Canopy Growth congratulates Wana and Jetty on entry into new state-level markets
July 18, 2023 By Grow Opportunity Staff
(CNW) Smiths Falls, Ont. — Canopy Growth Corporation today congratulates members of Canopy USA LLC’s ecosystem, Wana Brands, North America’s leading edibles producer, and Jetty Extracts, a California-based producer of high-quality cannabis extracts and pioneer of clean vape technology, on their respective asset-light expansion strategies which have seen the brands enter two new state-level markets.
“Wana and Jetty are category leaders in edibles and solventless vape and we’re proud of their ongoing expansion to deliver high quality products to consumers across two new states. Canopy USA’s ecosystem of companies continue to demonstrate their capabilities for strategic growth into new and opportunistic state-level markets across the U.S. and in parallel, we remain focused on bringing their winning IP north to Canada as Canopy advances our North American brand driven strategy.” — David Klein, CEO, Canopy Growth
For Wana, re-entry into the State of Florida marks the 15th active U.S. state or territory leveraging Wana’s proven strategy working with in-market partners to bring cannabis-infused gummies to patients and consumers from North America’s leading edibles producer.
Through collaboration with Surterra Wellness in Florida, Wana products from the brand’s premium cannabis-infused gummies lineup like Blueberry Indica, Watermelon Hybrid, Mango Sativa, and Strawberry Lemonade 1:1 will now be available to Florida patients across 45 medical cannabis treatment centers in the state.
With the brand’s expansion to the Colorado and New York markets, Jetty has now brought its category disrupting, award-winning vape products into its third U.S. market after more than a decade of leadership in California. As one of the few to offer a high-quality, flavorful one-gram Solventless Live Rosin Vape, Jetty is building on its March launch in New York by bringing California’s #1 Solventless Vape to Colorado consumers. It launches with a variety of unique strains, including three sativa and three indica offerings.
Consistent with Canopy USA’s brand driven, asset-light strategy, Jetty is entering the Colorado market in partnership with Leiffa Brands, an innovative cannabis cultivator, solventless extractor, and Colorado retailer.
In addition to these individual growth strategies, Canopy USA ecosystem member companies continue to develop collaborative opportunities and synergies including TerrAscend becoming the sole manufacturer, supplier, and commercialization partner of Wana Brands in the fast-growing New Jersey market as well as being Wana’s new partner in Maryland which is now adult-use legal.
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