Investor Presentaiton
DISCLAIMERS AND CAUTIONARY STATEMENTS
the potential effects of judicial, regulatory or other proceedings, litigation or threatened litigation or proceedings, or reviews or investigations, on our business,
financial condition, results of operations and cash flows; risks associated with divestment and restructuring; the anticipated effects of actions of third parties such as
competitors, activist investors or federal, state, provincial, territorial or local regulatory authorities, self-regulatory organizations, plaintiffs in litigation or persons
threatening litigation; consumer demand for cannabis and U.S. hemp products; the risks that the Canadian Transformative Plan will not result in the expected cost-
savings, efficiencies and other benefits or will result in greater than anticipated turnover in personnel; the implementation and effectiveness of key personnel
changes; risks related to stock exchange restrictions; risks related to the protection and enforcement of our intellectual property rights; the risk that cost savings
and any other synergies from the investment in us from Constellation Brands, Inc. and its affiliates may not be fully realized or may take longer to realize than
expected; future levels of capital, environmental or maintenance expenditures, general and administrative and other expenses; risks relating to the long term
macroeconomic effects of the COVID-19 pandemic and any future pandemic or epidemic; the proceedings commenced by BioSteel Sports Nutrition Inc. ("BioSteel
Canada") under the Companies' Creditors Arrangement Act in the Ontario Superior Court of Justice (the "CCAA Proceedings") and the recognition of that
proceeding under Chapter 15 of the United States Bankruptcy Code to give full force and effect to orders made in the CCAA Proceedings in the United States,
including a stay of proceedings will require a significant amount of time and cost; adverse publicity related to the CCAA Proceedings may affect the Company's
business; the CCAA Proceedings may not improve the financial condition of the Company; unless we are able to deconsolidate Canopy USA upon its acquisition of
Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC (collectively, "Wana"), Lemurian, Inc. ("Jetty") or the issued and outstanding Class
E subordinate voting shares of Acreage, Canopy USA's acquisition of these assets may be delayed; and the factors discussed under the heading "Risk Factors" in
the Company's Annual Report on Form 10-K for the year ended March 31, 2023 and in Item 1A of Part II of the Company's Quarterly Report on Form 10-Q for the
quarterly period ended September 30, 2023 filed with the SEC on November 9, 2023 (the "Form 10-Q"). Readers are cautioned to consider these and other factors,
uncertainties and potential events carefully and not to put undue reliance on forward-Forward-looking statements are provided for the purposes of assisting the
reader in understanding our financial performance, financial position and cash flows as of and for periods ended on certain dates and to present information about
management's current expectations and plans relating to the future, and the reader is cautioned that the forward-looking statements may not be appropriate for any
other purpose. While we believe that the assumptions and expectations reflected in the forward-looking statements are reasonable based on information currently
available to management, there is no assurance that such assumptions and expectations will prove to have been correct. Forward-looking statements are made as
of the date they are made and are based on the beliefs, estimates, expectations and opinions of management on that date. We undertake no obligation to update
or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any
material difference between subsequent actual events and such forward-looking statements, except as required by law. The forward-looking statements contained
in this Presentation and other reports we file with, or furnish to, the SEC and other regulatory agencies and made by our directors, officers, other employees and
other persons authorized to speak on our behalf are expressly qualified in their entirety by these cautionary statements.
looking statements.View entire presentation