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Canopy Growth Announces US$250 Million At-The-Market Program


On June 6, 2024, Canopy Growth Corporation announced the establishment of an at-the-market equity program that allows Canopy Growth to issue and sell up to US$250 million of its common shares from treasury from time to time in concurrent public offerings in the United Stated and Canada.

Sales of the common shares under the at-the-market program will be made pursuant to the terms of an equity distribution agreement dated June 6, 2024 entered into between Canopy Growth and BMO Nesbitt Burns Inc., as Canadian agent, and BMO Capital Markets Corp., as U.S. agent.

Cassels acted for Canopy Growth.

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