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Canopy Reports Fourth Quarter, Fiscal Results
July 13, 2017

Six additional grow rooms licensed at Smiths Falls, Ontario Facility, increasing flowering space by 33%; industrial cannabis oil extraction system now operational, system capable of producing as much oil in approximately one month as the Company has produced since extraction activities commenced in November 2015

Dry cannabis inventory held for extraction is expected to be rapidly converted to oils and capsules with new AES industrial capacity extraction equipment.

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