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Canopy Growth | 424B3: Prospectus

SEC announcement ·  Apr 1 17:28
Summary by Moomoo AI
Canopy Growth Corporation, a Canadian cannabis company listed on the Nasdaq under the symbol CGC, has filed a prospectus supplement on April 1, 2024, to update and supplement information from its previous prospectus dated February 5, 2024. The supplement includes details from a Current Report filed with the SEC on the same date. The filing pertains to the potential sale of up to 16,317,020 common shares by selling securityholders, which includes shares issued during a private placement on January 19, 2024. The company's shares are also traded on the Toronto Stock Exchange under the symbol 'WEED'. The prospectus supplement also references a significant corporate event involving an amendment to an arrangement agreement with Canopy USA, LLC and Acreage Holdings, Inc. This amendment, dated March 29, 2024, extends the...Show More
Canopy Growth Corporation, a Canadian cannabis company listed on the Nasdaq under the symbol CGC, has filed a prospectus supplement on April 1, 2024, to update and supplement information from its previous prospectus dated February 5, 2024. The supplement includes details from a Current Report filed with the SEC on the same date. The filing pertains to the potential sale of up to 16,317,020 common shares by selling securityholders, which includes shares issued during a private placement on January 19, 2024. The company's shares are also traded on the Toronto Stock Exchange under the symbol 'WEED'. The prospectus supplement also references a significant corporate event involving an amendment to an arrangement agreement with Canopy USA, LLC and Acreage Holdings, Inc. This amendment, dated March 29, 2024, extends the Exercise Outside Date for the acquisition of Acreage's Class D subordinate voting shares by Canopy USA from March 31, 2024, to April 30, 2024. The completion of this Floating Share Arrangement is subject to certain conditions, and there is no certainty that the acquisition will be completed. The amendment is fully detailed in the Current Report filed with the SEC.

This announcement is a separate document:

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