CGC

SEC source: 0001104659-24-070969 · tm2417100-3_4seq1.xml · nonDerivative · entry 2

Klein David Eric · CIK 0001553612 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 270,989

F3 · shares: Represents conversion of PSUs to RSUs upon determination by the Issuer's Board regarding the level of achievement of performance metrics, and such RSUs vest on June 14, 2025.

SEC source: 0001104659-24-070969 · tm2417100-3_4seq1.xml · nonDerivative · entry 1

Klein David Eric · CIK 0001553612 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 261,860

F1 · shares: Represents conversion of performance stock units ("PSUs") to restricted stock units ("RSUs") upon determination by the Issuer's board of directors (the "Board") regarding the level of achievement of performance metrics, and such RSUs vested on June 9, 2024.

F2 · balance_after: On December 15, 2023, the Issuer effected a consolidation (the "Consolidation") of the Issuer's issued and outstanding Common Shares on the basis of one (1) post-Consolidation Common Share for every ten (10) pre-Consolidation Common Shares. The amount of securities reported on this Form 4 have been adjusted to reflect the Consolidation.

SEC source: 0000950170-24-046081 · ownership.xml · derivative · entry 5

CONSTELLATION BRANDS, INC. · CIK 0000016918 · 10% owner

Greenstar Canada Investment Limited Partnership · CIK 0001746720 · 10% owner

Greenstar Canada Investment Corp · CIK 0001746721 · 10% owner

Constellation Brands Canada Holdings ULC · CIK 0001679057 · 10% owner

Constellation Capital LLC · CIK 0001807236 · 10% owner

CONSTELLATION INTERNATIONAL HOLDINGS LTD · CIK 0001051699 · 10% owner

CBG Holdings LLC · CIK 0001749974 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · by Greenstar Canada Investment Limited Partnership

Disclosed balance after: 15,811,474

Underlying: Common Shares · 9,111,549 shares

Expires not disclosed

F5 · derivative.exercise_price: The Exchangeable Shares are convertible into Common Shares on a one-for-one basis at any time at the election of the holder. The Exchangeable Shares are perpetual and therefore have no expiration date.

F6 · kind: On April 18, 2024, GCILP entered into an Exchange Agreement, dated April 18, 2024 (the "Exchange Agreement"), with the Issuer whereby GCILP agreed to exchange a portion of the Issuer's C$100 million promissory note for 9,111,549 Exchangeable Shares. The number of Exchangeable Shares issued to GCILP was calculated based on a price per share of C$8.91. The price of derivative security reported in column 8 was based on an exchange rate of 1.3773 Canadian dollars to 1 U.S. dollar.

F6 · price: On April 18, 2024, GCILP entered into an Exchange Agreement, dated April 18, 2024 (the "Exchange Agreement"), with the Issuer whereby GCILP agreed to exchange a portion of the Issuer's C$100 million promissory note for 9,111,549 Exchangeable Shares. The number of Exchangeable Shares issued to GCILP was calculated based on a price per share of C$8.91. The price of derivative security reported in column 8 was based on an exchange rate of 1.3773 Canadian dollars to 1 U.S. dollar.

F5 · derivative.exercise_date: The Exchangeable Shares are convertible into Common Shares on a one-for-one basis at any time at the election of the holder. The Exchangeable Shares are perpetual and therefore have no expiration date.

F5 · derivative.expiration_date: The Exchangeable Shares are convertible into Common Shares on a one-for-one basis at any time at the election of the holder. The Exchangeable Shares are perpetual and therefore have no expiration date.

F3 · ownership.nature: These shares are owned directly by GCILP, whose general partner is Greenstar Canada Investment Corporation ("GCIC"), which is a wholly-owned subsidiary of Constellation Brands Canada Holdings ULC ("CBCH"), which is a wholly-owned subsidiary of Constellation Capital LLC ("CC"), which is a wholly-owned subsidiary of Constellation International Holdings Limited ("CIHL"), which is a wholly-owned subsidiary of Constellation Brands, Inc. ("CBI"). GCIC, CBCH, CC, CIHL and CBI are indirect beneficial owners of the reported shares.

