Canopy Growth Corporation, a Canadian company listed on the Nasdaq Global Select Market under the symbol CGC, filed a prospectus supplement on May 13, 2024, to update and supplement information from its current report on Form 8-K. The supplement pertains to the offer and sale of up to 13,218,453 common shares by selling securityholders, which were issued under various agreements dating back to May 2022. The company also announced an eighth amendment to its Floating Share Arrangement Agreement with Canopy USA, LLC and Acreage Holdings, Inc., extending the Exercise Outside Date and the date for exercising the Canopy Call Option to June 17, 2024. This amendment is part of a series of amendments to an arrangement agreement that began in October 2022. The completion of the Floating...Show More

Canopy Growth Corporation, a Canadian company listed on the Nasdaq Global Select Market under the symbol CGC, filed a prospectus supplement on May 13, 2024, to update and supplement information from its current report on Form 8-K. The supplement pertains to the offer and sale of up to 13,218,453 common shares by selling securityholders, which were issued under various agreements dating back to May 2022. The company also announced an eighth amendment to its Floating Share Arrangement Agreement with Canopy USA, LLC and Acreage Holdings, Inc., extending the Exercise Outside Date and the date for exercising the Canopy Call Option to June 17, 2024. This amendment is part of a series of amendments to an arrangement agreement that began in October 2022. The completion of the Floating Share Arrangement is subject to certain conditions, and there is no certainty that the acquisition of Acreage will be completed. The common shares of Canopy Growth are also traded on the Toronto Stock Exchange under the symbol WEED, and as of May 10, 2024, the closing price on the Nasdaq was US$9.05 per share.