Tweed, the flagship brand of Canopy Growth, operates out of a former Hershey factory in Ontario, and, with changing laws, CEO Bruce Linton hopes that the company could come full circle:
When we get this thing done, it’s going to have been a chocolate factory, a marijuana factory and a chocolate marijuana factory
The company is awaiting approval from Health Canada to sell extracts so that it can join Peace Naturals and Mettrum. Tweed had begun to prepare for the sale of derivatives in late 2014, but it wasn’t until a favorable Supreme Court ruling this summer that Health Canada was amenable to the change in its previously flower-only system. Linton expects the rules to ease further later this year so that his company will be able to sell edibles.
Read Peter Koven’s “Sugar high: Why Canada’s marijuana growers are in a race to make their pot taste delicious”: http://business.financialpost.com/news/agriculture/welcome-to-smiths-falls-the-future-chocolate-pot-capital-of-canada
Get ahead of the crowd by signing up for 420 Investor, the largest & most comprehensive premium subscription service for cannabis traders and investors since 2013.