SEC source: 0000950170-24-046081 · ownership.xml · derivative · entry 4

CONSTELLATION BRANDS, INC. · CIK 0000016918 · 10% owner

Greenstar Canada Investment Limited Partnership · CIK 0001746720 · 10% owner

Greenstar Canada Investment Corp · CIK 0001746721 · 10% owner

Constellation Brands Canada Holdings ULC · CIK 0001679057 · 10% owner

Constellation Capital LLC · CIK 0001807236 · 10% owner

CONSTELLATION INTERNATIONAL HOLDINGS LTD · CIK 0001051699 · 10% owner

CBG Holdings LLC · CIK 0001749974 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · by CBG Holdings LLC

Disclosed balance after: 10,450,000

Underlying: Common Shares · 10,450,000 shares

Expires not disclosed

F5 · derivative.exercise_price: The Exchangeable Shares are convertible into Common Shares on a one-for-one basis at any time at the election of the holder. The Exchangeable Shares are perpetual and therefore have no expiration date.

F1 · kind: On April 18, 2024, Greenstar Canada Investment Limited Partnership ("GCILP") and CBG Holdings LLC ("CBG") exchanged their Common Shares of Canopy Growth Corporation (the "Issuer") for non-voting and non-participating exchangeable shares ("Exchangeable Shares") of the Issuer on a one-for-one basis.

F1 · shares: On April 18, 2024, Greenstar Canada Investment Limited Partnership ("GCILP") and CBG Holdings LLC ("CBG") exchanged their Common Shares of Canopy Growth Corporation (the "Issuer") for non-voting and non-participating exchangeable shares ("Exchangeable Shares") of the Issuer on a one-for-one basis.

F5 · price: The Exchangeable Shares are convertible into Common Shares on a one-for-one basis at any time at the election of the holder. The Exchangeable Shares are perpetual and therefore have no expiration date.

F5 · derivative.exercise_date: The Exchangeable Shares are convertible into Common Shares on a one-for-one basis at any time at the election of the holder. The Exchangeable Shares are perpetual and therefore have no expiration date.

F5 · derivative.expiration_date: The Exchangeable Shares are convertible into Common Shares on a one-for-one basis at any time at the election of the holder. The Exchangeable Shares are perpetual and therefore have no expiration date.

F4 · ownership.nature: These shares are owned directly by CBG, which is a wholly-owned indirect subsidiary of CBI. CBI is the only Reporting Person that has a pecuniary interest in these shares.

SEC source: 0000950170-24-046081 · ownership.xml · derivative · entry 3

CONSTELLATION BRANDS, INC. · CIK 0000016918 · 10% owner

Greenstar Canada Investment Limited Partnership · CIK 0001746720 · 10% owner

Greenstar Canada Investment Corp · CIK 0001746721 · 10% owner

Constellation Brands Canada Holdings ULC · CIK 0001679057 · 10% owner

Constellation Capital LLC · CIK 0001807236 · 10% owner

CONSTELLATION INTERNATIONAL HOLDINGS LTD · CIK 0001051699 · 10% owner

CBG Holdings LLC · CIK 0001749974 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · by Greenstar Canada Investment Limited Partnership

Disclosed balance after: 6,699,925

Underlying: Common Shares · 6,699,925 shares

Expires not disclosed

F5 · derivative.exercise_price: The Exchangeable Shares are convertible into Common Shares on a one-for-one basis at any time at the election of the holder. The Exchangeable Shares are perpetual and therefore have no expiration date.

F1 · kind: On April 18, 2024, Greenstar Canada Investment Limited Partnership ("GCILP") and CBG Holdings LLC ("CBG") exchanged their Common Shares of Canopy Growth Corporation (the "Issuer") for non-voting and non-participating exchangeable shares ("Exchangeable Shares") of the Issuer on a one-for-one basis.

F1 · shares: On April 18, 2024, Greenstar Canada Investment Limited Partnership ("GCILP") and CBG Holdings LLC ("CBG") exchanged their Common Shares of Canopy Growth Corporation (the "Issuer") for non-voting and non-participating exchangeable shares ("Exchangeable Shares") of the Issuer on a one-for-one basis.

