Mr. Brooks Jorgensen reports

CANOPY USA APPOINTS NEW EXECUTIVE TEAM TO ACCELERATE GROWTH ACROSS U.S. CANNABIS MARKET

Canopy Growth Corp.'s Canopy USA LLC has appointed a new executive team responsible for driving the company's next phase of expansion.

Drawing on extensive industry experience, these leaders will steer Canopy USA forward through a shared vision to elevate the company's brand portfolio, enhance day-to-day operations and execution, and advance growth initiatives across multiple state markets.

Casey Rash, chief financial officer, will oversee centralized functions including finance, human resources and IT. Mr. Rash brings deep expertise in regulated industries and a strategic approach to driving organizational scale and efficiency.

Rebecca Kirk, chief operating officer, will lead the company's operations, innovation and legal teams. Known for building scalable systems and launching category-leading products, Ms. Kirk will play a critical role in driving Canopy USA's performance across its value chain.

Kelly Flores, chief business development officer, will be responsible for marketing, market expansion and product strategy. With a proven record in cannabis commercialization, Ms. Flores will guide brand development and strategic growth initiatives in both existing and emerging state markets.

"These leadership appointments mark the start of a plan to capture growth in the U.S. cannabis market," said Brooks Jorgensen, president. "With in the best of each Acreage, Jetty and Wana, we've been aligning systems, teams and processes across markets to create a scalable, efficient organization. With our leadership team now in place, we're moving forward with purpose."

Canopy USA's platform is built to deliver consistent quality, innovative products and trusted brands to consumers and retail partners nationwide. By combining deep market expertise with a focus on execution, the company aims to set the standard for growth and leadership in the evolving United States cannabis industry.

About Canopy USA LLC

Canopy USA is a United States-based holding company in which Canopy Growth holds a non-participating, non-controlling interest.

Strategically positioned across the fastest-growing states and highest-potential segments of the U.S. cannabis market, Canopy USA has acquired Wana Brands, a leader in North American edibles, Acreage Holdings Inc., a vertically integrated multistate cannabis operator with principal operations in densely populated states across the Midwest and northeast, and 77 per cent of the shares of Lemurian Inc., a California-based producer of high-quality cannabis extracts and pioneer of clean vape technology.