Canopy Growth Corp (WEED)

[JawJacker]

Canopy Growth Receives Regulatory Certification in EU

https://www.marketwatch.com/story/canopy-growth-receives-regulatory-certification-in-eu-5a6fd32b

Canopy Growth said Tuesday that it has received its certification from the EU, which will allow it to continue exporting medical cannabis to medical markets in Europe and around the world.

The Smiths Falls, Ontario-based cannabis company said it received EU goods-manufacturing practice certification from RP Tuebingen, Regional Health Inspectorate of Baden-Wuerttemberg, for its cannabis cultivation facility in Kincardine, Ontario, a final step to completing the consolidation of its production footprint into two purpose-built sites.

Canopy Growth's medical brands are currently distributed in the medical markets of Germany, Czech Republic and Poland, as well as the Asia-Pacific markets of Australia and New Zealand.

Canopy is banking on this receipt of EU GMP certification to preserve opportunities across distribution channels and geographies in the EU medical markets.

It added that the certification also ensures that the company is positioned for opportunistic entry into new medical markets as they legalize.

RUMP !