An anonymous director reports

CANOPY GROWTH ANNOUNCES ADJOURNMENT OF 2026 ANNUAL GENERAL AND SPECIAL MEETING DUE TO LACK OF QUORUM

Due to the requisite quorum not being present, Canopy Growth Corp.'s annual general and special meeting of shareholders, schedulled for Friday, Sept. 25, 2026, at 1 p.m. ET via live webcast, was convened and then adjourned.

The meeting will reconvene on Friday, Oct. 23, 2026, at 1 p.m. ET via live audio webcast, providing holders of Canopy Growth common shares with additional time to vote.

During the adjournment period, the company will continue to solicit votes with respect to the proposals set out in its definitive proxy statement dated Aug. 7, 2026. Shareholders who have not yet voted are encouraged to do so as soon as possible.

Shareholders of record as of close of business on July 31, 2026, remain eligible to vote at the adjourned meeting. Shareholders who have already voted do not need to vote again, and previously submitted proxies will remain valid.

Your vote is important

Under Nasdaq listing rules and the company's By-Laws, 33.33 per cent of outstanding shares entitled to vote must be present in person, by remote communication or by proxy at the meeting for quorum to be achieved.

Shareholders who have not yet voted are encouraged to submit their vote before the new proxy voting deadline of 9 a.m. ET on Oct. 23, 2026.

Most shareholders who received a 16-digit control number from Broadridge Financial Solutions can vote:

On-line:  Proxy Vote website

By phone:  1-800-474-7493 (English) or 1-800-474-7501 (French)

By mail:  using the prepaid envelope accompanying the form of proxy or voting instruction form

Many shareholders can also vote by contacting the company's proxy solicitation agent, Sodali & Co., at 1-833-830-8205 toll-free in North America, 1-289-695-3075 collect outside North America or by e-mail at CGC@investor.sodali.com.

Shareholders who hold shares at Interactive Brokers LLC can vote on-line using the provided control number.

Clients of Robinhood Securities LLC who are eligible to vote will receive a voting notice by e-mail from noreply@robinhood.com. Voting is hosted by Say Technologies, with voting and materials available directly from the e-mail.

The proxy statement and the company's 2026 fiscal annual report, which includes the company's 2026 fiscal year consolidated financial statement, are filed on EDGAR and SEDAR+. The meeting materials are also available at the company's website.

About Canopy Growth Corp.

Canopy Growth is a leading global company committed to bettering lives through cannabis. With a focus on cultivation excellence, quality, trust, innovation and disciplined execution, Canopy Growth is a consumer-centric company serving patients, consumers and partners alike.

The company's portfolio of owned and licensed brands, including Tweed, 7ACRES, DOJA, Deep Space, DeeLish, Claybourne, MTL Cannabis, Low Key by MTL and R'belle, as well as category-defining Storz & Bickel, delivers innovative cannabis products to consumers across Canada and beyond. It is also Canada's leading provider of medical cannabis services through Spectrum Therapeutics, Abba Medix, Apollo and Canada House Clinics.

The company also holds an unconsolidated, non-controlling interest in Canopy USA LLC, which provides exposure to the U.S. THC market.

Guided by its commitment to leadership, excellence, trust and innovation, Canopy Growth is working to shape a future where the plant is trusted for its ability to better lives.