Summary by Moomoo AI
Canopy Growth Corporation, a leading company in the cannabis industry, has been informed by the United States Securities and Exchange Commission (SEC) that its recent Registration Statement on Form S-1, filed on January 26, 2024, will not undergo review by the agency. The SEC's communication, dated January 31, 2024, was addressed to David Klein, CEO of Canopy Growth, and clarified that the responsibility for the accuracy and adequacy of disclosures in the registration statement lies with the company and its management. The SEC also referenced Rules 460 and 461, which pertain to requests for acceleration of the registration process. Canopy Growth has been advised to contact Alan Campbell from the SEC's Division of Corporation Finance, Office of Life Sciences, for any further inquiries.