Source
CANADA NEWSWIRE
Date 10/01/2015
Time 04:02:37 AM
Company
Canopy Growth Corporation
Title Tweed and DNA Genetics Launch Exclusive Canadian Partnership
CDNX Symbol: CGC
Press Release
" BC-Tweed-DNA-Partnership
10-01 0726
News release via Canada NewsWire, Ottawa 613-563-4465 -MEAttention Business Editors:
^Tweed and DNA Genetics Launch Exclusive Canadian Partnership@
SMITHS FALLS, ON, Oct. 1, 2015 /CNW/ - Tweed Inc. (Tweed), wholly owned
subsidiary of Canopy Growth Corporation (Canopy Growth) (TSXV: CGC), and
DNA
Genetics are excited to announce a first-in-kind exclusive partnership
between
Canada's leading Licensed Producer and one of the most widely recognized
and
acclaimed global brands in cannabis breeding and genetics.
Over the past decade, genetics bred by DNA have won more than 125 awards
around the world transforming DNA Genetics into a global powerhouse for
breeding and growing truly best-in-class strains. The exclusive Canadian
partnership will see Tweed leverage DNA's expertise to bring its own
product
offering to new heights, and to launch it's own breeding program to bring
new,
exclusive DNA-bred strains to Tweed customers.
"We view ourselves as being the best in the industry at what we do, and
we only want to work with the best producer and that is Tweed," said Don
of
DNA Genetics. "Providing the best possible cannabis means combining all
the
right processes, with the right infrastructure and then nurturing and
identifying the best genetics for every strain. We're excited to be part
of
that at Tweed." Added Aaron, the other half of DNA Genetics: "And let's
face
it - you can't miss the chance to grow some world class Chocolope in an
old
chocolate factory."
"We think customers will look at this as a big win," said Mark Zekulin,
President of Tweed. "Earlier this month we teamed up with the world
leader in
standardized medicinal cannabis with the acquisition of Bedrocan Canada.
Now
on the other end of the spectrum we have added an award-winning global
powerhouse in breeding and genetics, acclaimed for the unique strain
profiles
their cannabis possesses."
The partnership will see DNA Genetics provide ongoing consulting services
to Tweed, while assisting in phenotyping and grow method developments.
Through
the Tweed-DNA breeding program, the only place where Canadian patients
will be
able to acquire true, certified DNA strains grown to DNA standards will
be
Tweed.
Here's to future growth ... Powered by DNA.
About Canopy Growth:
Canopy Growth is Canada's first publicly traded medical marijuana company
and the first geographically diversified producer with multiple licenses
under
the Marihuana for Medical Purposes Regulations. Through its wholly owned
subsidiaries, Tweed, Bedrocan and Tweed Farms, the Company operates
state-of-the-art production facilities throughout Ontario and distributes
marijuana across the country to Canadian patients managing a host of
medical
conditions.
The Company is dedicated to educating healthcare practitioners, providing
consistent access to high quality medication, and furthering the public's
understanding of how marijuana is used for medical purposes.
About DNA:
DNA Genetics was founded in Amsterdam back in 2004 and is known for the
creation of many cannabis cup winning strains! In just over 10 years, DNA
has
won over 125 awards from prestigious cannabis events in several
countries.
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.
SOURCE Canopy Growth Corporation
To view this news release in HTML formatting, please use the following
URL:
http://www.newswire.ca/en/releases/archive/October2015/01/c5597.html
Image with caption: "Don and Aaron from DNA Genetics, shown in Tweed's
Smiths
Falls facility. (CNW Group/Canopy Growth Corporation)". Image available
at:
http://photos.newswire.ca/images/20151001_C5597_PHOTO_EN_510045.jpg
-010/01/2015
/For further information: Jordan Sinclair, Communications Manager,
jordan(at)tweed.com, 613-706-2185 ex: 309/
/Web Site: http://canopygrowth.com/ /
(CGC.)
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Canopy Growth Corporation
Ontario
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