Canopy Growth Proposes Exchangeable Shares for U.S. Market Expansion on Heels of New Cannabis Products Launch
    Canopy Growth Proposes Exchangeable Shares for U.S. Market Expansion on Heels of New Cannabis Products Launch
    PRISM Cannabis

    March 14, 2024 - by Editor Prism MarketView

    Canopy Growth Proposes Exchangeable Shares for U.S. Market Expansion on Heels of New Cannabis Products Launch

    14 March 2024

    New York, March 14, 2023 - PRISM MarketView - Canopy Growth (Nasdaq: CGC), a major cannabis company, has outlined plans to convert into exchangeable shares, following a recommendation from Glass Lewis for shareholders to approve a special resolution. This step is aimed at facilitating the company’s expansion into the U.S. cannabis market via a new entity, Canopy USA, LLC. Shareholders are advised to cast their votes by April 10, 2024, ahead of the special meeting on April 12.
    Canopy Growth Corporation - Prism MarketView

    Canopy Growth Corporation - Prism MarketView

    Canopy is a global, best-in-class cannabis company and CPG organization with the intention to unleash the power of cannabis to improve lives. From expanding per

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    CANOPY GROWTH ANNOUNCES DETAILS REGARDING CONVERTING INTO EXCHANGEABLE SHARES

    Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC) today announced additional details with respect to the previously announced special resolution to be voted on by the shareholders of Canopy Growth (the "Canopy Shareholders") authorizing an amendment to the Company's articles of incorporation, as amended (the "Amendment Proposal"), in order to: (i) create and authorize the issuance of an unlimited number of a new class of non-voting and non-participating excha

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    The company recently expanded its product line with the launch of five new pre-roll products from its adult-use cannabis brands 7ACRES and Hiway.
    About Canopy Growth:
    Canopy Growth is a prominent cannabis and consumer packaged goods company in North America, dedicated to harnessing cannabis’s potential to enhance lives. It offers innovative products through premium cannabis brands like Doja, 7ACRES, Tweed, and Deep Space, along with wellness products by Martha Stewart CBD and vaporizer technology by Storz & Bickel. Canopy Growth is expanding in the U.S. THC market through associations with Acreage Holdings, Wana Brands, and Jetty Extracts, focusing on social equity, responsible use, and community reinvestment to lead the industry forward.
    About PRISM MarketView:
    Established in 2020, PRISM MarketView is dedicated to the monitoring and analysis of small cap stocks in burgeoning sectors. We deliver up-to-the-minute financial market news, provide comprehensive investor tools and foster a dynamic investor community. Central to our offerings are proprietary indexes that observe emerging sectors, including biotech, clean energy, next-generation tech, medical devices and beyond. Visit us at prismmarketview.com and follow us on Twitter.
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