Canopy Growth shareholders approve all matters at AGM Mr. Nik Schwenker reports
CANOPY GROWTH ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING
Canopy Growth Corp. has released the voting results from its annual general meeting of shareholders held on Sept. 24, 2024.
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 Aug. 1, 2024, were approved by the requisite number of votes cast at the meeting, as further detailed herein.
Each of the directors listed as a nominee in the proxy statement was elected at the meeting to serve as a director of the company until the company's next annual shareholders meeting, or until his or her successor is duly elected or appointed.
The detailed results of the vote for the election of directors held at the meeting are set out in an attached table.
Canopy Growth's shareholders also approved the appointment of PKF O'Connor Davies LLP as the company's auditor and independent registered public accounting firm for the fiscal year ending March 31, 2025, and authorized the company's board of directors or any responsible committee thereof to fix the auditor's remuneration.
In addition, Canopy Growth's shareholders approved an advisory (non-binding) resolution on the compensation of the company's named executive officers.
For complete results on all matters voted on at the meeting, please consult the company's report of voting results, which will be filed under the company's SEDAR+ profile, and the company's Form 8-K, which will be filed on EDGAR.
About Canopy Growth Corp.
Canopy Growth is a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives.
Through an unwavering commitment to its 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 United States tetrahydrocannabinol market through an unconsolidated, non-controlling interest in Canopy USA LLC. Canopy USA has closed the acquisitions of approximately 75 per cent 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 to occur, 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 a pioneer of clean vape technology, and Wana Brands is a leading North American edibles brand. The option pursuant to which Canopy USA is to acquire Acreage Holdings Inc., a vertically integrated multistate cannabis operator with principal operations in densely populated states across the Northeast and Midwest, has also been exercised.
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.