- Canopy Growth's AGM to be held in a virtual-only format on
Tuesday, September 24, 2024 at
1:00 PM ET.
- Voting is important and easy; shareholders are encouraged to
vote now.
- Canopy Growth shareholders with a 16-digit control number
can vote online at http://proxyvote.com, by phone at
1-800-474-7493, and by mail using the enclosed pre–paid
envelope.
- For more information, shareholders should contact Canopy
Growth's strategic shareholder advisor and proxy solicitation
agent, Laurel Hill Advisory Group, at 1-877-452-7184
(1–416–304–0211 for collect calls outside North America) or by email at
assistance@laurelhill.com.
SMITHS
FALLS, ON, Aug. 13, 2024 /PRNewswire/ - Canopy Growth
Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ:
CGC) announced today that the Company has mailed (or mailed a
notice of internet availability with respect to) its proxy
statement and fiscal 2024 annual report to shareholders
(collectively, the "Meeting Materials") relating to its 2024 annual
general meeting of shareholders (the "Meeting"). The Meeting is
scheduled to take place on Tuesday,
September 24, 2024 at 1:00 PM
ET and will be conducted by live audio webcast at
www.virtualshareholdermeeting.com/WEED2024. The Meeting
Materials have been filed on EDGAR and SEDAR+ under the Company's
profile, and are available at
www.canopygrowth.com/investors/investor-events/annual-general-meeting-2024.
At the Meeting, shareholders will be asked to vote on three
items:
- The election of directors;
- The re-appointment of PKF O'Connor Davies LLP as the Company's
auditor and independent registered public accounting firm and to
authorize the Company's board of directors or any responsible
committee thereof to fix their remuneration; and,
- A non-binding, advisory vote on the Company's approach to
executive compensation.
The board of directors of the Company recommends
shareholders vote FOR each resolution.
Your Vote is Important – Vote Today
Even if you plan to attend the virtual Meeting, shareholders are
encouraged to vote in advance of the Meeting and as soon as
possible to ensure your vote is submitted.
As a requirement of the Company's NASDAQ listing, a quorum at
the Meeting consists of the presence, in person, by remote
communication or by proxy duly authorized, of the holders of 33
1/3% of the outstanding shares entitled to vote at the Meeting.
Due to the nature of Canopy Growth's shareholder base,
every vote is important to ensure quorum is achieved and business
can be transacted at the Meeting.
Shareholders of record as of the close of business on
July 31, 2024 are eligible to vote at
the Meeting.
How to Vote
For the majority of Canopy Growth shareholders, voting will be
facilitated by Broadridge Financial Solutions ("Broadridge"). These
shareholders will receive a form of proxy or voting instruction
form from Broadridge with a 16-digit control number, which can be
used to vote:
Online: http://proxyvote.com
By Phone:
1-800-474-7493
By Mail: Using the enclosed prepaid envelope
Canopy Growth shareholders who hold their shares at Interactive
Brokers LLC can vote online at http://proxypush.com using the
provided control number.
Clients of Robin Hood Securities, LLC who are eligible to vote
will receive a voting notice by email from noreply@robinhood.com.
Voting is hosted by Say Technologies, with voting and materials
available directly from the email.
Many shareholders are also eligible to vote quickly and
conveniently over the phone by contacting the Company's proxy
solicitation agent, Laurel Hill Advisory Group ("Laurel Hill"), at
1–877–452–7184 (1-416-304-0211 for collect calls outside
North America). Shareholders with
questions about the Meeting or voting their shares can also contact
Laurel Hill at the above phone
numbers, or by email at assistance@laurelhill.com.
Annual Report Availability
Interested shareholders may also view the Company's annual
report that is available at:
https://www.canopygrowth.com/wp-content/uploads/2024/08/Canopy-Growth-Annual-Report-2024.pdf.
About Canopy Growth
Canopy Growth is a world leading cannabis company dedicated to
unleashing the power of cannabis to improve lives.
Through an unwavering commitment to our consumers, Canopy Growth
delivers innovative products with a focus on premium and mainstream
cannabis brands including Doja, 7ACRES, Tweed, and Deep Space, in
addition to category defining vaporizer technology made
in Germany by Storz & Bickel.
