SMITHS FALLS, ON, Sept. 15, 2021 /CNW/ - Canopy Growth
Corporation (TSX: WEED) (NASDAQ: CGC) ("Canopy Growth" or "the
Company") today announced the voting results from its annual
general and special meeting of shareholders held on September 14, 2021 (the "Meeting").
A total of 259,521,246 common shares of the Company,
representing 66.01 % of the issued and outstanding common shares of
the Company, were voted in connection with the Meeting by
shareholders and proxy holders.
All of the matters put forward before the Company's shareholders
for consideration and approval, as set out in the Company's
definitive proxy statement dated July 29,
2021 (the "Proxy Statement"), were approved by the requisite
majority of votes cast at the Meeting. The results are set out
below.
Each of the directors listed as a nominee in the Proxy Statement
were elected at the Meeting to serve as a director of the Company
until the Company's next annual shareholders meeting. The detailed
results of the vote for the election of directors held at the
Meeting are set out below:
Name of
Nominee
|
Votes cast
FOR
|
% Votes cast
FOR
|
Votes
WITHHELD
|
% Votes
WITHHELD
|
Judy A.
Schmeling
|
192,271,525
|
98.59 %
|
2,748,610
|
1.41 %
|
David
Klein
|
188,758,883
|
96.79 %
|
6,261,252
|
3.21 %
|
Robert L.
Hanson
|
184,029,561
|
94.36 %
|
10,990,574
|
5.64 %
|
David
Lazzarato
|
190,182,675
|
97.52 %
|
4,837,460
|
2.48 %
|
William A.
Newlands
|
178,708,945
|
91.64 %
|
16,311,190
|
8.36 %
|
James A.
Sabia
|
186,092,786
|
95.42 %
|
8.927,349
|
4.58 %
|
Theresa
Yanofsky
|
191,090,311
|
97.98 %
|
3,929,824
|
2.02 %
|
At the Meeting, Canopy Growth shareholders approved the
appointment of KPMG LLP as the Company's auditors for the 2022
fiscal year and authorized the board of directors to fix its
remuneration. In addition, Canopy Growth shareholders approved
certain amendments to the Company's By-laws, as further described
in the Proxy Statement.
Canopy Growth shareholders also approved an advisory
(non-binding) resolution on the compensation of the Company's named
executive officers.
A report of voting results on all resolutions voted on at the
Meeting will be available on both the Company's EDGAR and SEDAR
pages at www.sec.gov and www.sedar.com, respectively.
About Canopy Growth Corporation
Canopy Growth
(TSX:WEED,NASDAQ:CGC) is a world-leading diversified cannabis and
cannabinoid-based consumer product company, driven by a passion to
improve lives, end prohibition, and strengthen communities by
unleashing the full potential of cannabis. Leveraging consumer
insights and innovation, we offer product varieties in high
quality dried flower, oil, softgel capsule, infused beverage,
edible, and topical formats, as well as vaporizer devices by Canopy
Growth and industry-leader Storz & Bickel. Our global medical
brand, Spectrum Therapeutics, sells a range of full-spectrum
products using its colour-coded classification system and is a
market leader in both Canada and
Germany. Through our award-winning
Tweed and Tokyo Smoke banners, we reach our adult-use consumers and
have built a loyal following by focusing on top quality products
and meaningful customer relationships. Canopy Growth has entered
into the health and wellness consumer space in key markets
including Canada, the United States, and Europe through BioSteel sports nutrition, and
This Works skin and sleep solutions; and has introduced additional
hemp-derived CBD products to the United
States through our First & Free and Martha Stewart CBD
brands. Canopy Growth has an established partnership with Fortune
500 alcohol leader Constellation Brands. For more information visit
www.canopygrowth.com.
Notice Regarding Forward Looking Statements
This press
release contains "forward-looking statements" and "forward-looking
information" within the meaning of applicable U.S. and Canadian
securities laws (collectively, "forward-looking statements"), which
involve certain known and unknown risks and uncertainties.
Forward-looking statements predict or describe our future
operations, business plans, business and investment strategies and
the performance of our investments. These forward-looking
statements are generally identified by their use of such terms and
phrases as "intend," "goal," "strategy," "estimate," "expect,"
"project," "projections," "forecasts," "plans," "seeks,"
"anticipates," "potential," "proposed," "will," "should," "could,"
"would," "may," "likely," "designed to," "foreseeable future,"
"believe," "scheduled" and other similar expressions. You are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date the statement was made.
Forward–looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management, are inherently subject to significant business,
economic and competitive risks, financial results, results,
performance or achievements expressed or implied by those
forward–looking statements and the forward–looking statements are
not guarantees of future performance. Accordingly, there are or
will be important factors that could cause actual outcomes or
results to differ materially from those indicated in these
statements. A discussion of some of the material factors applicable
to Canopy Growth Corporation ("Canopy") can be found under the
section entitled "Risk Factors" in Canopy's Annual Report on Form
10-K for the year ended March 31,
2021, filed with the Securities and Exchange Commission and
with applicable Canadian securities regulators, as such factors may
be further updated from time to time in its periodic filings with
the Securities and Exchange Commission and with applicable Canadian
securities regulators, which can be accessed at www.sec.gov/edgar
and www.sedar.com, respectively. These factors should not be
construed as exhaustive and should be read in conjunction with the
other cautionary statements that are included in this press release
and in the filings. Any forward–looking statement included in this
press release is made as of the date of this press release and,
except as required by law, Canopy disclaims any obligation to
update or revise any forward– looking statement. Readers are
cautioned not to put undue reliance on any forward–looking
statement. Forward-looking statements contained in this press
release are expressly qualified by this cautionary statement.
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SOURCE Canopy Growth Corporation