Canopy Growth Corporation · TSX:WEED

Canopy Growth — Investor Presentation (March 2020)

28 slides from Canopy Growth's investor presentation, March 2020

  1. Slide 1: Canopy Growth Corporation Investor Presentation March 2020

    CANOPY GROWTH CORPORATION Investor Presentation March 2020

  2. Slide 2: Forward-Looking Statement

    FORWARD-LOOKING STATEMENT !"#$%&'($()*+*#,)%-,)*+#)$%./,'0+'123,,4#)5%#)/,'6+*#,)7%0#*"#)%*"(%6(+)#)5%,/%+&&3#-+83(%9+)+1#+)%$(-:'#*#($%3+0$%+)1%./,'0+'123,,4#)5%$*+*(6()*$7%0#*"#)%*"(%6(+)#)5%,/%*"(%;)#*(1%<*+*($% ='#>+*(%<(-:'#*#($%?#*#5+*#,)%@(/,'6%A-*%,/%BCCD%E-,33(-*#>(3FG%.H,'0+'12?,,4#)5%<*+*

  3. Slide 3: Key Themes

    KEY THEMES !"#"$%&'&$(($)*+%"*, -)$.&"%!/#*./%*&(01#/&*$&1&-$2+#/3&/4/2+*"$%&(01#/& 5+"63"%7&5)1%3#&1%3&()$3+2*#&$-&*$31,&1%3&*$.$))$8 2$.."**/3&*$&3/6"!/)"%7&#01)/0$63/)&!16+/ U

  4. Slide 4: Building a Profitable World-Class Cannabis Company

    VISION & OPPORTUNITY BUILDING A PROFITABLE WORLD-CLASS CANNABIS COMPANY 7)$##&)/!/%+/&."4&9:;&-,<=&!#>&:;&-,?@A ! 7EFEGHIEJ&KLEG&MCN@..& :;&-,?@ OF&7GKPP&)ELEFQE&KF&H& #*)1*/7"2&&& **.&RHPOP< 12:+"#"*"$%# ! 6EHJOFS&THGUEI&PVHGE&OF& ?CB 2HFHJOHF&)EWGEHIOKFHX& :;&-,<= 21%13"1%&& THGUEI& )/2)/1*"$%16&&

  5. Slide 5: Drive Conversion from Illicit to Regulated Market

    VISION & OPPORTUNITY DRIVE CONVERSION FROM ILLICIT TO REGULATED MARKET 2KTROFEJ&/PIOTHIEJ&.HGUEI&#O^E_&M5 "66"2"* )/7+61*/3 N>? @>; <>N C CN>; NN>D B T U BI 9Z[9G%%\-,),6#-%Z)$#5"*$G%!"(%]#)*('%,/%^:'%S#$-,)*()*G%_+)%TYB`G%#)%;<SG%@(-'(+*#,)+3%+)1%a(1#-+3%-,68#)(1J TI a+'#L:+)+%[:$#)($$%H+-*8,,4%b*"

  6. Slide 6: Cannabis Global Market Opportunity

    VISION & OPPORTUNITY CANNABIS GLOBAL MARKET OPPORTUNITY /PIOTHIEJ& C@@ M;Dd +>#> 21%131 Countries M?D@5`&*1.< ;D@ /PIOTHIEJ&2HFFHROP& ;@@ #HXEP&LP>&$IVEG&2(7& With / Exploring 2HIESKGOEP&OF&2HFHJH&'& 8OIVOF&<D&[EHGP& ?D@ Legal Cannabis "FWXQJOFSa ?@@ +>#>&9OF&213&M5A ;;D? Framework <D@ M<<d +>#>&)EW

  7. Slide 7: Recruit New Adult Consumers to the Cannabis Market

    VISION & OPPORTUNITY RECRUIT NEW ADULT CONSUMERS TO THE CANNABIS MARKET \SZ[?\G%gA=\G =@\2@^??%AhS%^!Q\@ H^@a%HA9!^@<%9^a[Zh\SG ;J<J%<A?\<%aZi%j@\] H@^a ;DB&"%&?@<DG !^%D=B&"%&?@<d b

