Canopy Growth Establishes New US$200 Million At-The-Market Program to Strengthen the Company's Financial Position

Canopy Growth Establishes New US$200 Million At-The-Market Program to Strengthen the Company's Financial Position

SMITHS FALLS, Ontario -- Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, announced today that the Company has established a new at-the-market equity program (the “ATM Program”) that allows Canopy Growth to issue and sell up to US$200 million of common shares of the Company (“Common Shares”) from treasury from t…

Canopy Growth Establishes New US$200 Million At-The-Market Program to Strengthen the Company’s Financial Position

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$200 Million At-The-Market Program: Canopy Growth Establishes Major Equity Offering Through 2027

Cannabis company Canopy Growth launches US$200M at-the-market equity program through 2027, with $50M allocated for Canadian market. Proceeds to fund acquisitions and debt repayment.