Canopy Growth Acquires Spanish Licensed Cannabis Producer Cafina; Terms Not Disclosed

Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX:WEED) (NYSE:CGC) is pleased to announce that it has completed an all-cash acquisition of Spain-based licensed cannabis producer Cáñamo y Fibras Naturales, S.L. ("Cafina"). The acquisition lays the foundation for Canopy Growth to expand its European production footprint into one of the most ideal growing regions in the world, complementing the Company's existing 430,000 square foot licensed production site in Odense, Denmark, as well as its world-class ISO 13485 internationally certified Storz and Bickel facility in Tütlingen, Germany.