Canopy Growth Adds Manitoba-Based Licensed Producer Delta 9 to the CraftGrow Family
(7 months ago)
WINNIPEG and SMITHS FALLS, ON: Canopy Growth Corporation (TSX: WEED) ("Canopy Growth" or the "Company") is pleased to announce it has entered into a distribution agreement with Winnipeg-based Delta 9 Cannabis Inc. (TSXV: NINE) ("Delta 9"), an existing Licensed Producer under the Access to Cannabis for Medical Purposes Regulations ("ACMPR").
Delta 9 will offer their well-established cannabis products through Canopy Growth's curated CraftGrow line via Tweed Main Street's online store, alongside other high-quality cannabis varieties grown by a diverse set of producers.
Delta 9 was founded in 2012, and quickly became the fourth fully licensed producer and distributor of medical cannabis in Canada. Currently operating an 80,000 sq. ft. production facility in East Winnipeg, Delta 9 is focused on growing small batch, hand trimmed medical cannabis strains in its innovative, self-designed Grow Pod systems. As Manitoba has recently unveiled its proposed cannabis distribution model, which includes private sales, Delta 9 will work with Canopy Growth to continue to serve the local market with consistent high-quality standardized cannabis products, while gaining access to consumers across the country through Canopy Growth's online marketplace: www.tweedmainstreet.com.
"We recognize the varied needs of our patients and through the CraftGrow program we aim to bring them the highest quality products from a variety of producers that each bring a unique offering forward," said Mark Zekulin, President of Canopy Growth Corporation. "This is the ninth participant in the CraftGrow program, and we are particularly excited to see one of the earliest established producers in our sector come on board. We want to promote the value of our platform approach and welcoming Delta 9's products to our shop speaks volumes to the CraftGrow program's potential."
Canopy Growth's CraftGrow line aims to build an ecosystem of high-quality cannabis options for patients across the country. As the newest member of the CraftGrow family, Delta 9 will gain direct access to Canopy Growth's extensive operational, distribution, marketing and sales infrastructure through the Tweed Main Street online marketplace where a gram is shipped on average every 4 seconds. Its sector-leading fulfillment centre then ships these orders to customers all across the country.
"Our company is excited to further our growing partnership with Canopy Growth," said Delta 9 CEO John Arbuthnot. "We are already working closely on a project to jointly serve the growing market in Manitoba; this project brings Delta 9's craft grown cannabis products to a wider national audience through Canopy's well-established CraftGrow network."
Canopy Growth is committed to growing a thriving cannabis marketplace that offers diversity of producers and products to valuable customers. The CraftGrow program is an integral part of an effective cannabis ecosystem, and the addition of Delta 9 strengthens the program and supports ongoing success.