  8. Slide 8: Add New Consumption Occasions Through New Form Factors

    VISION & OPPORTUNITY ADD NEW CONSUMPTION OCCASIONS THROUGH NEW FORM FACTORS .KGE&*VHF& <eOFeC&(EKfXE& "FIEFJ& *K&+PE& 2HFFHROP& 5ELEGHSEP< BI 9,0()P$%9+)+1#+)%9+))+8#$%<:'>(F%Ea+F%TYBCG%)klBbYYI d

  9. Slide 9: Key Themes

    KEY THEMES !"#"$%&'&$(($)*+%"*, -)$.&"%!/#*./%*&(01#/&*$&1&-$2+#/3&/4/2+*"$%&(01#/ 5+"63"%7&5)1%3#&1%3&()$3+2*#&$-&*$31,&1%3&*$.$))$8 2$.."**/3&*$&3/6"!/)"%7&#01)/0$63/)&!16+/ C

  10. Slide 10: New Leadership Team's Key Priorities

    PIVOTING FROM INVESTMENT PHASE TO A FOCUSED EXECUTION PHASE NEW LEADERSHIP TEAM’S KEY PRIORITIES !"#$%"#&'()*'+,#*)#-".)/"0 ! !"!"#$%&'()!'#*(+! #$%&'()&*(#' ! !"+#$,","!%$'-./#-.-+$!+01+#'-.-#+.&'/ ! !"0(",+*/21' -#+.&'/"*0&*"-&'"%,',$&*,"0"$+*+3'.!/$4.,1"5 ! !"*(%$*'- &'1"!('-+21' .&$*',$"*#"&22"3

  11. Slide 11: Focus on Winning in Canadian Recreational Market

    PIVOTING FROM INVESTMENT PHASE TO A FOCUSED EXECUTION PHASE FOCUS ON WINNING IN CANADIAN RECREATIONAL MARKET g< g< $%*1)"$ %1*"$%16 ?;B ??B g< %$!1&#2$*"1 ?<B g<&()"%2/& g< /381)3&"#61%3 165/)*1 ;DB ;=B <,:'-(G%+%-,68#)+*#,)%,/%<*+*$%9+)+1+G%Z)/,'6+*#,)%$:86#**(1%8F%&',>#)-($G%+)1%9j9%#)*(')+3%#)/,'

  12. Slide 12: A Sizable Opportunity in Canada to Capture Increased Number of Retail Stores

    PIVOTING FROM INVESTMENT PHASE TO A FOCUSED EXECUTION PHASE A SIZABLE OPPORTUNITY IN CANADA TO CAPTURE INCREASED NUMBER OF RETAIL STORES 2+))/%*a $%&'&:2&N@B&KY&(Kf>_ h&<@B&KY&#IKGEP&9cDA %1*"$%16< =@= .1)i/*&3/.1%3a $%&'&:2&PVKQXJ :2 VHLE&REI\EEF $% <<@@&HFJ&?;@@? PIKGEP BI [,/A%<(-:'#*#($G%H(8':+'

  13. Slide 13: Remain a Trusted Partner in Canada Medical Market

    PIVOTING FROM INVESTMENT PHASE TO A FOCUSED EXECUTION PHASE REMAIN A TRUSTED PARTNER IN CANADA MEDICAL MARKET 5 d`GUYYm%"(+3*"-+'(%&',/($$#,)+3% >#$#*$B 5 ?(+')#)5%6,1:3($%+--'(1#*(1%8F% 9+)+1#+)%="+'6+-F%A$$,-#+*#,) 5 =#3,*%&',5'+6%0n%^)*+'#,%?,)5% !('6%9+'(%A$$,-#+*#,) 5 \23(+')#)5%6,1:3($%0n%!'((

  14. Slide 14: Build a Leadership Position in the U.S.

    PIVOTING FROM INVESTMENT PHASE TO A FOCUSED EXECUTION PHASE BUILD A LEADERSHIP POSITION IN THE U.S. +>#>&253&.HGUEI&HXGEHJ[&HI&MC5j&YKGEWHPI&IK&GEHWV&M?@5&R[&?@?D< ;J<J%9[S%;<Aj\%[X%H^@a%HA9!^@ ! BVp%,/%A6('#-+)$%:$#)5%9[S%&',1:-*$G%&('% _:3F%TYBC%j+33:&%=,33 $IVEGP_& ?@B ! ^>('2#)1(K($%#)%Bd2UV%F(+

  15. Slide 15: Planned Acquisition of MSO Acreage Holdings

    PIVOTING FROM INVESTMENT PHASE TO A FOCUSED EXECUTION PHASE BUILD A LEADERSHIP POSITION IN THE U.S. Planned Acquisition of MSO Acreage Holdings on Cannabis Federal Permissibility1 1WGEHSE&6ELEGHSOFS&2HFKf[&"(? 5 *\EEJeRGHFJEJ&YXK\EG&XHQFWVEJ&OF&"6_&./_&.1_&HFJ& $)_&OFWGEHPOFS&FQTREG&KY&*\EEJ&PIGHOFP

  16. Slide 16: Key Themes

    KEY THEMES !"#"$%&'&$(($)*+%"*, -)$.&"%!/#*./%*&(01#/&*$&1&-$2+#/3&/4/2+*"$%&(01#/ 5+"63"%7&5)1%3#&1%3&()$3+2*#&$-&*$31,&1%3&*$.$))$8 2$.."**/3&*$&3/6"!/)"%7&#01)/0$63/)&!16+/ B`

  17. Slide 17: Brand portfolio

    Gp WA Wd == thisworks e TOKYO SMOKE 24HR SKIN SOLUTIONS PFEn (2) gay: First HOUSEPLANT yey (eo) &Klree Sparc?

  18. Slide 18: Flower & Pre-Roll Joints - Market Segmentation

    BUILDING BRANDS AND PRODUCTS OF TODAY AND TOMORROW FLOWER & PRE-ROLL JOINTS - MARKET SEGMENTATION $QG&XHGSEPI&RGHFJ&OF&5?5& 1&fGETOQT&YXK\EGkfGEeGKXX& GEWGEHIOKFHXj&VOSVX[&WQGHIEJj& lKOFI&RGHFJj&65#&#QFPEI&Qf& RGKHJ&HffEHX< KLEG&D@B&OF&;:&-,?@< $QG&LHXQE&RGHFJj&SGE\&IK& FEHGX[&?@B&KY&KQG&PHXEP&TOZ&

  19. Slide 19: Edibles

    BUILDING BRANDS AND PRODUCTS OF TODAY AND TOMORROW EDIBLES 2HFFHROPeOFYQPEJ&WGHYI&WVKWKXHIE& fGKJQWEJ&OF&WKXXHRKGHIOKF&\OIV& H\HGJe\OFFOFS&WVKWKXHIE&THUEG_& 0QTTOFSROGJ&2VKWKXHIE ;&JOPIOFWI&m5EHFeIKeRHGn&fGKJQWIP& QFJEG&IVE&*\EEJ_&*KU[K&#TKUE&HFJ& 5EHF&'&5QJ&RGHFJP 2KFIHOF&Qf&IK&H&XOTOI&KY&<@&TOXXOS

  20. Slide 20: Vapes

    BUILDING BRANDS AND PRODUCTS OF TODAY AND TOMORROW VAPES 1XX&3ELOWEP&\OXX&KRIHOF&+6&=<;d&PHYEI[&WEGIOYOWHIOKF o+o+&(K\EGp&D<@&)EWVHGSEHRXE& *KU[K&#TKUE&6QTH&e +6&=<;d&WEGIOYOEJ& o+o+&o$"%*#p&#OFSXEeQPE_&GEHJ[eIKe 5HIIEG[&!HfE&(EF&\k&RQIIKFXEPP& LHfE&P[PIET&\OIV&GEWVHGSEHRXE& SK_&GEW[WXHRXE_&5XQEIKKI

