ACRGF - Canopy Growth and Acreage Holdings Plan U.S. Launch of Marijuana-Infused Beverages
Canada's largest licensed cannabis producer and its U.S. affiliate on Thursday revealed plans to launch THC-infused beverages in the U.S. market. Encouraged by recent beverage sales in Canada, Canopy Growth (NYSE: CGC) and Acreage Holdings (OTC: ACRGF) say they intend to bring similar options to U.S. consumers next summer.
Canopy Growth began shipping THC-infused beverages in Canada under the Tweed brand this spring. So far, the company has five of the top six performing products in the category there, and would like to achieve similar success in the U.S. with some help from what will eventually be its U.S. subsidiary , Acreage Holdings.
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Canopy Growth and Acreage Holdings Plan U.S. Launch of Marijuana-Infused Beverages