Canopy Growth to Announce Third Quarter Fiscal 2019 Financial Results

Canopy Growth to Announce Third Quarter

Fiscal 2019 Financial Results

SMITHS FALLS, ON, Jan. 15, 2019 /CNW/ - Canopy

Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NYSE: CGC) will release its financial

results for the third quarter fiscal 2019 ended December 31, 2018 after financial markets close on February 14, 2019.

Canopy Growth to Announce Third Quarter Fiscal

2019 Financial Results (CNW Group/Canopy Growth Corporation)

Following the release of its third quarter

2019 financial results, Canopy Growth will host a conference call and audio webcast with Bruce Linton, Chairman & Co-CEO and

Tim Saunders, EVP & CFO at 8:30 AM Eastern Time on February 15, 2019.

A live audio webcast will be available at:

Toll Free Dial-In Number: 1-888-231-8191

International Dial-In Number: (647) 427-7450

Conference ID: 4179499

A replay of the call will be accessible by telephone until 11:59 PM ET on May 14, 2019.

Toll Free Dial-in Number: 1-855-859-2056

Replay Password: 4179499

About Canopy Growth Corporation

Canopy Growth is a world-leading diversified cannabis and hemp company, offering distinct brands and curated cannabis varieties

in dried, oil and Softgel capsule forms. Canopy Growth offers medically approved vaporizers through the Company's subsidiary, Storz

& Bickel GMbH & Co. KG. From product and process innovation to market execution, Canopy Growth is driven by a passion for

leadership and a commitment to building a world-class cannabis company one product, site and country at a time. The Company has

operations in over 15 countries across five continents. The Company is proudly dedicated to educating healthcare practitioners,

conducting robust clinical research, and furthering the public's understanding of cannabis, and through its wholly owned subsidiary,

Canopy Health Innovations ("Canopy Health"), has devoted millions of dollars toward cutting edge, commercializable research

and IP development. Canopy Growth works with the Beckley Foundation and has launched Beckley Canopy Therapeutics to research and

develop clinically validated cannabis-based medicines, with a strong focus on intellectual property protection. Canopy Growth acquired

assets of leading hemp research company, ebbu, Inc. ("ebbu"). Intellectual Property ("IP") and R&D advancements

achieved by ebbu's team apply directly to Canopy Growth's hemp and THC-rich cannabis genetic breeding program and its cannabis-infused

beverage capabilities. Through partly owned subsidiary Canopy Rivers Corporation, the Company is providing resources and investment

to new market entrants and building a portfolio of stable investments in the sector. From our historic public listing on the Toronto

Stock Exchange and New York Stock Exchange to our continued international expansion, pride in advancing shareholder value through

leadership is engrained in all we do at Canopy Growth. Canopy Growth has established partnerships with leading sector names including

cannabis icon Snoop Dogg, breeding legends DNA Genetics and Green House seeds, Battelle, the world's largest nonprofit research

and development organization, and Fortune 500 alcohol leader Constellation Brands, to name but a few. Canopy Growth operates ten

licensed cannabis production sites with over 4.3 million square feet of production capacity, including over 500,000 square feet

of GMP certified production space. The Company operates Tweed retail stores in Newfoundland and Manitoba and has entered into supply

agreements with every Canadian province and territory. For more information visit www.canopygrowth.com

Notice Regarding Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation

Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation.

Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans",

"expects" or "does not expect", "is expected", "estimates", "intends", "anticipates"

or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions,

events or results "may", "could", "would", "might" or "will" be taken, occur

or be achieved. Forward-looking statements or information involve known and unknown risks, uncertainties and other factors which

may cause the actual results, performance or achievements of Canopy Growth or its subsidiaries to be materially different from

any future results, performance or achievements expressed or implied by the forward-looking statements or information contained

in this news release. Examples of such statements include statements with respect to international operations in the LATAM region.

Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance,

prospects and opportunities to differ materially from those expressed or implied by such forward-looking information, including

the Company's ability to satisfy provincial sales contracts or provinces purchasing all cannabis allocated to them, and such risks

contained in the Company's annual information form dated June 27, 2018 and filed with Canadian securities regulators available

on the Company's issuer profile on SEDAR at www.sedar.com. Although the Company believes that the assumptions and factors used

in preparing the forward-looking information or forward-looking statements in this news release are reasonable, undue reliance

should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames

or at all. The forward-looking information and forward-looking statements included in this news release are made as of the date

of this news release and the Company does not undertake an obligation to publicly update such forward-looking information or forward-looking

information to reflect new information, subsequent events or otherwise unless required by applicable securities laws.

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SOURCE Canopy Growth Corporation

View original content to download multimedia:

For further information: Caitlin O'Hara, Media Relations,

Caitlin.Ohara@canopygrowth.com, 613-291-3239; Investor Relations, Tyler Burns, Tyler.Burns@canopygrowth.com, 855-558-9333 ext.

122; Director: Bruce Linton, tmx@canopygrowth.com

CO: Canopy Growth Corporation

CNW 14:00e 15-JAN-19