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Canopy Growth Corporation (Canopy) has announced a Special Meeting of shareholders to be held virtually on April 12, 2024, to consider a special resolution authorizing an amendment to the company's Articles of Incorporation. The amendment proposes the creation of an unlimited number of non-voting, non-participating exchangeable shares and the restatement of the rights of the common shares to include a conversion feature. This move follows Canopy's strategic repositioning to enter the U.S. cannabis market, facilitated by the formation of Canopy USA, LLC, a Delaware holding company. Canopy USA holds the company's Structured U.S. Investments, which include options to acquire U.S. cannabis businesses that are currently federally illegal. The amendment aims to provide shareholders with...Show More
Canopy Growth Corporation (Canopy) has announced a Special Meeting of shareholders to be held virtually on April 12, 2024, to consider a special resolution authorizing an amendment to the company's Articles of Incorporation. The amendment proposes the creation of an unlimited number of non-voting, non-participating exchangeable shares and the restatement of the rights of the common shares to include a conversion feature. This move follows Canopy's strategic repositioning to enter the U.S. cannabis market, facilitated by the formation of Canopy USA, LLC, a Delaware holding company. Canopy USA holds the company's Structured U.S. Investments, which include options to acquire U.S. cannabis businesses that are currently federally illegal. The amendment aims to provide shareholders with the opportunity to assess their comfort with Canopy's U.S. cannabis market exposure and to retain a non-voting interest in the company. The Board unanimously recommends shareholders vote in favor of the amendment. If the resolution is not approved, Canopy USA will not be permitted to exercise rights to acquire shares of Acreage, Wana, or Jetty, and related agreements will be terminated.
Canopy Growth Corporation（Canopy）宣佈將於2024年4月12日虛擬舉行股東特別會議，以審議一項授權修訂公司章程的特別決議。該修正案提議創建無限數量的無表決權、非參與的可交換股票，並重述普通股的權利以包括轉換功能。此舉是在特拉華州控股公司Canopy USA, LLC的成立推動下，Canopy進行了戰略調整，進入美國大麻市場。Canopy USA持有該公司的美國結構性投資，其中包括收購目前在聯邦政府中非法的美國大麻企業的期權。該修正案旨在讓股東有機會評估他們對Canopy在美國大麻市場敞口的滿意度，並保留在該公司的無表決權益。董事會一致建議股東對該修正案投贊成票。如果該決議未獲批准，Canopy USA將不得行使收購Acreage、Wana或Jetty股份的權利，相關協議將終止。
Canopy Growth Corporation（Canopy）宣佈將於2024年4月12日虛擬舉行股東特別會議，以審議一項授權修訂公司章程的特別決議。該修正案提議創建無限數量的無表決權、非參與的可交換股票，並重述普通股的權利以包括轉換功能。此舉是在特拉華州控股公司Canopy USA, LLC的成立推動下，Canopy進行了戰略調整，進入美國大麻市場。Canopy USA持有該公司的美國結構性投資，其中包括收購目前在聯邦政府中非法的美國大麻企業的期權。該修正案旨在讓股東有機會評估他們對Canopy在美國大麻市場敞口的滿意度，並保留在該公司的無表決權益。董事會一致建議股東對該修正案投贊成票。如果該決議未獲批准，Canopy USA將不得行使收購Acreage、Wana或Jetty股份的權利，相關協議將終止。
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