F5 · price: The Exchangeable Shares are convertible into Common Shares on a one-for-one basis at any time at the election of the holder. The Exchangeable Shares are perpetual and therefore have no expiration date.

F5 · derivative.exercise_date: The Exchangeable Shares are convertible into Common Shares on a one-for-one basis at any time at the election of the holder. The Exchangeable Shares are perpetual and therefore have no expiration date.

F5 · derivative.expiration_date: The Exchangeable Shares are convertible into Common Shares on a one-for-one basis at any time at the election of the holder. The Exchangeable Shares are perpetual and therefore have no expiration date.

F3 · ownership.nature: These shares are owned directly by GCILP, whose general partner is Greenstar Canada Investment Corporation ("GCIC"), which is a wholly-owned subsidiary of Constellation Brands Canada Holdings ULC ("CBCH"), which is a wholly-owned subsidiary of Constellation Capital LLC ("CC"), which is a wholly-owned subsidiary of Constellation International Holdings Limited ("CIHL"), which is a wholly-owned subsidiary of Constellation Brands, Inc. ("CBI"). GCIC, CBCH, CC, CIHL and CBI are indirect beneficial owners of the reported shares.

SEC source: 0000950170-24-046081 · ownership.xml · nonDerivative · entry 2

CONSTELLATION BRANDS, INC. · CIK 0000016918 · 10% owner

Greenstar Canada Investment Limited Partnership · CIK 0001746720 · 10% owner

Greenstar Canada Investment Corp · CIK 0001746721 · 10% owner

Constellation Brands Canada Holdings ULC · CIK 0001679057 · 10% owner

Constellation Capital LLC · CIK 0001807236 · 10% owner

CONSTELLATION INTERNATIONAL HOLDINGS LTD · CIK 0001051699 · 10% owner

CBG Holdings LLC · CIK 0001749974 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · by CBG Holdings LLC

Disclosed balance after: 0

F1 · kind: On April 18, 2024, Greenstar Canada Investment Limited Partnership ("GCILP") and CBG Holdings LLC ("CBG") exchanged their Common Shares of Canopy Growth Corporation (the "Issuer") for non-voting and non-participating exchangeable shares ("Exchangeable Shares") of the Issuer on a one-for-one basis.

F1 · shares: On April 18, 2024, Greenstar Canada Investment Limited Partnership ("GCILP") and CBG Holdings LLC ("CBG") exchanged their Common Shares of Canopy Growth Corporation (the "Issuer") for non-voting and non-participating exchangeable shares ("Exchangeable Shares") of the Issuer on a one-for-one basis.

F2 · shares: In December 2023, the Issuer effected a reverse stock split at a ratio of one-for-ten. As a result, the Common Shares held by GCILP and CBG decreased by 60,299,333 Common Shares and 94,050,000 Common Shares, respectively.

F1 · price: On April 18, 2024, Greenstar Canada Investment Limited Partnership ("GCILP") and CBG Holdings LLC ("CBG") exchanged their Common Shares of Canopy Growth Corporation (the "Issuer") for non-voting and non-participating exchangeable shares ("Exchangeable Shares") of the Issuer on a one-for-one basis.

F1 · balance_after: On April 18, 2024, Greenstar Canada Investment Limited Partnership ("GCILP") and CBG Holdings LLC ("CBG") exchanged their Common Shares of Canopy Growth Corporation (the "Issuer") for non-voting and non-participating exchangeable shares ("Exchangeable Shares") of the Issuer on a one-for-one basis.

F4 · ownership.nature: These shares are owned directly by CBG, which is a wholly-owned indirect subsidiary of CBI. CBI is the only Reporting Person that has a pecuniary interest in these shares.

