Mr. Luc Mongeau reports

CANOPY GROWTH LAUNCHES CLAYBOURNE GASSERS LIQUID DIAMONDS ALL-IN-ONE VAPES IN CANADA, EXPANDING FOOTPRINT IN HIGH-GROWTH VAPE SEGMENT

Canopy Growth Corp. has launched Claybourne Gassers, a new lineup of all-in-one (AIO) vapes featuring liquid diamonds, in Canada. The launch marks Claybourne's entry into Canada's vape category, building on its leadership in high-potency infused products.

The Claybourne Gassers collection includes three 0.95-gram liquid diamond vapes:

• Infused Grape Gasolina (indica): grape, diesel and pungent;
• Infused Blue Dream (sativa): berry, blueberry and sweet;
• Infused Lemon Cherry G (hybrid): lemon, cherry and sweet.

Each vape contains 92 to 98 per cent THC (tetrahydrocannabinol), a digital display, variable voltage, and anti-burn and anti-clog technology, all housed in a rechargeable USB-C palm-style format engineered for consistency and clean performance.

"Claybourne established its leadership position in the preroll segment by delivering a consistent product experience in a high-value format with the potency and flavour consumers are looking for," said Luc Mongeau, chief executive officer. "With Gassers, we're building on that success in vapes and strengthening our position in a segment where consumer demand is accelerating."

Alongside Gassers, Claybourne Frosted Flyers is also launching in a new variety eight-pack (0.35 gram each) featuring top-selling strains Grape Gasolina (indica), Blue Dream (sativa) and a mixed Berry Pack (hybrid) with a combination of both strains. Each variety pack offers 33 to 36 per cent THC in a convenient 0.35-gram format delivering Claybourne's signature potency and flavour.

"From the beginning, Claybourne has been about delivering a true-to-strain experience people can count on," said Nick Ortega, co-founder and chief executive officer of Claybourne. "Gassers brings that mindset into vapes, giving consumers in Canada a format that stays true to what our team works hard to create."

Claybourne Gassers and Claybourne Frosted Flyers variety eight-pack infused prerolls are now available at licensed retail stores and on-line cannabis retailers in select regions across Canada, including the Spectrum Therapeutics on-line store for registered medical consumers.

About Canopy Growth Corp.

Canopy Growth is a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives.

Through an unwavering commitment to consumers, Canopy Growth delivers innovative products from owned and licensed brands, including Tweed, 7Acres, Doja, Deep Space and Claybourne, as well as category-defining vaporization devices by Storz & Bickel. In addition, Canopy Growth serves medical cannabis patients globally with principal operations in Canada, Europe and Australia.

Canopy Growth has also established a comprehensive ecosystem to realize the opportunities presented by the U.S. THC market through an unconsolidated, non-controlling interest in Canopy USA LLC. Canopy USA's portfolio includes ownership of Acreage Holdings Inc., a vertically integrated multistate cannabis operator with operations throughout the U.S. Northeast and Midwest, as well as ownership of Wana Wellness LLC, The Cima Group LLC and Mountain High Products LLC (collectively, Wana), a leading North American edibles brand, and majority ownership of Lemurian Inc. (Jetty), a California-based producer of high-quality cannabis extracts and clean vape technology.

At Canopy Growth, the company is shaping a future where cannabis is embraced for its potential to enhance well-being and improve lives. With high-quality products, a commitment to responsible use and a focus on enhancing the communities where people live and work, Canopy Growth is paving the way for a better understanding of all that cannabis can offer.