An anonymous director reports

ATB CAPITAL MARKETS ACTS AS SOLE PLACEMENT AGENT FOR CANOPY GROWTH'S US $150 MILLION REGISTERED DIRECT OFFERING

Canopy Growth Corp. has entered into an agreement with an institutional investor for the purchase and sale of $150-million (U.S.) aggregate principal amount of senior unsecured convertible debentures bearing interest at a 5.0-per-cent annual rate. Acting as the sole placement agent for this offering was ATB Capital Markets Inc.

"Supporting the transformation and accelerated growth of this innovative company and as one of the largest financings in Canada this year, ATB Capital Markets is pleased to act as the sole placement agent," said Darren Eurich, chief executive officer of ATB Capital Markets. "As a bespoke product sourced by ATB Capital Markets Inc., our expert team provided strategic business support to raise investment capital that met the unique requirements of both the investor and Canopy Growth."