NEWS

The Company announces the closure of two Canadian greenhouses, representing a significant step forward in aligning the Company’s cultivation capacity with projected demand. Company expects to record estimated pre-tax charges of approximately $700-800MM in Q4 Fiscal 2020, as the Company completes its organizational & strategic review. SMITHS FALLS, ON— Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NYSE:CGC) announced today that the Company plans to close its facilities in Aldergrove and Delta, British Columbia, resulting in the elimination of approximately 500 positions. In addition, the Company no longer plans to bring a third greenhouse online in Niagara-on-the-Lake, Ontario. These…

Canopy Growth leases former Concession 5 Vineyard property to Niagara College SMITHS FALLS AND NIAGARA-ON-THE-LAKE, ON — It’s proving to be a vintage year for cultivating partnerships in Niagara. Thanks to a new agreement, Niagara College’s Teaching Winery will take over operations at a Niagara-on-the-Lake vineyard property owned by Canopy Growth (“Canopy Growth” or the “Company”) (TSX:WEED, NYSE:CGC), sowing the seeds for an environmentally sustainable site and new learning opportunities for the College’s wine students. Canopy Growth announced today that the Concession 5 Vineyard, located next to its Tweed Farms greenhouses in Niagara-on-the-Lake, will be leased to Niagara College, to…

SMITHS FALLS, ON—Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NYSE:CGC) will release its financial results for the third quarter fiscal 2020 ended December 31, 2019 before financial markets open on February 14, 2020. Following the release of its third quarter fiscal 2020 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Mike Lee, EVP & CFO at 10:00 AM Eastern Time on February 14, 2020. Webcast Information A live audio webcast will be available at: https://event.on24.com/wcc/r/2171215/8311836AC24F7988B042B4BB0FA5622A Replay Information A replay of the call will be accessible by webcast until 11:59 PM ET on May 14,…

Application deadline extended to February 20, 2020 SMITHS FALLS, ON – Tweed CollectiveTM is pleased to announce that it has extended its application deadline and will be accepting submissions until February 20, 2020. Tweed Collective is a social purpose initiative that funds community impact projects that are changing where and how Canadians live in meaningful ways. Canadian non-profits, registered charities and business improvement areas continue to be invited to submit their projects here to be considered for support. All applicants will receive a confirmation email once the Tweed Collective has received the application. We will review applications and respond within…

SMITHS FALLS, ON—Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NYSE:CGC) is pleased to announce that Judy Schmeling has been appointed Chair of the Board of Directors and Jim Sabia has been appointed in principle as a member of the Company’s Board of Directors. Mr. Sabia will act as an observer to the Board as he and Canopy complete the standard Health Canada processes associated with the appointment. “It is my pleasure to welcome Judy Schmeling as our Chair of the Board of Directors and to welcome Jim to the Board,” said David Klein, CEO, Canopy Growth. “Judy’s leadership…

SMITHS FALLS, ON-Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX:WEED, NYSE:CGC) submitted its final documentation for its beverage facility to Health Canada in late June 2019 and subsequently received the licence in late November 2019. In the seven weeks since receiving the licence, the Company has made meaningful progress towards scaling the production process for its cannabis beverages from lab scale to commercial scale. Management remains very confident in the underlying beverage science and in its ability to scale production and deliver high quality, differentiated cannabis beverages to the market. However, the scaling process is not complete and the…

SMITHS FALLS, ON—Tokyo Smoke, Canopy Growth Corporation’s (“Canopy Growth” or the “Company”) (TSX: WEED) (NYSE: CGC) award-winning retail brand, is proud to announce that it will be working with a total of ten recently-announced Ontario retail licence holders to open new Tokyo Smoke branded retail cannabis stores across the province. In addition to the five locations announced in November 2019, the following five locations are now progressing through the process to open doors in 2020: 1180 Queen Street West, Toronto, ON 21 Bloor Street East, Toronto, ON 235 James Street North, Hamilton, ON 2257 Rymal Road East, Unit D-1, Stoney…

Canopy Growth’s First Line of CBD Products Available To Purchase Through E-Commerce Platform DENVER, CO — Canopy Growth Corporation, USA, LLC (TSX:WEED, NYSE:CGC) (“Canopy Growth” or the “Company”) today announced the launch of First & Free – a hemp-derived CBD product line offered in a variety of formats, including softgels, oil drops and creams. The products will be available for purchase on the company’s first e-commerce site: www.firstandfree.com. Perfected through state-of-the-art technology and rigorous testing, First & Free products are created by extracting and isolating derivatives from the hemp plant to produce pure and consistent CBD formulations that are packaged…