Links to the conference call and press release are often available. See "Non-GAAP Measures". Canopy Growth Stock Doesn’t Look Ready for a Post-Earnings Pop Wait before going long on CGC Stock By Tezcan Gecgil , InvestorPlace Contributor May 21, 2020, 6:40 am EDT May 21, 2020 Use Notebook to save your investment ideas in one convenient, private, and secure place. A daily schedule of board of director, shareholder and analyst/investor meetings. Canopy Growth Corporation (CGC) latest earnings report: revenue, EPS, surprise, history, news and analysis. 1 Adjusted gross margin percentage is a non-GAAP measure. The first quarter fiscal 2021 and first quarter fiscal 2020 financial results presented in this press release have been prepared in accordance with U.S. GAAP. See "Non-GAAP Measures". A shortcut to view the full list of positions in your portfolio? For more information visit www.canopygrowth.com. Presentations Q1 2021 Earnings Presentation FY 2020 Q4 and Full Year Earnings Presentation Virtual Investor Meeting Presentation * Dates are tentative and subject to change. A monthly schedule of stocks to be split, along with the 1 Includes excise taxes of $7.2 million (Q1 2020 - $11.5 million). You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. Adjusted Gross Margin is calculated as gross margin excluding charges related to the flow-through of inventory step-up associated with business combinations. The Company's medical division, Spectrum Therapeutics is proudly dedicated to educating healthcare practitioners, conducting robust clinical research, and furthering the public's understanding of cannabis, and has devoted millions of dollars toward cutting edge, commercializable research and IP development. Click the portfolio icon to get information about stocks you own without leaving the research page. The forward-looking statements contained in this press release 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. Canopy Growth (TSX:WEED) (NYSE:CGC) has set the release date for its Q1 2020 results on Wednesday, August 14, at the close of the day. A schedule of the daily earnings announcements. Click the company name for historical and next quarter estimate earnings information. Adjusted EBITDA is a non-GAAP measure used by management that is not defined by U.S. GAAP and may not be comparable to similar measures presented by other companies. These forward-looking statements are generally identified by their use of such terms and phrases as "intend," "goal," "strategy," "estimate," "expect," "project," "projections," "forecasts," "plans," "seeks," "anticipates," "potential," "proposed," "will," "should," "could," "would," "may," "likely," "designed to," "foreseeable future," "believe," "scheduled" and other similar expressions. While our management considers these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be 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. Yes, please! Canopy Growth Corporation (CGC) - NYSE Next Earnings Date: OS Estimate: Nov. 11, 2020 BO OS Projected Window: Nov. 12, 2020 to Nov. 15, 2020 1 Adjusted gross margin and adjusted gross margin percentage are non-GAAP measures. All financial information in this press release is reported in millions of Canadian dollars, unless otherwise indicated. Also Read: Infographic: Chewy (CHWY) Q2 2020 earnings in a nutshell Canopy Growth shares plunged more than 10% Wednesday evening, following the earnings report. our ability to execute on our strategy and the anticipated benefits of such strategy; the ongoing impact of the legalization of additional cannabis product types and forms for recreational use in. expectations regarding the potential success of, and the costs and benefits associated with, our acquisitions, joint ventures, strategic alliances and equity investments; the plan of arrangement with Acreage Holdings, Inc., as may be amended pursuant to the Proposal Agreement, including the consummation of such acquisition. Change in operating assets and liabilities, net of effects from purchases   of businesses: Other, including non-cash fair value adjustments, Purchases of and deposits on property, plant and equipment, (Purchases) redemption of short-term investments, Recovery of amounts related to construction financing, Payment of acquisition related liabilities, Net cash outflow on acquisition of noncontrolling interests, Net cash outflow on acquisition of subsidiaries, Proceeds from issuance of shares by Canopy Rivers, Net cash provided by (used in) financing activities, Effect of exchange rate changes on cash and cash equivalents, Net decrease in cash and cash equivalents, Cash and cash equivalents, beginning of period, Adjusted Gross Margin1 Reconciliation (Non-GAAP Measure), Charges related to the flow-through of inventorystep-up on business combinations. The forward-looking statements contained herein are based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including: (i) management's perceptions of historical trends, current conditions and expected future developments; (ii) our ability to generate cash flow from operations; (iii) general economic, financial market, regulatory and political conditions in which we operate; (iv) the production and manufacturing capabilities and output from our facilities and our joint ventures, strategic alliances and equity investments; (v) consumer interest in our products; (vi) competition; (vii) anticipated and unanticipated costs; (viii) government regulation of our activities and products including but not limited to the areas of taxation and environmental protection; (ix) the timely receipt of any required regulatory authorizations, approvals, consents, permits and/or licenses; * our ability to obtain qualified staff, equipment and services in a timely and cost-efficient manner; (xi) our ability to conduct operations in a safe, efficient and effective manner; (xii) our ability to realize anticipated benefits, synergies or generate revenue, profits or value from our recent acquisitions into our existing operations; (xiii) our ability to continue to operate in light of the COVID-19 pandemic and the impact of the pandemic on demand for, and sales of, our products and our distribution channels; and (xiv) other considerations that management believes to be appropriate in the circumstances.

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