SEC source: 0000950170-24-046081 · ownership.xml · nonDerivative · entry 1

CONSTELLATION BRANDS, INC. · CIK 0000016918 · 10% owner

Greenstar Canada Investment Limited Partnership · CIK 0001746720 · 10% owner

Greenstar Canada Investment Corp · CIK 0001746721 · 10% owner

Constellation Brands Canada Holdings ULC · CIK 0001679057 · 10% owner

Constellation Capital LLC · CIK 0001807236 · 10% owner

CONSTELLATION INTERNATIONAL HOLDINGS LTD · CIK 0001051699 · 10% owner

CBG Holdings LLC · CIK 0001749974 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · by Greenstar Canada Investment Limited Partnership

Disclosed balance after: 0

F1 · kind: On April 18, 2024, Greenstar Canada Investment Limited Partnership ("GCILP") and CBG Holdings LLC ("CBG") exchanged their Common Shares of Canopy Growth Corporation (the "Issuer") for non-voting and non-participating exchangeable shares ("Exchangeable Shares") of the Issuer on a one-for-one basis.

F1 · shares: On April 18, 2024, Greenstar Canada Investment Limited Partnership ("GCILP") and CBG Holdings LLC ("CBG") exchanged their Common Shares of Canopy Growth Corporation (the "Issuer") for non-voting and non-participating exchangeable shares ("Exchangeable Shares") of the Issuer on a one-for-one basis.

F2 · shares: In December 2023, the Issuer effected a reverse stock split at a ratio of one-for-ten. As a result, the Common Shares held by GCILP and CBG decreased by 60,299,333 Common Shares and 94,050,000 Common Shares, respectively.

F1 · price: On April 18, 2024, Greenstar Canada Investment Limited Partnership ("GCILP") and CBG Holdings LLC ("CBG") exchanged their Common Shares of Canopy Growth Corporation (the "Issuer") for non-voting and non-participating exchangeable shares ("Exchangeable Shares") of the Issuer on a one-for-one basis.

F1 · balance_after: On April 18, 2024, Greenstar Canada Investment Limited Partnership ("GCILP") and CBG Holdings LLC ("CBG") exchanged their Common Shares of Canopy Growth Corporation (the "Issuer") for non-voting and non-participating exchangeable shares ("Exchangeable Shares") of the Issuer on a one-for-one basis.

F3 · ownership.nature: These shares are owned directly by GCILP, whose general partner is Greenstar Canada Investment Corporation ("GCIC"), which is a wholly-owned subsidiary of Constellation Brands Canada Holdings ULC ("CBCH"), which is a wholly-owned subsidiary of Constellation Capital LLC ("CC"), which is a wholly-owned subsidiary of Constellation International Holdings Limited ("CIHL"), which is a wholly-owned subsidiary of Constellation Brands, Inc. ("CBI"). GCIC, CBCH, CC, CIHL and CBI are indirect beneficial owners of the reported shares.

SEC source: 0001104659-24-024540 · tm246304-2_4seq1.xml · nonDerivative · entry 1

Mongeau Luc · CIK 0002011180 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,673

F1 · shares: The shares reported herein were granted on February 13, 2024, in the form of restricted stock units ("RSUs"). These RSUs will vest on March 29, 2024.

SEC source: 0001104659-24-024541 · tm246304-4_4seq1.xml · nonDerivative · entry 1

Kruh Willy · CIK 0002011224 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,673

F1 · shares: The shares reported herein were granted on February 13, 2024, in the form of restricted stock units ("RSUs"). These RSUs will vest on March 29, 2024.

SEC source: 0001104659-24-000450 · tm241459-2_4seq1.xml · nonDerivative · entry 1

Yanofsky Theresa · CIK 0001808511 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,501

F1 · shares: The shares reported as disposed herein were granted on August 22, 2023, in the form of restricted stock units ("RSUs"). The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of RSUs.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

F3 · balance_after: On December 15, 2023, the Issuer effected a consolidation (the "Consolidation") of the Issuer's issued and outstanding Common Shares on the basis of one (1) post-Consolidation Common Share for every ten (10) pre-Consolidation Common Shares. The amount of securities reported on this Form 4 have been adjusted to reflect the Consolidation.

SEC source: 0001104659-24-000448 · tm241459-1_4seq1.xml · nonDerivative · entry 1

Lazzarato David Angelo · CIK 0001808507 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,042

F1 · shares: The shares reported as disposed herein were granted on August 22, 2023, in the form of restricted stock units ("RSUs"). The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

F3 · balance_after: On December 15, 2023, the Issuer effected a consolidation (the "Consolidation") of the Issuer's issued and outstanding Common Shares on the basis of one (1) post-Consolidation Common Share for every ten (10) pre-Consolidation Common Shares. The amount of securities reported on this Form 4 have been adjusted to reflect the Consolidation.

