeding legends DNA Genetics and Green
House seeds, Battelle, the world's largest nonprofit research and
development organization, and Fortune 500 alcohol leader
Constellation Brands, to name but a few. Canopy Growth operates ten
licensed cannabis production sites with over 4.3 million square
feet of production capacity, including over one million square feet
of GMP certified production space. The Company operates Tweed
retail stores in Newfoundland and
Manitoba and has entered into
supply agreements with every Canadian province and territory. For
more information visit www.canopygrowth.com.
Notice Regarding Forward Looking Statements
This news
release contains "forward-looking statements" within the meaning of
the United States Private Securities Litigation Reform Act of 1995
and "forward-looking information" within the meaning of applicable
Canadian securities legislation. Often, but not always,
forward-looking statements and information can be identified by the
use of words such as "plans", "expects" or "does not expect", "is
expected", "estimates", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases
or state that certain actions, events or results "may", "could",
"would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements or information involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of Canopy Growth or its
subsidiaries to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements or information contained in this news
release. Examples of such statements include statements with
respect to tailored educational initiatives. Risks, uncertainties
and other factors involved with forward-looking information could
cause actual events, results, performance, prospects and
opportunities to differ materially from those expressed or implied
by such forward-looking information, including discounted pricing,
product availability and such risks contained in the Company's
annual information form dated June 27,
2018 and filed with Canadian securities regulators available
on the Company's issuer profile on SEDAR at www.sedar.com. Although
the Company believes that the assumptions and factors used in
preparing the forward-looking information or forward-looking
statements in this news release are reasonable, undue reliance
should not be placed on such information and no assurance can be
given that such events will occur in the disclosed time frames or
at all. The forward-looking information and forward-looking
statements included in this news release are made as of the date of
this news release and the Company does not undertake an obligation
to publicly update such forward-looking information or
forward-looking information to reflect new information, subsequent
events or otherwise unless required by applicable securities
laws.
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SOURCE Canopy Growth Corporation