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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis and consumer packaged goods (CPG) company. The Company delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space. Its CPG portfolio includes gourmet wellness products by Martha Stewart CBD, and vaporizer technology made in Germany by Storz & Bickel. The principal activities of the... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Dilutions
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Post by Bambouda on Apr 07, 2024 12:21am

Dilutions

Nobody have answer about that nes?? Wonderimg if this mean another dilutions. ??<br /> https://www.canopygrowth.com/investors/news-releases/canopy-growth-announces-details-regarding-converting-into-exchangeable-shares-2/
Comment by quinlash on Apr 07, 2024 12:56am
There is none. You can go to the Canopy Growth website to look at the official press releases. The canopy USA shares are separate to the existing shares and will roll up three of their US operations under that ticker. You. Can convert your shares to Canopy USA if you like or just some, that up to you if you hold any. Constellation Brands will be converting their shares over to Canopy USA so there ...more  
Comment by lou444 on Apr 07, 2024 11:22am
Not a good a idea for retail investors because CUSA shares will not trade on any exchange at least initially. An IPO is always possible in the future but the proxy statement filed by Canopy doesn't address this issue 
Comment by Bambouda on Apr 08, 2024 12:38am
I red the Proxy. Dilutions occur in last january. The last proxy on the site says " issuance of new share"  "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 exchangeable shares in the capital of Canopy Growth (the “Exchangeable Shares“); and (ii) restate the rights of the common ...more