Effective May 1, 2018, the Canopy Rivers Board of Directors now includes two nominees of Canopy Growth Corporation and three independent directors. Each director boasts significant executive experience, strategic industry know-how, and a strong public company governance background, and the Board is expected to provide the Company with guidance as it moves forward in the rapidly growing global cannabis sector. Joe Mimran, founder of Club Monaco and Joe Fresh, a judge on Dragons' Den, and a world-renowned thought leader in merchandise, fashion, and retail, has joined the Board as an independent director.

Asha Daniere, also an independent Director, brings valuable insight as an experienced lawyer with public company experience as well as an entrepreneurial perspective in technology and media from her current role at Blue Ant Media Inc. and her previous role at Score Media Inc. Richard Mavrinac, the third independent director, is an experienced accountant and finance professional and will provide the Company with invaluable knowledge from his prior roles as Chief Financial Officer of both Loblaw Companies Limited and George Weston Limited. The Company has also added to its management team, further bolstering its team of experienced financial and technical professionals. Olivier Dufourmantelle (Chief Operating Officer) brings to Canopy Rivers cannabis industry operational skills developed from his years of operational experience at Canopy Growth, where he previously served as Chief Operating Officer.

Eddie Lucarelli (Chief Financial Officer), previously a Vice President in the Mergers &Acquisitions group at a chartered Canadian bank, has an extensive corporate finance and business valuation background through his prior roles in the investment banking and professional services worlds. Daniel Pearlstein (EVP, Head of Business Development), previously a principal at an independent investment bank, has significant global cannabis sector experience from his years covering the industry as a top equity research analyst. Matt Mundy (General Counsel) brings to the Company significant legal experience from his prior role at a leading Bay Street law firm, where he advised clients from a variety of industries, including cannabis, on transactional and commercial matters.