Canopy Growth Announces Upsized US$35 Million Private Placement
CGCCanopy Growth(CGC) Prnewswire·2024-01-18 20:30

SMITHS FALLS, ON, Jan. 18, 2024 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (Nasdaq: CGC), today announced that it has entered into subscription agreements (the "Subscription Agreements"), dated as of January 18, 2024, with certain institutional investors (the "Investors") in a private placement offering (the "Offering") of 8,158,510 units ("Units") at a price per Unit of US4.29foraggregategrossproceedsofapproximatelyUS4.29 for aggregate gross proceeds of approximately US35 million. The purpose of the Offer ...