Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NYSE: CGC) today announced its financial results for the second quarter ended September 30, 2019. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. This press release is intended to be read in conjunction with the Company's Condensed Interim Consolidated Financial Statements and Management Discussion & Analysis for the three and six months ended September 30, 2019, which will be filed on SEDAR (www.sedar.com) and will be available at www.canopygrowth.com.

SMITHS FALLS, ON , Nov. 14, 2019 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NYSE: CGC) today announced its financial results for the second quarter ended September 30, 2019 . All financial information in this press release is reported in Canadian dollars, unless otherwise indicated. This press release is intended to be read in conjunction with the Company's Condensed Interim Consolidated Financial Statements and Management Discussion & Analysis for the three and six months ended September 30, 2019 , which will be filed on SEDAR ( www.sedar.com ) and will be available at www.canopygrowth.com . 

The medical cannabis industry continued to progress after the National Health Services in England and Wales recently decided to approve cannabis-based medicines. Specifically, three treatments using medicinal cannabis were approved by the National Institute for Health and Care Excellence (NICE). As such, NICE noted that these cannabis-based medicines will be restricted to the treatment of only one of two rare forms of childhood epilepsy, multiple sclerosis, and chemotherapy-induced nausea. The institute also noted that all marijuana-based medications must be prescribed by specialist doctors. And an institute spokesman said that the recommendations could immediately be applied for England and Wales, with Northern Ireland expected to consider their use on a case-by-case basis, according to the New York Times. However, the rules do not apply in Scotland, which has its own healthcare guidelines. Generally, the approval by the constituent countries of the U.K. marks another major milestone within the cannabis industry. And England and Wales now join a handful of other international regions that have decided to move towards legalizing medical cannabis. For instance, major countries such as Australia, Canada, Colombia, France, Germany, Italy, Spain, and parts of the U.S. have all moved to adopt some sort of medical cannabis legislation. However, to note, most countries tend to have varying regulations on which specific ailments cannabis is eligible to treat. Nevertheless, as clinical trials continue to advance, industry experts believe that cannabis will become an important alternative treatment for numerous ailments. And according to data compiled by Fortune Business Insights, the global cannabis market was valued at USD 10.6 Billion in 2018. By 2026, the market is expected to reach USD 97.35 Billion while exhibiting a CAGR of 32.92% during the forecast period from 2019 to 2026. Pasha Brands Ltd. (OTC: CRFTF) (CSE: CRFT), Canopy Growth Corporation (NYSE: CGC) (TSX: WEED), Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), Aphria Inc. (NYSE: APHA) (TSX: APHA), Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB)