Canopy Growth Corp Announces Board & Executive Changes
Ticker: CGC · Form: 8-K · Filed: Sep 17, 2025 · CIK: 1737927
| Field | Detail |
|---|---|
| Company | Canopy Growth Corp (CGC) |
| Form Type | 8-K |
| Filed Date | Sep 17, 2025 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $375,000, $250,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, executive-compensation
TL;DR
Canopy Growth shakes up board and exec pay - new era begins?
AI Summary
Canopy Growth Corporation announced on September 17, 2025, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory plans for key personnel. Specific details regarding the individuals involved and the financial implications of these changes are outlined within the report.
Why It Matters
Changes in leadership and compensation can signal shifts in company strategy and financial priorities, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in executive and board composition can introduce uncertainty regarding future strategy and operational stability.
Key Players & Entities
- Canopy Growth Corporation (company) — Registrant
- September 17, 2025 (date) — Date of Report
FAQ
Who specifically departed from their officer roles?
The filing indicates the departure of certain officers, but specific names are not listed in the provided excerpt.
Were new directors elected to the board?
Yes, the filing mentions the election of directors as an item of information.
What is the primary business address of Canopy Growth Corporation?
The primary business address is 1 Hershey Drive, Smiths Falls, Ontario K7A 0A8.
What is the fiscal year end for Canopy Growth Corporation?
The fiscal year end for Canopy Growth Corporation is March 31.
What is the SIC code for Canopy Growth Corporation?
The Standard Industrial Classification (SIC) code is 2833, which corresponds to MEDICINAL CHEMICALS & BOTANICAL PRODUCTS.
Filing Stats: 1,572 words · 6 min read · ~5 pages · Grade level 11.9 · Accepted 2025-09-17 16:35:59
Key Financial Figures
- $375,000 — y and is entitled to a base salary of US$375,000 per year. Mr. Stewart is also eligible
- $250,000 — (i) such number of RSUs as is equal to $250,000 divided by Fair Market Value (as such t
Filing Documents
- tm2526282d1_8k.htm (8-K) — 37KB
- tm2526282d1_ex10-1.htm (EX-10.1) — 121KB
- tm2526282d1_ex99-1.htm (EX-99.1) — 8KB
- tm2526282d1_ex10-1img001.jpg (GRAPHIC) — 7KB
- 0001104659-25-090861.txt ( ) — 369KB
- cgc-20250917.xsd (EX-101.SCH) — 3KB
- cgc-20250917_lab.xml (EX-101.LAB) — 33KB
- cgc-20250917_pre.xml (EX-101.PRE) — 22KB
- tm2526282d1_8k_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On September 17, 2025, the Company issued a press release titled "Canopy Growth Appoints Tom Stewart as Chief Financial Officer," a copy of which is attached hereto as Exhibit 99.1 and is incorporated by reference herein solely for purposes of this Item 7.01 disclosure. The information set forth and incorporated by reference in Item 7.01 of this Report, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such section. The information set forth and incorporated by reference in Item 7.01 of this Report, including Exhibit 99.1 attached hereto, shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any incorporation by reference language in any such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Employment Agreement, effective as of September 17, 2025, between Canopy Growth USA, LLC and Thomas Stewart. 99.1 Press Release, dated September 17, 2025. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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 hereunto duly authorized. CANOPY GROWTH CORPORATION By: /s/ Christelle Gedeon Christelle Gedeon Chief Legal Officer Date: September 17, 2025