SEC source: 0001104659-23-120732 · tm2331289-2_4seq1.xml · nonDerivative · entry 1

Yanofsky Theresa · CIK 0001808511 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 211,991

F1 · shares: The shares reported as disposed herein were granted on August 22, 2023, in the form of restricted stock units ("RSUs"). The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of RSUs.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

SEC source: 0001104659-23-120733 · tm2331289-3_4seq1.xml · nonDerivative · entry 1

Lazzarato David Angelo · CIK 0001808507 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 207,562

F1 · shares: The shares reported as disposed herein were granted on August 22, 2023, in the form of restricted stock units ("RSUs"). The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

SEC source: 0001104659-23-120727 · tm2331289-1_4seq1.xml · nonDerivative · entry 1

SCHMELING JUDY · CIK 0001441090 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 420,541

F1 · shares: The shares reported as disposed herein were granted on August 22, 2023, in the form of restricted stock units ("RSUs"). The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

SEC source: 0001104659-23-098730 · tm2325644-1_4seq1.xml · nonDerivative · entry 1

Yanofsky Theresa · CIK 0001808511 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 250,335

F1 · shares: The shares reported as disposed herein were granted on August 22, 2023, in the form of restricted stock units ("RSUs"). The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of RSUs.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

SEC source: 0001104659-23-098732 · tm2325644-3_4seq1.xml · nonDerivative · entry 1

Lazzarato David Angelo · CIK 0001808507 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 246,064

F1 · shares: The shares reported as disposed herein were granted on August 22, 2023, in the form of restricted stock units ("RSUs"). The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

SEC source: 0001104659-23-098731 · tm2325644-2_4seq1.xml · nonDerivative · entry 1

SCHMELING JUDY · CIK 0001441090 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 439,022

F1 · shares: The shares reported as disposed herein were granted on August 22, 2023, in the form of restricted stock units ("RSUs"). The disposition of shares is associated with tax obligations of the reporting person associated with the vesting of the RSUs.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

SEC source: 0001104659-23-094945 · tm2322295-8_4seq1.xml · nonDerivative · entry 1

Yanofsky Theresa · CIK 0001808511 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 289,138

F1 · shares: The shares reported herein were granted on August 22, 2023, in the form of restricted stock units ("RSUs"). These RSUs vest in four equal installments on August 31, 2023, September 30, 2023, December 31, 2023 and March 31, 2024.

SEC source: 0001104659-23-094942 · tm2322295-9_4seq1.xml · nonDerivative · entry 2

Hong Judy Eun Joo · CIK 0001896728 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,524,804

F2 · shares: The shares reported herein were granted on August 22, 2023, in the form of RSUs. These RSUs vest in three equal installments on the first, second and third anniversaries of the grant date.

SEC source: 0001104659-23-094942 · tm2322295-9_4seq1.xml · nonDerivative · entry 1

Hong Judy Eun Joo · CIK 0001896728 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,173

F1 · shares: Represents conversion of performance stock units to restricted stock units ("RSUs") upon determination by the Issuer's corporate governance, compensation & nominating committee regarding the level of achievement of performance metrics, and such RSUs vest on June 14, 2025.

SEC source: 0001104659-23-094943 · tm2322295-10_4seq1.xml · nonDerivative · entry 2

Gedeon Christelle · CIK 0001886836 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 920,221

F2 · shares: The shares reported herein were granted on August 22, 2023, in the form of RSUs. These RSUs vest in three equal installments on the first, second and third anniversaries of the grant date.

SEC source: 0001104659-23-094943 · tm2322295-10_4seq1.xml · nonDerivative · entry 1

Gedeon Christelle · CIK 0001886836 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,846

F1 · shares: Represents conversion of performance stock units to restricted stock units ("RSUs") upon determination by the Issuer's corporate governance, compensation & nominating committee regarding the level of achievement of performance metrics, and such RSUs vest on August 17, 2025.

