X0206 3 2020-04-01 0 0001737927 Canopy Growth Corp CGC 0001806340 Lee Michael Alan C/O CANOPY GROWTH CORPORATION 1 HERSHEY DRIVE SMITHS FALLS A6 K7A 0A8 ONTARIO, CANADA 0 1 0 0 Chief Financial Officer Stock Option 36.34 2024-12-24 Common Shares 450000 D Stock Option 21.34 2026-03-27 Common Shares 81984 D Performance Share Units 0.00 2026-03-27 Common Shares 13664 D The options were granted on December 24, 2018 and vest in three equal annual installments on the first, second and third anniversaries of the grant date. The options were granted on March 27, 2020 and vest in three equal annual installments on the first, second and third anniversaries of the grant date. Each performance share unit represents a contingent right to receive one share of the issuer's common stock. The performance share units were granted on March 27, 2020, and vest in three equal annual installments beginning on the second anniversary of the grant date based on satisfaction of certain performance criteria. The first of the performance criteria is tied directly to the market price of the common shares, and as such 13,644 performance share units are reportable as of the date of this Form 3. The other performance share units are subject to performance criteria that have not been met and therefore are not reported in Table II. The exercise price is expressed in Canadian dollars. /s/ Michael Alan Lee 2020-04-01