NEWS

SMITHS FALLS, ON – July 6, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC) announced today that the Company will exhibit at the Opal Group’s Family Office & Private Wealth Management Forum 2023 from July 10 to July 12, 2023. During the forum, Canopy Growth will be hosting a booth to engage with family offices, private investors, and investment managers at what is considered to be the the largest family office event in the world. About Canopy Growth Canopy Growth is a leading North American cannabis and consumer packaged goods (“CPG”) company dedicated…

Canopy USA holds significant conditional ownership in TerrAscend, now the first U.S. Multi-State Operator to list on a major exchange SMITHS FALLS, ON – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC) today recognized the successful commencement of trading of TerrAscend Corp. (“TerrAscend”) (TSX: TSND) on the Toronto Stock Exchange on July 4, 2023 under the new ticker symbol “TSND”. Canopy USA LLC’s (“Canopy USA”) conditional ownership stake in TerrAscend is approximately 18%[1], representing an aggregate market value of approximately CAD$155 million based on TerrAscend’s closing stock price on July 4, 2023. “We applaud TerrAscend on…

SMITHS FALLS, ON – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today that all conversions pursuant to the US$100,000,000 senior unsecured convertible debentures (the “Convertible Debentures”), sold to an institutional investor in February 2023, have been completed. Since the beginning of fiscal 2023, Canopy Growth has completed numerous balance sheet actions to strengthen its financial position, while implementing a business transformation plan with the goal of improving profitability. In addition to today’s announcement that preserves liquidity, the balance sheet actions completed by the Company to date include: Equitization of $263 million of the 4.25%…

SMITHS FALLS, ONTARIO, June 30, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today that it has entered into privately negotiated exchange agreements (collectively, the “Exchange Agreements”) with certain holders (collectively, the “Noteholders”) of the Company’s outstanding 4.25% unsecured senior notes due 2023 (the “Notes”), to acquire C$12.5 million aggregate principal amount of the Notes from the Noteholders in exchange for common shares of the Company (the “Canopy Shares”) and cash. “We are pleased to have reached an agreement to equitize these notes and remain focused on further strengthening Canopy’s financial position. This announcement builds…

SMITHS FALLS, ON – June 28, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) announced today the appointment of PKF O’Connor Davies, LLP (“PKFOD”) as its independent registered public accounting firm for the 2024 fiscal year and accepted the resignation of KPMG LLP (“KPMG”). “This change has been underway for some time and reflects a joint decision between Canopy Growth and KPMG. We are pleased to welcome PKFOD, which has specific experience in supporting clients in the cannabis industry as our accounting firm for fiscal 2024. Going forward, we remain focused on our ongoing…

The Company has sold facilities for proceeds of CAD$81 million in the current quarter SMITHS FALLS, ON, June 29, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC) announced today that it has completed the sale of its facility in Modesto, CA. With the completion of this transaction, Canopy Growth has now sold five facilities for proceeds of CAD$81 million since April 1, 2023, and anticipates generating up to a total of CAD$150 million from facility divestitures by September 30, 2023. These divestitures are aligned to the organizational transformation as announced during the Company’s prior fiscal year…

READ THE FULL PRESS RELEASE HERE Business transformation and cost reduction actions initiated in FY2023 expected to drive overall cost reduction of $240-$310 million by the end of FY2024 Actions to strengthen balance sheet have reduced overall debt position by approximately $500 million from Q2 FY2023 to quarter-to-date in Q1 FY2024 and are anticipated to generate proceeds of up to $150 million from facility divestitures by the end of Q2 FY2024 Revised proxy statement filed with modifications to the structure of Canopy USA in order to maintain compliance with NASDAQ listing requirements while preserving strategic benefits SMITHS FALLS, ON, June…

Smiths Falls, ON, June 21, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NASDAQ:CGC) will release its financial results for the fourth quarter and fiscal year 2023 ended March 31, 2023, and file the Company’s comprehensive annual report on Form 10-K for the fiscal years ended March 31, 2023 and 2022, after markets close on June 22, 2023. Following the release of its fourth quarter and fiscal year 2023 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Judy Hong, CFO on June 22, at 5:30 PM Eastern Time. Webcast Information A…

Newest offerings include Hiway Cones unrolled joint kits – perfect for grab-and-go summer adventures, and two limited edition SKUs under the 7ACRES Craft Collective banner SMITHS FALLS, ON, June 20, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC), a world-leading diversified cannabis company, today announced the launch of seven new flower product offerings from the Hiway, 7ACRES Craft Collective, Doja, and Tweed brand portfolios. “We’re proud to introduce several high-quality new flower offerings for Canadian consumers,” said Dave Paterson, President, Canada, Canopy Growth. “These new products reflect our commitment to our post-harvest activities ensuring that…

SMITHS FALLS, ON, June 12, 2023 – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC) is providing this bi-weekly update on the status of the management cease trade order granted on June 2, 2023 (the “MCTO”) by its principal regulator, the Ontario Securities Commission under National Policy 12-203 – Management Cease ‎Trade Orders (“NP 12-203”), following the Company’s announcement on May 26, 2023 (the “Default Announcement”) that the Company has initiated an internal review of the financial reporting matters related to BioSteel Sports Nutrition Inc. (the “BioSteel Review”) and has determined that it will need to…

Canopy Growth to control all distribution, marketing, and sales of industry leading Wana branded products in Canada, further uniting the Company’s North American house of brands Indiva to manufacture Wana for Canopy in Canada under exclusivity ensuring continuity of quality product supply Canopy to acquire 19.99% interest in Indiva as part of the transactions SMITHS FALLS, ON, and LONDON, ON May 30, 2023 /CNW/ – Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (NASDAQ: CGC), a leading global cannabis company, and Indiva Limited (“Indiva“) (TSXV:NDVA), the leading Canadian producer of cannabis edibles and other cannabis products, and its…