SEC source: 0001104659-23-094948 · tm2322295-6_4seq1.xml · nonDerivative · entry 1

Lazzarato David Angelo · CIK 0001808507 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 285,027

F1 · shares: The shares reported herein were granted on August 22, 2023, in the form of restricted stock units ("RSUs"). These RSUs vest in four equal installments on August 31, 2023, September 30, 2023, December 31, 2023 and March 31, 2024.

SEC source: 0001104659-23-094946 · tm2322295-7_4seq1.xml · nonDerivative · entry 1

SCHMELING JUDY · CIK 0001441090 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 457,725

F1 · shares: The shares reported herein were granted on August 22, 2023, in the form of restricted stock units ("RSUs"). These RSUs vest in four equal installments on August 31, 2023, September 30, 2023, December 31, 2023 and March 31, 2024.

SEC source: 0001104659-23-094989 · tm2322295-11_4seq1.xml · nonDerivative · entry 3

Klein David Eric · CIK 0001553612 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,597,721

F3 · shares: The shares reported herein were granted on August 22, 2023, in the form of RSUs. These RSUs vest in three equal installments on the first, second and third anniversaries of the grant date.

SEC source: 0001104659-23-094989 · tm2322295-11_4seq1.xml · nonDerivative · entry 2

Klein David Eric · CIK 0001553612 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 239,504

F2 · shares: Represents conversion of PSUs to RSUs upon determination by the Issuer's CGCN Committee regarding the level of achievement of performance metrics, and such RSUs vest on June 14, 2025.

SEC source: 0001104659-23-094989 · tm2322295-11_4seq1.xml · nonDerivative · entry 1

Klein David Eric · CIK 0001553612 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 189,610

F1 · shares: Represents conversion of performance stock units ("PSUs") to restricted stock units ("RSUs") upon determination by the Issuer's corporate governance, compensation & nominating committee ("CGCN Committee") regarding the level of achievement of performance metrics, and such RSUs vest on June 9, 2024.

F4 · balance_after: Includes 1,654 common shares acquired under the Canopy Growth Corporation Employee Stock Purchase Plan (the "ESPP") on August 15, 2022 and 704 common shares acquired under the ESPP on February 16, 2023.

SEC source: 0000950170-23-032302 · ownership.xml · nonDerivative · entry 1

Hong Judy Eun Joo · CIK 0001896728 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,013

F1 · shares: The shares reported herein were granted on March 27, 2020 and June 9, 2021, in the form of restricted stock units. The disposition of shares is associated with tax obligations of the reporting person.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

SEC source: 0000950170-23-032308 · ownership.xml · nonDerivative · entry 1

Klein David Eric · CIK 0001553612 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 173,302

F1 · shares: The shares reported herein were granted on January 14, 2020 and March 27, 2020, in the form of restricted stock units. The disposition of shares is associated with tax obligations of the reporting person.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

SEC source: 0000950170-23-031859 · ownership.xml · derivative · entry 1

Gedeon Christelle · CIK 0001886836 · See Remarks

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,642,742

Underlying: Common Shares · 1,642,742 shares

Expires 2029-06-28

F1 · derivative.exercise_price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

F2 · derivative.exercise_date: The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of June 28, 2023.

SEC source: 0000950170-23-032302 · ownership.xml · derivative · entry 2

Hong Judy Eun Joo · CIK 0001896728 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,649,039

Underlying: Common Shares · 2,649,039 shares

Expires 2029-06-28

F2 · derivative.exercise_price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

F3 · derivative.exercise_date: The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of June 28, 2023.

SEC source: 0000950170-23-032310 · ownership.xml · derivative · entry 2

Stewart Thomas Carlton · CIK 0001806585 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 202,987

Underlying: Common Shares · 202,987 shares

Expires 2029-06-28

F2 · derivative.exercise_price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

F3 · derivative.exercise_date: The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of June 28, 2023.

SEC source: 0000950170-23-032308 · ownership.xml · derivative · entry 2

Klein David Eric · CIK 0001553612 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 12,447,290

Underlying: Common Shares · 12,447,290 shares

Expires 2029-06-28

F2 · derivative.exercise_price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

F3 · derivative.exercise_date: The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of June 28, 2023.