Canopy Growth has also established a comprehensive ecosystem to
realize the opportunities presented by the U.S. THC market through
an unconsolidated, non-controlling interest in Canopy USA, LLC ("Canopy USA"). Canopy USA has closed the acquisitions of
approximately 75% of the shares of Lemurian, Inc. ("Jetty") and two
of three Wana entities that make up Wana
Brands, being Wana Wellness, LLC and The CIMA Group, LLC, with the full acquisition of
Wana expected by end of summer, subject to regulatory approval,
once the acquisition of Mountain High Products, LLC is complete.
Jetty owns and operates Jetty Extracts, a California-based producer of high- quality
cannabis extracts and pioneer of clean vape technology, and
Wana Brands is a leading North
American edibles brand. Canopy USA
has also exercised an option to acquire Acreage Holdings, Inc., a
vertically integrated multi-state cannabis operator with principal
operations in densely populated states across the Northeast and
Midwest.
Beyond its world-class products, Canopy Growth is leading the
industry forward through a commitment to social equity, responsible
use, and community reinvestment – pioneering a future where
cannabis is understood and welcomed for its potential to help
achieve greater well-being and life enhancement.
For more information visit www.canopygrowth.com.
References to information included on, or accessible through,
our website do not constitute incorporation by reference of the
information contained at or available through our website, and you
should not consider such information to be part of this press
release.
Forward-Looking Statements
This news release contains "forward-looking statements" within
the meaning of the United States Private Securities Litigation
Reform Act of 1995 and "forward-looking information" within the
meaning of applicable Canadian securities legislation. Often, but
not always, forward-looking statements and information can be
identified by the use of words such as "plans", "expects" or "does
not expect", "is expected", "estimates", "intends", "anticipates"
or "does not anticipate", or "believes", or variations of such
words and phrases or state that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be
achieved. Forward-looking statements or information involve known
and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the Company or
its subsidiaries to be materially different from any future
results, performance or achievements expressed or implied by the
forward-looking statements or information contained in this news
release. Examples of such statements and uncertainties include
statements with respect to the Company's upcoming annual general
meeting of shareholders, including the date and time of such
Meeting and the matters to be considered by the Company's
shareholders at the Meeting as well as Canopy USA's acquisition of Mountain High Products,
LLC.
Risks, uncertainties and other factors involved with
forward-looking information or statements could cause actual
events, results, performance, prospects and opportunities to differ
materially from those expressed or implied by such forward-looking
information, including negative operating cash flow; uncertainty of
additional financing; use of proceeds; volatility in the price of
the Common Shares; expectations regarding future investment, growth
and expansion of operations;
regulatory and licensing risks; changes in general economic,
business and political conditions, including changes in the
financial and stock markets and the impacts of increased rates of
inflation; legal and regulatory risks inherent in the cannabis
industry, including the global regulatory landscape and enforcement
related to cannabis; additional dilution; political risks and risks
relating to regulatory change; risks relating to anti-money
laundering laws; compliance with extensive government regulation
and the interpretation of various laws regulations and policies;
public opinion and perception of the cannabis industry; and such
other risks contained in the public filings of the Company filed
with Canadian securities regulators and available under the
Company's profile on SEDAR+ at www.sedarplus.com and with the SEC
through EDGAR at www.sec.gov/edgar, including under the heading
"Risk Factors" in the Company's annual report on Form 10-K for the
year ended March 31, 2024, and its
subsequently filed quarterly reports on Form 10-Q.
In respect of the forward-looking statements and information,
the Company has provided such statements and information in
reliance on certain assumptions that they believe are reasonable at
this time. Although the Company believes that the assumptions and
factors used in preparing the forward-looking information or
forward-looking statements in this news release are reasonable,
undue reliance should not be placed on such information or
statements and no assurance can be given that such events will
occur in the disclosed time frames or at all. Should one or more of
the foregoing risks or uncertainties materialize, or should
assumptions underlying the forward-looking information or
statements prove incorrect, actual results may vary materially from
those described herein as intended, planned, anticipated, believed,
estimated or expected. Although the Company has attempted to
identify important risks, uncertainties and factors which could
cause actual results to differ materially, there may be others that
cause results not to be as anticipated, estimated or intended. The
forward-looking information and forward-looking statements included
in this news release are made as of the date of this news release
and the Company does not undertake any obligation to publicly
update such forward-looking information or forward-looking
statements to reflect new information, subsequent events or
otherwise unless required by applicable securities laws.
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SOURCE Canopy Growth Corporation