Friday, September 18, 2020 9:45:00 PM
Acreage and Canopy Growth anticipate implementing the Amended Arrangement on or about September
23, 2020 (the “Amendment Date”). Holders of Acreage shares and certain securities convertible or
exchangeable into Class A subordinate voting shares of Acreage (the “Subordinate Voting Shares”) as
of the close of business on September 22, 2020, the business day immediately preceding the Amendment
Date (the “Record Date”), will be entitled to receive their pro rata portion (on an as converted to Subordinate
Voting Share basis) of US$37,500,024
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