SEC source: 0000950170-23-032306 · ownership.xml · nonDerivative · entry 1

Yanofsky Theresa · CIK 0001808511 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,281

F1 · shares: The shares reported herein were granted on June 8, 2022, in the form of restricted stock units. The disposition of shares is associated with tax obligations of the reporting person.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

SEC source: 0000950170-23-032312 · ownership.xml · nonDerivative · entry 1

Lazzarato David Angelo · CIK 0001808507 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,170

F1 · shares: The shares reported herein were granted on June 8, 2022, in the form of restricted stock units. The disposition of shares is associated with tax obligations of the reporting person.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

SEC source: 0000950170-23-032310 · ownership.xml · nonDerivative · entry 1

Stewart Thomas Carlton · CIK 0001806585 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,245

F1 · shares: The shares reported herein were granted on March 27, 2020, June 9, 2021, March 29, 2022 and June 14, 2022, in the form of restricted stock units. The disposition of 8,119 shares is associated with tax obligations of the reporting person.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

SEC source: 0000950170-23-032305 · ownership.xml · nonDerivative · entry 1

SCHMELING JUDY · CIK 0001441090 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 55,939

F1 · shares: The shares reported herein were granted on June 8, 2022, in the form of restricted stock units. The disposition of shares is associated with tax obligations of the reporting person.

F2 · price: Prices are expressed in Canadian dollars, rounded to the nearest one hundredth.

SEC source: 0000899243-22-039601 · doc4.xml · nonDerivative · entry 1

Yanofsky Theresa · CIK 0001808511 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,137

F1 · shares: The shares reported herein were granted on June 8, 2022, in the form of restricted stock units. The disposition of shares is associated with tax obligations of the reporting person. The price reported herein is in Canadian dollars (CAD).

F1 · price: The shares reported herein were granted on June 8, 2022, in the form of restricted stock units. The disposition of shares is associated with tax obligations of the reporting person. The price reported herein is in Canadian dollars (CAD).

SEC source: 0000899243-22-039598 · doc4.xml · nonDerivative · entry 1

Lazzarato David Angelo · CIK 0001808507 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,679

F1 · shares: The shares reported herein were granted on June 8, 2022, in the form of restricted stock units. The disposition of shares is associated with tax obligations of the reporting person. The price reported herein is in Canadian dollars (CAD).

F1 · price: The shares reported herein were granted on June 8, 2022, in the form of restricted stock units. The disposition of shares is associated with tax obligations of the reporting person. The price reported herein is in Canadian dollars (CAD).

SEC source: 0000899243-22-039596 · doc4.xml · nonDerivative · entry 1

SCHMELING JUDY · CIK 0001441090 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,798

F1 · shares: The shares reported herein were granted on June 8, 2022, in the form of restricted stock units. The disposition of shares is associated with tax obligations of the reporting person. The price reported herein is in Canadian dollars (CAD).

F1 · price: The shares reported herein were granted on June 8, 2022, in the form of restricted stock units. The disposition of shares is associated with tax obligations of the reporting person. The price reported herein is in Canadian dollars (CAD).

SEC source: 0000899243-22-036981 · doc4.xml · derivative · entry 1

Hong Judy Eun Joo · CIK 0001896728 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 374,249

Underlying: Common Shares · 374,249 shares

Expires 2028-11-22

F1 · derivative.exercise_price: Prices are expressed in Canadian dollars.

F2 · derivative.exercise_date: The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of November 22, 2022

SEC source: 0000899243-22-036980 · doc4.xml · derivative · entry 1

Gedeon Christelle · CIK 0001886836 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,900

Underlying: Common Shares · 49,900 shares

Expires 2028-11-22

F1 · derivative.exercise_price: Prices are expressed in Canadian dollars.

F2 · derivative.exercise_date: The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of November 22, 2022

SEC source: 0000899243-22-036979 · doc4.xml · derivative · entry 1

Klein David Eric · CIK 0001553612 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 374,249

Underlying: Common Shares · 374,249 shares

Expires 2028-11-22

F1 · derivative.exercise_price: Prices are expressed in Canadian dollars.

