Canopy Growth Details Exchangeable Share Conversion

TL;DR

Canopy Growth is converting to exchangeable shares, get ready for changes.

AI Summary

Canopy Growth Corporation announced on March 11, 2024, details regarding its conversion into exchangeable shares. The company is located at 1 Hershey Drive, Smith Falls, Ontario, K7A0A8, and can be reached at 855-558-9333. This filing is a DEFA14A, indicating a definitive proxy statement.

Why It Matters

This filing provides crucial information for shareholders regarding a significant corporate restructuring, impacting their investment in Canopy Growth.

Risk Assessment

Risk Level: medium — Changes in corporate structure and share types can introduce new risks and uncertainties for investors.

Key Players & Entities

• Canopy Growth Corporation (company) — Registrant
• 1 HERSHEY DRIVE (company) — Business Address
• SMITH FALLS (company) — Business Address City
• K7A0A8 (company) — Business Address ZIP
• 855-558-9333 (company) — Business Phone
• March 11, 2024 (date) — Filing Date

FAQ

Filing Documents

• tm246792d4_defa14a.htm (DEFA14A) — 60KB
• 0001104659-24-032996.txt ( ) — 61KB

Forward-looking statements

Forward-looking statements include, but are not limited to, statements with respect to: the anticipated timing, occurrence and outcome of the Meeting; statements with respect to the U.S. cannabis sector; expectations regarding the U.S. federal laws and regulations and any amendments thereto; expectations regarding the potential success of, and the costs and benefits associated with, our acquisitions, joint ventures, strategic alliances, equity investments and dispositions; the future performance of our business and operations; and expectations for other economic, business, and/or competitive factors. By their nature, forward-looking statements are subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking statements in this press release. Such factors include, without limitation, our limited operating history; the diversion of management time on issues related to the Amendment Proposal and Canopy USA, LLC; the adequacy of our capital resources and liquidity, including but not limited to, availability of sufficient cash flow to execute our business plan (either within the expected timeframe or at all); volatility in and/or degradation of general economic, market, industry or business conditions; compliance with applicable policies and regulations; changes in regulatory requirements in relation to our business and products; our reliance on licenses issued by and contractual arrangements with various federal, state and provincial governmental authorities; changes in laws, regulations and guidelines and our compliance with such laws, regulati

forward-looking statements

forward-looking statements. While we believe that the assumptions and expectations reflected in the forward-looking statements are reasonable based on information currently available to management, there is no assurance that such assumptions and expectations will prove to have been correct. Forward-looking statements are made as of the date they are made and are based on the beliefs, estimates, expectations and opinions of management on that date. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking statements, except as required by law. The forward-looking statements contained in this press release and other reports we file with, or furnish to, the SEC and other regulatory agencies and made by our directors, officers, other employees and other persons authorized to speak on our behalf are expressly qualified in their entirety by these cautionary statements. Participants in the Solicitation Canopy Growth and its directors and executive officers may be deemed participants in the solicitation of proxies from shareholders with respect to the solicitation of votes to consider the Amendment Proposal. A description of the interests of our directors and executive officers in the Amendment Proposal is contained in the Proxy Statement and is available free of charge at the SEC’s website at www.sec.gov, or by directing a request to Canopy Growth Corporation, 1 Hershey Drive, Smiths Falls, Ontario, K7A 0A8 or by email to invest@canopygrowth.com. Investors should read the Proxy Statement as it contains important information. FORM OF NOTICE OF CONVERSION OF COMMON SHARES TO: ODYSSEY TRUST COMPANY (the “ Transfer Agent ”) 702 – 67 Yonge Street Toronto, Ontario M5E 1J8 CC: CANOPY GROWTH CORPORATION (the “ Corporation &r

View Full Filing

View this DEFA14A filing on SEC EDGAR