Feb 24, 2016, Smiths Falls, Ont. — Tweed Inc., a wholly owned subsidiary of Canopy Growth Corporation, has received its licence to sell cannabis oil products.
At noon tomorrow, the Company will be launching the sale of high-quality 10:1 Cannabis Oils consisting of GMO-free organic sunflower oil and high-quality CO2-extracted cannabis oils.
Since its inception, Tweed has focused on producing an industry-leading variety of cannabis products that meet the needs of a diverse clientele. To date, that has meant growing a diverse selection of strains to ensure that patients find the strain that truly meets their personal needs.
With 10:1 Cannabis Oils, the company will continue that focus and ensure that patients can still find the strain that is right for them, this time in a digestible format. Starting with popular offerings of Argyle, Princeton and Birds Eye, Tweed will introduce new strain-specific 10:1 Cannabis Oils on an ongoing basis.
10:1 CANNABIS OILS
The name of the new product line, 10:1 Cannabis Oils, reflects the ratio that each 10 ml of oil will contain the equivalent of 1g of the corresponding Tweed dried-flower variety. 10:1 Cannabis Oils will be sold in 100 ml bottles.
“Introducing this new product category to our customers will undoubtedly come with a learning curve, and ease-of-use and education was top-of-mind for us. Creating a simple, universal equivalency factor between flower and oil was the logical solution and a simple way to ensure customers can manage their dosing confidently,” said Tweed president Mark Zekulin.
Tweed chose to balance 10:1 Cannabis Oils with organic, non-genetically modified sunflower oil because it is versatile enough to cook or bake with, hypoallergenic, and even good to ingest on its own as it comes.
EDUCATIONAL PROGRAMS SUPPORTED
Coinciding with the launch of 10:1 Cannabis Oils, Tweed and its sister company, Bedrocan Canada, also announced the launch of a fund to support the delivery of education programs on the responsible use of cannabis.
The companies will commit a combined $50,000 toward partnerships with leading organizations committed to responsible use education. In addition, Tweed and Bedrocan Canada will commit an additional $1 for every bottle of 10:1 Cannabis Oils sold to this fund.
“Along with the launch of oils, we know that customers, healthcare practitioners, and education partners have a lot of questions, and we need to start building the resources to answer those questions using a systematic, Canada-wide approach,” said Bruce Linton, CEO of Canopy Growth.
“As we move towards a non-medical consumer market, education on responsible use of cannabis will become all the more important, and as responsible companies we need to get out ahead of that curve.”
Strain-specific 10:1 Cannabis Oils will be for sale at Tweed.com from $95 to $155 per bottle, or from $76 to $124 for patients qualifying for Tweed’s Compassionate Pricing program.
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