F2 · derivative.exercise_date: The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of November 22, 2022.

SEC source: 0000899243-22-032422 · doc4.xml · nonDerivative · entry 1

Yanofsky Theresa · CIK 0001808511 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,854

F1 · shares: Represents deemed disposition of shares of common shares to the Issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units.

F2 · price: Prices are expressed in Canadian dollars.

SEC source: 0000899243-22-032423 · doc4.xml · nonDerivative · entry 1

Lazzarato David Angelo · CIK 0001808507 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,412

F1 · shares: Represents deemed disposition of shares of common shares to the Issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units.

F2 · price: Prices are expressed in Canadian dollars.

SEC source: 0000899243-22-032419 · doc4.xml · nonDerivative · entry 1

SCHMELING JUDY · CIK 0001441090 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 59,590

F1 · shares: Represents deemed disposition of shares of common shares to the Issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units.

F2 · price: Prices are expressed in Canadian dollars.

SEC source: 0000899243-22-028503 · doc4.xml · derivative · entry 1

Gedeon Christelle · CIK 0001886836 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 131,081

Underlying: Common Shares · 131,081 shares

Expires 2028-08-10

F1 · derivative.exercise_price: Prices are expressed in Canadian dollars.

F2 · derivative.exercise_date: The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of August 10, 2022

SEC source: 0000899243-22-029263 · doc4a.xml · derivative · entry 1

Gedeon Christelle · CIK 0001886836 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 262,162

Underlying: Common Shares · 262,162 shares

Expires 2028-08-10

F1 · derivative.exercise_price: Prices are expressed in Canadian dollars.

F3 · shares: On August 12, 2022, the reporting person filed a Form 4 which incorrectly included in Table II, Box 5, 131,081 stock options acquired on August 10, 2022, in Table II, Box 7, 131,081 underlying securities and in Table II, Box 9, 131,081 number of derivative securities beneficially owned following the reported transaction. The actual number of stock options acquired on August 10, 2022 was 262,162. As such, this Form 4/A corrects Table II, Boxes 5, 7 and 9 to reflect the correct number of stock options acquired, the correct number of underlying securities and the correct number of derivative securities beneficially owned following the reported transaction.

F2 · derivative.exercise_date: The options vest in three equal, annual installments on the first, second and third anniversaries of the grant date of August 10, 2022

F3 · derivative.underlying_shares: On August 12, 2022, the reporting person filed a Form 4 which incorrectly included in Table II, Box 5, 131,081 stock options acquired on August 10, 2022, in Table II, Box 7, 131,081 underlying securities and in Table II, Box 9, 131,081 number of derivative securities beneficially owned following the reported transaction. The actual number of stock options acquired on August 10, 2022 was 262,162. As such, this Form 4/A corrects Table II, Boxes 5, 7 and 9 to reflect the correct number of stock options acquired, the correct number of underlying securities and the correct number of derivative securities beneficially owned following the reported transaction.

F3 · balance_after: On August 12, 2022, the reporting person filed a Form 4 which incorrectly included in Table II, Box 5, 131,081 stock options acquired on August 10, 2022, in Table II, Box 7, 131,081 underlying securities and in Table II, Box 9, 131,081 number of derivative securities beneficially owned following the reported transaction. The actual number of stock options acquired on August 10, 2022 was 262,162. As such, this Form 4/A corrects Table II, Boxes 5, 7 and 9 to reflect the correct number of stock options acquired, the correct number of underlying securities and the correct number of derivative securities beneficially owned following the reported transaction.

SEC source: 0000899243-22-025645 · doc4.xml · nonDerivative · entry 1

Yanofsky Theresa · CIK 0001808511 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,565

F1 · shares: Represents deemed disposition of shares of common shares to the Issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units.

F2 · price: Prices are expressed in Canadian dollars.

SEC source: 0000899243-22-025632 · doc4.xml · nonDerivative · entry 1

Lazzarato David Angelo · CIK 0001808507 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,138

F1 · shares: Represents deemed disposition of shares of common shares to the Issuer to satisfy tax withholding obligations in connection with vesting of restricted stock units.

F2 · price: Prices are expressed in Canadian dollars.