First-of-its kind vaporizer features adjustable air flow and is the fastest heating vaporizer in the S&B lineup

TUTTLINGEN, Germany  – STORZ & BICKEL GmbH (“STORZ & BICKEL”), a world-leading manufacturer of high-end and medically certified vaporizers and a subsidiary of Canopy Growth Corporation (“Canopy Growth”) (TSX: WEED) (NASDAQ: CGC), today announced the anticipated launch of the VENTY, STORZ & BICKEL’s state-of-the-art portable vaporizer for dry herbs. Its newly designed convection and conduction heater as well as the cutting-edge heating management and cooling technology enhance flavor to produce superior vapor quality on the go.

The VENTY will officially be launched by a global keynote hosted by Jürgen Bickel, Founder and Managing Director, STORZ & BICKEL taking place today, October 17, 2023, at 12pm ET. Those interested in viewing the keynote and learning about the full list of device features can access it here: https://www.youtube.com/watch?v=4OJxDpvglHQ

“The VENTY marks a significant milestone in STORZ & BICKEL’s innovation journey. As our first entirely new product since 2014, the VENTY builds on our longstanding commitment to quality and innovation. It follows our objective to deliver the highest quality vaporizer experience possible from any device” said Jürgen Bickel, Founder and Managing Director, STORZ & BICKEL. “Featuring industry-leading technology, the VENTY is set to revolutionize consumption, giving consumers a convenient and customizable vaporizing experience that takes the best of what consumers have come to love in STORZ & BICKELs tabletop and portable devices by combining them into one incredible package.”

The VENTY’s most notable features include an adjustable airflow for more precise customization; temperature precision with adjustable temperatures directly on the device; the fastest heat-up-time of any STORZ & BICKEL vaporizer so far; rapid USB-C charging; smart connectivity via Bluetooth and a Web App for convenient control and customization.

Continued Bickel, “The VENTY is a powerful addition to the growing STORZ & BICKEL portfolio. Consumers are central to our innovation process, and each device – including the VENTY – is specifically designed with their evolving needs in mind.”

Corresponding with the global keynote and launch of the device at 12pm ET today, the VENTY will be available for purchase online at https://www.storz-bickel.com or in-person with licensed retailers.

For more information about STORZ & BICKEL, please visit www.storz-bickel.com.

About STORZ & BICKEL GmbH:

STORZ & BICKEL GmbH is the global leader in the manufacture of high-end and medically certified cannabis vaporizers. With a commitment to quality, innovation, and compliance, the company has consistently delivered exceptional products that meet the highest industry standards. Based in Tuttlingen, Germany, STORZ & BICKEL continues to drive the advancement of vaporization technology, providing a safe and efficient means of consuming cannabis for medical purposes.

About Canopy Growth:

Canopy Growth is a leading North American cannabis and consumer packaged goods (“CPG”) company dedicated to unleashing the power of cannabis to improve lives.

Through an unwavering commitment to its consumers, Canopy Growth delivers innovative products with a focus on premium and mainstream cannabis brands including Doja, 7ACRES, Tweed, and Deep Space. Canopy Growth’s CPG portfolio features targeted 24-hour skincare and wellness solutions from This Works, gourmet wellness products by Martha Stewart CBD, and category defining vaporizer technology made in Germany by Storz & Bickel.

Canopy Growth has also established a comprehensive ecosystem to realize the opportunities presented by the U.S. THC market through its rights to Acreage Holdings Inc., a vertically integrated multi-state cannabis operator with principal operations in densely populated states across the Northeast, as well as Wana Brands, a leading cannabis edible brand in North America, and Jetty Extracts, a California-based producer of high-quality cannabis extracts and pioneer of clean vape technology.

Beyond its world-class products, Canopy Growth is leading the industry forward through a commitment to social equity, responsible use, and community reinvestment—pioneering a future where cannabis is understood and welcomed for its potential to help achieve greater well-being and life enhancement.

For more information visit www.canopygrowth.com.