CANOPY GROWTH ANNOUNCES DETAILS REGARDING CONVERTING INTO EXCHANGEABLE SHARES
SMITHS FALLS, ON, March 11, 2024 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or the “Company“) (TSX:WEED) (Nasdaq: CGC) today announced additional details with respect to the previously announced special resolution to be voted on by the shareholders of Canopy Growth (the “Canopy Shareholders“) authorizing an amendment to the Company’s articles of incorporation, as amended (the “Amendment Proposal“), in order to: (i) create and authorize the issuance of an unlimited number of a new class of non-voting and non-participating exchangeable shares in the capital of Canopy Growth (the “Exchangeable Shares“); and (ii) restate the rights of the common shares in the capital of Canopy Growth (the “Common Shares“) to provide for a conversion feature whereby each Common Share may at any time, at the option of the holder, be converted into one Exchangeable Share. Canopy Shareholders will be asked to consider and vote on the Amendment Proposal at a special meeting of Canopy Shareholders on Friday, April 12, 2024 at 1:00PM ET (the “Meeting“).