Tweed Pantry Line Launches to Complement 10:1 Cannabis OilsTM - Bedrocan Canada Updates Oils Licensing Process

SMITHS FALLS, ON, Feb. 25, 2016 /CNW/ - Tweed Inc. (Tweed), a subsidiary of Canopy Growth Corporation (TSXV: CGC), will commence sales of its line of strain specific 10:1 Cannabis Oils at noon today. Coinciding with this milestone, the Company will launch a new line of products to complement 10:1 Cannabis Oils, officially available to registered Tweed customers as of today.

Balanced with organic, non-genetically modified sunflower oil, Tweed's 10:1 line is versatile enough to be taken orally as it comes in the jar using Tweed's precise dosing syringe.  However, customers have also indicated a strong desire to bake their cannabis oils into food products like baked goods.

"We're fond of our heritage here in the old chocolate factory on Hershey Drive," said Mark Zekulin, Tweed's President. "Delicious baking kits are a great recognition of that story and we think this product category is a natural extension to 10:1 Cannabis Oils that will assist our patients when medicating."

For $5 customers can purchase a-gluten free muffin mix. A rich chocolate cupcake offering will follow shortly, both specifically designed to be used with Tweed's 10:1 Cannabis Oils. Each kit comes with a dosing guideline to help manage each individual customer's dosing needs.

The cupcake recipe is a long-held secret of Tweed's Head of Medical Education and Outreach, Amanda Daley.  It has already proven to be a fan favorite at Tweed's office as a (non-medicated) treat that makes rare appearances on birthdays and other special events.

"Everyone secretly dreams that the cupcakes they bake for the office will be so delicious that their business decides to sell them commercially," Daley said.

"For me that dream is finally coming true."

Visit www.tweed.com to learn more about Tweed's 10:1 Cannabis Oils and to find other recipes and tips as provided by Tweed and our patient community.

Here's to Future Growth.

Bedrocan Oils Licensing Update

Bedrocan Canada Inc., wholly-owned subsidiary of Canopy Growth Corporation has received its oil production license and will conduct its supercritical extraction at the Tweed Inc. facility in Smiths Falls, ON. Several batches of Bedrocan oil products have already been produced and will be shipped from Smiths Falls to the Bedrocan facility in Toronto. The Company will today request a sales license in order to store and ship Bedrocan cannabis oils from its Toronto facility and is seeking to sell cannabis oils as soon as possible.

Notice regarding Forward-Looking Statements
This news release contains forward-looking statements.  Often, but not always, forward-looking statements 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 involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company or any of its subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.
Although Canopy Growth Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Readers should not place undue reliance on forward-looking statements. The factors identified above are not intended to represent a complete list of the factors that could affect the Company or any of its subsidiaries. The forward-looking statements included in this news release are made as of the date of this news release and Canopy Growth Corporation does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE Canopy Growth Corporation

For further information: Media Contact: Jordan Sinclair, Communications Manager, Jordan@tweed.com, 855-558-9333 ex 309; Investor Contact: Tyler Burns, Investor Relations, tyler.burns@canopygrowth.com, 855-558-9333 ex 122; Director: Bruce Linton, tmx@tweed.com, 855-558-9333


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