Canopy Growth Files Proxy Statement for Sept. 24 Shareholder Meeting

TL;DR

Canopy Growth's proxy statement is out for the Sept 24 meeting - shareholders vote on exec pay & company direction.

AI Summary

Canopy Growth Corporation filed a definitive proxy statement (DEF 14A) on August 1, 2024, for its annual meeting of shareholders. The filing provides details regarding the company's governance, executive compensation, and proposals to be voted on by shareholders. Key information includes the date of the shareholder meeting, which is set for September 24, 2024, and the company's fiscal year end of March 31.

Why It Matters

This filing is crucial for shareholders as it outlines the company's leadership, compensation practices, and the specific items they will vote on, impacting the company's future direction and governance.

Risk Assessment

Risk Level: medium — Proxy statements can reveal information about executive compensation, board composition, and shareholder proposals that may indicate underlying risks or strategic shifts within the company.

Key Numbers

• 20240801 — Filing Date (Date the DEF 14A was filed with the SEC.)
• 20240924 — Shareholder Meeting Date (The date shareholders will convene to vote on company matters.)

Key Players & Entities

• Canopy Growth Corporation (company) — Registrant
• August 1, 2024 (date) — Filing Date
• September 24, 2024 (date) — Shareholder Meeting Date
• March 31 (date) — Fiscal Year End

FAQ

From the Filing

0001104659-24-084685.txt : 20240801 0001104659-24-084685.hdr.sgml : 20240801 20240801090344 ACCESSION NUMBER: 0001104659-24-084685 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 27 CONFORMED PERIOD OF REPORT: 20240924 FILED AS OF DATE: 20240801 DATE AS OF CHANGE: 20240801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Canopy Growth Corp CENTRAL INDEX KEY: 0001737927 STANDARD INDUSTRIAL CLASSIFICATION: MEDICINAL CHEMICALS & BOTANICAL PRODUCTS [2833] ORGANIZATION NAME: 03 Life Sciences IRS NUMBER: 000000000 STATE OF INCORPORATION: Z4 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-38496 FILM NUMBER: 241164644 BUSINESS ADDRESS: STREET 1: 1 HERSHEY DRIVE CITY: SMITH FALLS STATE: A6 ZIP: K7A0A8 BUSINESS PHONE: 855-558-9333 MAIL ADDRESS: STREET 1: 1 HERSHEY DRIVE CITY: SMITH FALLS STATE: A6 ZIP: K7A0A8 DEF 14A 1 tm2420248d3_def14a.htm FORM-DEF14A       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   SCHEDULE 14A   INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION   Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. )   Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Definitive Proxy Statement ☐ Definitive Additional Materials ☐ Soliciting Material under §240.14a-12   CANOPY GROWTH CORPORATION (Name of Registrant as Specified in Its Charter)   N/A (Name of Person(s) Filing Proxy Statement, if other than the Registrant)   Payment of Filing Fee (Check all boxes that apply):   ☒   No fee required ☐   Fee paid previously with preliminary materials. ☐   Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.                 2024 Proxy Statement And Notice of Annual General Meeting of Shareholders To be held on Tuesday, September 24, 2024         Proxy Statement Summary     This proxy statement contains proposals to be voted on at the Meeting and other information about Canopy Growth Corporation (the “ Company ,” “ Canopy Growth ” “ our ” or “ we ”) and our corporate governance practices. Below we provide a brief summary of certain information contained in this proxy statement. The summary does not contain all of the information you should consider. Please read the entire proxy statement carefully before voting.   VOTING MATTERS       Board Vote Recommendation   Page Number Proposal 1: Director Election Proposal   FOR each Director Nominee   10 Proposal 2: PKFOD Re-Appointment Proposal   FOR   83 Proposal 3: Say-On-Pay Proposal   FOR   84   Fiscal 2024 Business Performance Highlights   OUR VISION: UNLEASHING THE POWER OF CANNABIS TO IMPROVE LIVES   Our Fiscal 2024 business highlights include:   Organizational transformation and balance sheet actions   ● Completing the transition to an asset-light model in Canada by (i) exiting cannabis flower cultivation in the Company’s Smiths Falls, Ontario facility, ceasing the sourcing of cannabis flower from the Mirabel, Quebec facility; (ii) consolidating cultivation at Canopy Growth’s facilities in Kincardine, Ontario and Kelowna, British Columbia; and (iii) moving to an adaptive third-party sourcing model for all cannabis beverages, edibles, vapes, and extracts, which has enabled the Company to select and bring to market exciting and exclusive formats without the required investment in research and development and product