Business
CANOPY GROWTH AND INDIVA ANNOUNCE AGREEMENT TO POSITION WANA GUMMIES FOR CONTINUED NORTH AMERICAN BRAND LEADERSHIP
CANOPY GROWTH AND INDIVA ANNOUNCE AGREEMENT TO POSITION WANA GUMMIES FOR CONTINUED NORTH AMERICAN...
About this update from Canopy Growth Corporation
[{"type":"text","content":"\n \n \n \n CANOPY GROWTH AND INDIVA ANNOUNCE AGREEMENT TO POSITION WANA GUMMIES FOR CONTINUED NORTH AMERICAN BRAND LEADERSHIP\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n Canopy Growth to control all distribution, marketing, and sales of industry leading Wana branded products in\n \n Canada\n \n \n \n , further uniting the Company's North American house of brands\n \n \n \n \n Indiva to manufacture Wana for Canopy in\n \n Canada\n \n under exclusivity ensuring continuity of\n \n quality product supply\n \n \n \n \n Canopy to acquire 19.99% interest in Indiva as part of the transactions\n \n \n \n \n \n SMITHS FALLS, ON\n \n and\n \n LONDON, ON\n \n \n ,\n \n \n May 30, 2023\n \n \n /CNW/ - Canopy Growth Corporation (\"\n \n Canopy Growth\n \n \" or the \"\n \n Company\n \n \") (TSX: WEED) (NASDAQ: CGC), a leading global cannabis company, and Indiva Limited (\"\n \n Indiva\n \n \") (TSXV:NDVA), the leading Canadian producer of cannabis edibles and other cannabis products, and its subsidiary, Indiva Inc., announced today that they have entered into a license assignment and assumption agreement (the \"\n \n Assignment Agreement\n \n \") providing Canopy Growth exclusive rights and interests to manufacture, distribute, and sell Wana™ branded products in\n \n Canada\n \n which accelerates Canopy Growth's ability to leverage the Wana brand.\n \n \n \n \n \n \n \n \n \n Simultaneously, to support continuity of quality supply and aligned to Canopy Growth's asset light strategy for sourcing of cannabis 2.0 formats, Canopy Growth and Indiva also entered into a contract manufacturing agreement (the \"\n \n Manufacturing Agreeme...