Summary by Moomoo AI
Canopy Growth Corporation has formally requested the U.S. Securities and Exchange Commission (SEC) to accelerate the effectiveness of its Registration Statement on Form S-1, initially filed on September 20, 2023. The company seeks to have the registration become effective at 4:00 p.m. Eastern Time on February 5, 2024, or as soon as possible thereafter. This request was made under Rule 461 of the Securities Act of 1933. Canopy Growth has acknowledged its responsibilities under the Securities Act of 1933 and the Securities Exchange Act of 1934 in relation to the upcoming securities offering detailed in the Registration Statement. The company's outside counsel, Yariv Katz of Paul Hastings LLP, has been authorized to modify or withdraw the acceleration request and will be informed promptly once the Registration Statement is effective.