Canopy Growth (NYSE: CGC) announced on Friday that it was revising its schedule for launching cannabis-infused beverages in Canada's new "Cannabis 2.0" cannabis derivative products market. The company didn't give a new date for rolling out its new beverage products but stated in a press release that it "does not believe this delay will have a material impact on its FY20 revenue." Original schedule Canada's new regulations for cannabis derivative products went into effect on Oct. 17, 2019. However, a 60-day notification period is required before companies can launch new cannabis products. In addition, facilities involved in producing the products must receive appropriate licensing. Image source: Getty Images. Canopy Growth received a license for its beverage facility in late November 2019. The company's original plans were to launch its first cannabis chocolates and ready-to-mix cannabis beverages in early January. Canopy expected to roll out additional cannabis beverage brands later in January followed by cannabis-infused spirits in February. Reason for delay There's a lot of work required to move from making cannabis beverages in a lab to producing these beverages on a commercial scale. Canopy stated that "the scaling process is not complete" and that its teams are working on the final steps. New Canopy Growth CEO David Klein said, "Canopy has had seven weeks to work with THC in the brand new beverage facility to scale processes and IP [intellectual property] it has developed in the R&D environment." He added, "In order to deliver products that meet our customer's high standards we are electing to revise the launch date while we work through the final details." Canopy expects to provide another update when it announces its third-quarter results in mid-February. Here's The Marijuana Stock You've Been Waiting ForA little-known Canadian company just unlocked what some experts think could be the key to profiting off the coming marijuana boom. And make no mistake – it is coming. Cannabis legalization is sweeping over North America – 11 states plus Washington, D.C., have all legalized recreational marijuana over the last few years, and full legalization came to Canada in October 2018. And one under-the-radar Canadian company is poised to explode from this coming marijuana revolution. Because a game-changing deal just went down between the Ontario government and this powerhouse company...and you need to hear this story today if you have even considered investing in pot stocks. Simply click here to get the full story now. Learn moreKeith Speights has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source