Mr. Jurgen Bickel reports

STORZ & BICKEL UNVEILS THE VENTY, AN INNOVATIVE NEW PORTABLE VAPORIZER

Storz & Bickel GmbH, a subsidiary of Canopy Growth Corp., has launched the Venty, Storz & Bickel's state-of-the-art portable vaporizer for dry herbs. Its newly designed convection and conduction heater, as well as the cutting-edge heating management and cooling technology, enhance flavour to produce superior vapour quality on the go.

The Venty will officially be launched by a global keynote hosted by Jurgen Bickel, founder and managing director, Storz & Bickel, taking place today, Oct. 17, 2023, at 12 p.m. ET. Those interested in viewing the keynote and learning about the full list of device features can access it on YouTube.

"The Venty marks a significant milestone in Storz & Bickel's innovation journey. As our first entirely new product since 2014, the Venty builds on our longstanding commitment to quality and innovation. It follows our objective to deliver the highest quality vaporizer experience possible from any device," said Mr. Bickel, founder and managing director, Storz & Bickel. "Featuring industry-leading technology, the Venty is set to revolutionize consumption, giving consumers a convenient and customizable vaporizing experience that takes the best of what consumers have come to love in Storz & Bickels tabletop and portable devices by combining them into one incredible package."

The Venty's most notable features include an adjustable airflow for more precise customization; temperature precision with adjustable temperatures directly on the device; the fastest heat-up time of any Storz & Bickel vaporizer so far; rapid USB-C charging; smart connectivity via Bluetooth; and a Web app for convenient control and customization.

Mr. Bickel continued: "The Venty is a powerful addition to the growing Storz & Bickel portfolio. Consumers are central to our innovation process, and each device -- including the Venty -- is specifically designed with their evolving needs in mind."

Corresponding with the global keynote and launch of the device at 12 p.m. ET today, the Venty will be available for purchase on-line at the Storz & Bickel website, or in-person with licensed retailers.

About Storz & Bickel GmbH

Storz & Bickel is the global leader in the manufacture of high-end and medically certified cannabis vaporizers. With a commitment to quality, innovation and compliance, the company has consistently delivered exceptional products that meet the highest industry standards. Based in Tuttlingen, Germany, Storz & Bickel continues to drive the advancement of vaporization technology, providing a safe and efficient means of consuming cannabis for medical purposes.

About Canopy Growth Corp.

Canopy Growth is a leading North American cannabis and consumer packaged goods (CPG) company dedicated to unleashing the power of cannabis to improve lives.

Through an unwavering commitment to its consumers, Canopy Growth delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7Acres, Tweed and Deep Space. Canopy Growth's CPG portfolio features targeted 24-hour skin care and wellness solutions from This Works, gourmet wellness products by Martha Stewart CBD, and category-defining vaporizer technology made in Germany by Storz & Bickel.

Canopy Growth has also established a comprehensive ecosystem to realize the opportunities presented by the United States tetrahydrocannabinol market through its rights to Acreage Holdings Inc., a vertically integrated multistate cannabis operator with principal operations in densely populated states across the northeast, as well as Wana Brands, a leading cannabis edibles brand in North America, and Jetty Extracts, a California-based producer of high-quality cannabis extracts and a pioneer of clean vape technology.

Beyond its world-class products, Canopy Growth is leading the industry forward through a commitment to social equity, responsible use and community reinvestment -- pioneering a future where cannabis is understood and welcomed for its potential to help achieve greater well-being and life enhancement.

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