Canopy Growth Corp Files 8-K

TL;DR

Canopy Growth filed an 8-K on June 6th. Standard update, no major news in this snippet.

AI Summary

Canopy Growth Corporation filed an 8-K on June 6, 2024, reporting other events and financial statements. The filing details the company's principal executive offices located at 1 Hershey Drive, Smiths Falls, Ontario, K7A 0A8, and its primary business phone number. No specific financial figures or significant events were detailed in the provided excerpt.

Why It Matters

This filing indicates Canopy Growth is providing updates to the SEC, which could contain material information for investors regarding the company's operations or financial status.

Risk Assessment

Risk Level: low — The provided text is a standard SEC filing notification and does not contain specific financial data or event details that would indicate immediate risk.

Key Players & Entities

• Canopy Growth Corporation (company) — Registrant
• June 6, 2024 (date) — Date of earliest event reported
• 1 Hershey Drive Smiths Falls , Ontario K7A 0A8 (address) — Address of principal executive offices
• 855-558-9333 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $250,000,000 — to an aggregate offering price of up to $250,000,000 (or the equivalent in Canadian currency

Filing Documents

• tm2416368d8_8k.htm (8-K) — 36KB
• tm2416368d8_ex1-1.htm (EX-1.1) — 405KB
• tm2416368d8_ex5-1.htm (EX-5.1) — 24KB
• tm2416368d8_ex5-1img001.jpg (GRAPHIC) — 3KB
• tm2416368d8_ex5-1img002.jpg (GRAPHIC) — 8KB
• 0001104659-24-068924.txt ( ) — 741KB
• cgc-20240606.xsd (EX-101.SCH) — 3KB
• cgc-20240606_lab.xml (EX-101.LAB) — 33KB
• cgc-20240606_pre.xml (EX-101.PRE) — 22KB
• tm2416368d8_8k_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events. On June 6, 2024, Canopy Growth Corporation (the "Company") entered into an equity distribution agreement (the "Equity Distribution Agreement") with BMO Capital Markets Corp. (the "U.S. Agent") and BMO Nesbitt Burns Inc. (the "Canadian Agent", and together with the U.S. Agent, the "Agents" and each an "Agent"), pursuant to which the Company may offer and sell, from time to time, up to an aggregate offering price of up to $250,000,000 (or the equivalent in Canadian currency) of the Company's common shares (the "Common Shares") through the Agents. The U.S. Agent may sell Common Shares only in the United States (the "U.S. Offering"), and the Canadian Agent may sell Common Shares only on marketplaces in Canada (the "Concurrent Canadian Offering"). In the U.S. Offering, sales of Common Shares, if any, will be made by any method that is deemed to be an "at the market offering" as defined in Rule 415(a)(4) under the Securities Act of 1933, as amended, including, but not limited to, sales made directly on The Nasdaq Global Select Market or any other trading market for the Common Shares in the United States or pursuant to any other sales method used by the U.S. Agent. In the Concurrent Canadian Offering, sales of Common Shares, if any, will be made in transactions that are deemed to be "at-the-market distributions" as defined in National Instrument 44-101 — Short Form Prospectus Distributions , including sales made by the Canadian Agent directly on the Toronto Stock Exchange or any other marketplace for the Common Shares in Canada or pursuant to any other sales method used by the Canadian Agent. The Agents may also sell the Common Shares by any other method agreed by the Company and the applicable Agent and permitted by applicable law, including, without limitation, as block transactions. Actual sales of Common Shares pursuant to the Equity Distribution Agreement will depend on a variety of factors to be determined by the Company from time to time,

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit Description 1.1*+ Equity Distribution Agreement, dated as of June 6, 2024, by and among Canopy Growth Corporation and BMO Capital Markets Corp. and BMO Nesbitt Burns Inc. 5.1 Opinion of Cassels Brock & Blackwell LLP 23.1 Consent of Cassels Brock & Blackwell LLP (included in Exhibit 5.1) 104 Cover Page Interactive Data File (formatted in Inline XBRL document) * A non-material exhibit has been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company hereby undertakes to furnish supplemental copies of the omitted exhibit upon request by the SEC. + Portions of this exhibit have been omitted pursuant to Item 601(a)(6) of Regulation S-K.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. CANOPY GROWTH CORPORATION Date: June 6, 2024 By: /s/ Judy Hong Judy Hong Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR