/REPEAT — Canopy Growth launches Spectrum Australia with support from the Victoria State Government/

0
203

SMITHS FALLS, ON and MELBOURNE, Australia, April 25, 2018 /CNW/ - Canopy Growth Corporation (TSX: WEED) (“Canopy Growth” or the “Company”) is pleased to join the Victoria State Government in announcing the launch of the newest member of the Canopy Growth family, Spectrum Cannabis Australia (“Spectrum” or “Spectrum Australia”). Minister for Agriculture, the Hon. Jaala Pulford, alongside Ben Quirin, Managing Director of Spectrum Australia, announced the Company will invest up to $16 million AUD (~$16 million CAD) in the State of Victoria over the next four years to establish Spectrum’s Asia-Pacific (APAC) headquarters and research and development facility. “The State Government of Victoria has been an outstanding partner and welcomed our investment in the region with a shared passion for innovation in the medical cannabis industry,” said Ben Quirin, Managing Director, Spectrum Australia. “Victoria is now home for Spectrum as we introduce our world renowned medical cannabis products to the State, across Australia, and throughout the entire APAC region as jurisdictions establish legal, regulated medical cannabis regimes.” The Victoria facility will enable domestic cultivation and production of high quality medical cannabis for patients while serving as a distribution hub for other jurisdictions in APAC. /REPEAT — Canopy Growth launches Spectrum Australia with support from the Victoria State Government/

thumbnail courtesy of businessinsider.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here