Evolving Cannabis Industry Potential and Constellation Investment Overview
Strategy Doesn't Change, It Only Gets Better
CANOPY GROWTH
Constellation
Brands
CORPORATION
Canopy Near-Term Priorities
Cement Leadership Position
in Canadian Recreational
Market
3
Grow Presence in Existing
International Markets
LO
5
Develop and Launch New
Cannabis Product Formats
2
7
8
Improve Distribution and
Infrastructure
Capture Additional Share in
Canadian and International
Medicinal Market
Expand into New
Geographies¹
Develop Industrial Scale
Manufacturing Technology
Increase International
Production Capabilities and
Growing Capacity
✓
Constellation's Growth Accelerators
World-class consumer brand building
expertise
Deep understanding of consumer trends and
shifting preferences
Global platform to enhance expansion into
new and existing markets
Financial resources to support robust
global growth
Disciplined approach to M&A, finance, large-
scale production, marketing and sales
Experience bringing regulated products to
market
1 In jurisdictions that have legalized cannabis usage.
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