Summary by Moomoo AI
Canopy Growth Corporation has filed a prospectus supplement on January 2, 2024, to update and supplement information in its previous prospectus dated July 28, 2023. The supplement includes a Current Report on Form 8-K filed with the SEC on January 2, 2024, which details the offer and sale of up to 13,218,453 common shares by selling securityholders. These shares were issued on various dates in 2022 and 2023 as part of agreements with Canopy Oak LLC, Lemurian, Inc., and other parties, including a Third Amendment to Tax Receivable Agreement. The company also disclosed an amendment to the Floating Share Arrangement Agreement with Canopy USA, LLC and Acreage Holdings, Inc., extending the Exercise Outside Date from December 31, 2023, to March 31, 2024. This amendment is related to the acquisition of Acreage's issued...Show More