  21. Slide 21: Beverages

    BUILDING BRANDS AND PRODUCTS OF TODAY AND TOMORROW BEVERAGES 5 #KfVOPIOWHIEJ&IHPIE&\OIV&H&GHFSE&KY&YXHLKG&fGKYOXEP&IK& PHIOPY[&H&\OJE&LHGOEI[&KY&WKFPQTEG&IHPIEP> 5 6K\&WHXKGOEP_&FK&mVHFSKLEG>n 5 #EGLOFS&KY&?&TS&KY&*02&OP&OJEHX&YKG&WKFPQTEGP_&HP&OI& HXXK\P&YKG&TKGE&WKFIGKX>&*VOP&OP&QFXOUE&\VHI&\E&PEE

  22. Slide 22: CBD

    BUILDING BRANDS AND PRODUCTS OF TODAY AND TOMORROW CBD <*',)5%&3+*/,'6%*,%()*('%*"(%$&,'*$% ):*'#*#,)%6+'4(* j3,8+3%3(+1('%#)%)+*:'+3 =+'*)('$"#&$%0n%;<A%Q,-4(FG%9+)+1+% $4#)-+'(%+)1%$3((&%$,3:*#,)$ [+$4(*8+33G%A*"3(*#-$%9+)+1+%+)1%*"(% =',/($$#,)+3%Q,-4(F%=3+F('$%A$$,-#+*#,)G% S(>(3,&#)5%)(0%3#)(%,

  23. Slide 23: Diversifying Our Cannabis Business

    BUILDING BRANDS AND PRODUCTS OF TODAY AND TOMORROW DIVERSIFYING OUR CANNABIS BUSINESS /QGKfEqP&XHGSEPI&WHFFHROFKOJeRHPEJ& \K&,'*$%6(1#-+33F%+&&',>(1%>+&,'#M('$%*,% fVHGTHWEQIOWHXP&THFQYHWIQGEG& DY%6+'4(*$%53,8+33FG%0n%"(+*2),*28:')% ?(+1#)5%6+):/+-*:'('%+)1%1#$*'#8:*,'%,/% *(-"),3,5F 1',)+8#),3G%+%'

  24. Slide 24: Supported by R&D & IP Protection Programs

    BUILDING BRANDS AND PRODUCTS OF TODAY AND TOMORROW SUPPORTED BY R&D & IP PROTECTION PROGRAMS CANNABIS-BASED MEDICAL THERAPY R&D BUILDING OUR ECONOMIC MOAT <;@`&(1*/%*#_&;D@`&(1*/%*& 60 HUMAN HEALTH CLINICAL TRIALS INCLUDING PHASE IIB SLEEP, PAIN, ANXIETY AND PHASE 1((6"21*"$%#&-"6/3&*$&31*/_& III SP

  25. Slide 25: Key Themes

    KEY THEMES !"#"$%&'&$(($)*+%"*, -)$.&"%!/#*./%*&(01#/&*$&1&-$2+#/3&/4/2+*"$%&(01#/ 5+"63"%7&5)1%3#&1%3&()$3+2*#&$-&*$31,&1%3&*$.$))$8 2$.."**/3&*$&3/6"!/)"%7&#01)/0$63/)&!16+/ TD

  26. Slide 26: Our Medium Term Targets

    COMMITTED TO DELIVERING SHAREHOLDER VALUE OUR MEDIUM TERM TARGETS ! 6#3(*(7,"89&$*,$2/"!1:93*,1";<=>?!@ ('" A&'&1&"B/"C8"DEF@ ! 6#3(*(7,"89&$*,$2/"!1:93*,1";<=>?!@ G#$" *0,"*#*&2"-#+.&'/"B/"C8"DEFF ! 6#3(*(7,"H,*"='-#+,"I(*0('"DEFJKDEFL" BI A1L:$*(1%\[Z!SAG%+%),)2ZH@<%6(+$:'(G%#$%+%4(F%,&('+*#,)+3%6

  27. Slide 27: Leadership

    LEADERSHIP David Klein Mike Lee Rade Kovacevic CEO EVP & CFO President Tb

  28. Slide 28: Thank You

    THANK YOU cy TOKYO SMOKE “1 Spectrum

Canopy Growth — Investor Presentation (March 2020) on 6ix