Canopy Growth Receives Nasdaq Notice for Minimum Bid Price Noncompliance

• Canopy Growth received Nasdaq noncompliance notice October 14, 2026, following 30 consecutive business days with common shares below $1.00.
• Compliance deadline is April 12, 2027; the closing bid must reach at least $1.00 for 10 consecutive business days.
• The notice has no immediate effect on Nasdaq trading or listing; Toronto Stock Exchange compliance remains unaffected.
• A conditional 180-day extension requires transfer to Nasdaq Capital Market; failure to qualify or regain compliance could trigger delisting.
• Shareholders will consider a one-for-five to one-for-15 reverse stock split October 23, 2026; implementation must precede the compliance deadline by 10 business days.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Canopy Growth Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-116639), on October 16, 2026, and is solely responsible for the information contained therein.