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Canopy Growth | 4: Statement of changes in beneficial ownership of securities-10% Owner CONSTELLATION BRANDS, INC.

SEC announcement ·  Apr 20 05:05
Summary by Futu AI
In a significant move on April 18, 2024, Constellation Brands, Inc. disposed of a substantial number of Canopy Growth Corp (CGC) shares. The transactions involved the sale of 6,699,925 shares through Greenstar Canada Investment Limited Partnership and an additional 10,450,000 shares through CBG Holdings LLC, both indirect holdings. Following these transactions, Constellation Brands no longer holds any shares in Canopy Growth Corp. The sales were executed under transaction code 'J', indicating that the shares were disposed of, but the specific nature of this code was not described in the report. This major divestment by Constellation Brands could have a notable impact on Canopy Growth's stock performance and investor sentiment.
In a significant move on April 18, 2024, Constellation Brands, Inc. disposed of a substantial number of Canopy Growth Corp (CGC) shares. The transactions involved the sale of 6,699,925 shares through Greenstar Canada Investment Limited Partnership and an additional 10,450,000 shares through CBG Holdings LLC, both indirect holdings. Following these transactions, Constellation Brands no longer holds any shares in Canopy Growth Corp. The sales were executed under transaction code 'J', indicating that the shares were disposed of, but the specific nature of this code was not described in the report. This major divestment by Constellation Brands could have a notable impact on Canopy Growth's stock performance and investor sentiment.

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