Canopy Growth Corp (CGC) Expands Its Medical Products Lineup

Canopy Growth Corp (NASDAQ:CGC) is one of the best CBD stocks to buy right now. On May 7, Canopy Growth Corp (NASDAQ:CGC) announced the expansion of its cannabinoid softgel lineup. This two-fold expansion includes the launch of new pack sizes and the introduction of additional dosing options.

Canopy Growth Corp (CGC) Expands Its Medical Products Lineup

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Regarding pack sizes, Canopy Growth has introduced new 30-pack and 90-pack formats of the softgel product. The company said that offering these formats reflect its commitment to improve patient access with targeted, need-stated products.

According to Canopy Growth, its existing 30-pack offering has performed strongly, so it’s building on that strength with the new pack offering. Andrew Bevan, Canopy Growth’s senior vice-president of medical, stated that they are focused on building a portfolio that reflects the feedback from patients and clinics.

So far, the success of the existing 30-pack formats has made the management understand that patients are looking for more value and greater access to cannabinoid formulations. With the expanded lineup, Canopy Growth says it delivers greater flexibility for patient dosing and improves affordability. The company distributes the cannabinoid softgel products through its medical division, Spectrum Therapeutics.

Canopy Growth Corp (NASDAQ:CGC) is a Canadian cannabis company based in Ontario. The company produces and distributes a wide variety of cannabis and hemp products for medical and recreational use. Its portfolio includes various types of hemp-derived CBD products, including gummies, oil drops, and softgels.

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