Mr. Bruce Linton reports

CANOPY GROWTH OBTAINS LICENSE FOR FIRST MEGA-SCALE BC FACILITY

Canopy Growth Corp. has received a cultivation licence for the first of its two sites operating under the B.C. Tweed Joint Venture Inc. banner.

The rapid licensing of the Aldergrove site, the largest federally licensed cannabis site anywhere in the world, continues a pattern of professional execution for the company as it prepares to meet an unprecedented increase in demand in a few short months once legal adult-use markets commence. The initial licensing covers over 400,000 square feet of growing space, allowing vegetative growth so that the mature plants can be spread into the full 1.3 million square feet in the coming months for flowering and ultimate harvest.

Friday was the culmination of world-class execution (and not much sleep) from the company's British Columbia team with support from teams across the country, as in only a few short months the site was renovated with lighting, shade systems, security and automated systems to meet the rigorous standards of both the ACMPR (Access to Cannabis for Medical Purposes Regulations) and Canopy Growth. Over the weekend, the site received the largest single shipment of cannabis clones in the company's history, with over 100,000 live cannabis clones flying high from the Tweed Smiths Falls campus to their new home in British Columbia.

"Our team has made monumental and often historic progress in the retail landscape of every Canadian province to have announced its system to date. We are the only producer in Canada who can make this claim and we will continue to leverage our production platform in order to solidify a truly national presence for our cannabis brands," said Mark Zekulin, president, Canopy Growth. "A cultivation licence for our first B.C. Tweed site positions us to continue this trend as Canada's, and indeed the world's largest, most reliable and most diversified producer and seller of high-quality regulated cannabis."

"As proud native British Columbians and long-time horticulture producers, we are excited to continue the proud tradition of B.C. bud on a national scale," said Victor Krahn, who runs operations for B.C. Tweed. "Working with Canopy Growth we're going to take the Tweed brand to the next level on the West Coast and bring the best our province has to offer to the country and the world."

With the Aldergrove, B.C., site now into the production stage, B.C. Tweed's focus will turn to its second B.C. site, a 1.7-million-square-foot greenhouse, with work already well under way. With this expansion, Canopy Growth is on track to have over 5.6 million square feet of domestic growing space.

Management consulted Investment Industry Regulatory Organization of Canada and made the decision to halt trading of Canopy Growth common shares on the Toronto Stock Exchange on Friday, Feb. 16, at approximately 4:20 p.m. ET when it learned that it had been issued the licence because it represented a material change in the company's production capacity.

Here is to future (sun-grown B.C. bud) growth (from your friends at Tweed).

About Canopy Growth Corp.

Canopy Growth is a world-leading diversified cannabis and hemp company, offering distinct brands and curated cannabis varieties in dried, oil and softgel capsule forms.

Canopy Growth has established partnerships with leading sector names including cannabis icon Snoop Dogg, breeding legends DNA Genetics and Green House seeds, and Fortune 500 alcohol leader Constellation Brands, to name but a few. Canopy Growth operates seven cannabis production sites with over 665,000 square feet of production capacity, including over 500,000 square feet of GMP-certified production space. The Company has operations in seven countries across four continents.

We seek Safe Harbor.