Shareholders are Encouraged to Vote Well in
Advance of the Proxy Deadline of 1:00 p.m.
(Eastern time) on September 21, 2023
Your Vote is Important! If you need assistance
with voting your shares please contact Laurel Hill Advisory Group
at 1-877-452-7184 or by e-mail
at assistance@laurelhill.com
SMITHS
FALLS, ON, Sept. 11, 2023 /CNW/ - Canopy Growth
Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ:
CGC) reminds its shareholders to vote ahead of the upcoming annual
general and special meeting of shareholders (the "Meeting") to be
held on September 25, 2023 at
1:00 pm (Eastern time). The Board of
Directors of Canopy Growth (the "Board") unanimously recommends
that the Company's shareholders vote "FOR" all proposals and "FOR"
each director nominee.
Shareholders of record as of the close of business on
August 3, 2023, and shareholders
holding a legal proxy for the Meeting, are eligible to vote at the
Meeting. At the Meeting, shareholders are being asked to approve i)
the election of directors, ii) the appointment of the auditors and
independent registered public accounting firm for the fiscal year
ending March 31, 2024 and to
authorize the Board to fix their remuneration, iii) the adoption of
the Company's new equity incentive plan, iv) authorization to amend
the articles of the Company to consolidate the Company's issued and
outstanding common shares (the "Shares"), v) an advisory,
non-binding vote on the compensation of the Company's named
executive officers, and vi) the issuance of Shares pursuant to
certain outstanding convertible debentures in an amount that is in
excess of 19.99% and 25%, as applicable, of the number of Shares
outstanding on the date of issuance of such debentures in
accordance with applicable stock exchange rules, each such proposal
as further described in the Company's proxy statement dated
August 8, 2023 (the "Proxy
Statement").
Greater details and rationale for each of the proposals can be
found in the Proxy Statement filed under the Company's EDGAR and
SEDAR+ profiles, and can also be found on the Company's website at
https://www.canopygrowth.com/investors/investor-events/annual-general-and-special-meeting-2023/.
Shareholders should read the Proxy Statement because it contains
important information regarding the proposals.
Solicitation of Proxies
Canopy Growth has engaged Laurel Hill Advisory Group ("Laurel
Hill") to provide shareholder communication advisory and proxy
solicitation services in connection with the solicitation of
proxies from the Company's shareholders for the Meeting. The
Company has agreed to pay Laurel
Hill an aggregate fee of $35,000 for these services and certain
out-of-pocket expenses. If you have questions or need more
information about the Meeting, please contact Laurel Hill by telephone at 1-877-452-7184
toll-free in Canada or
416-304-0211 for international calls or by e‑mail at
assistance@laurelhill.com.
The Company may use Broadridge Financial Solutions Inc.'s
QuickVote™ service to assist beneficial Canopy Growth shareholders
with voting. Laurel Hill may contact
certain beneficial Canopy Growth shareholders who have not objected
to the Company knowing who they are (non-objecting beneficial
owners, or "NOBOs") to conveniently obtain a vote directly over the
telephone.
The Meeting will take place via live audio webcast at
www.virtualshareholdermeeting.com/WEED2023 on September 25, 2023 at 1:00
pm (Eastern time).
YOUR VOTE IS IMPORTATANT – PLEASE VOTE
TODAY
The proxy voting deadline is 1:00 p.m. (Eastern time) on September 21, 2023
Your Vote is Important
Whether or not you plan to virtually attend the Meeting, please
vote as soon as possible by one of the methods described in the
proxy materials to ensure that your Shares are represented and
voted at the Meeting.
How to Vote
Your vote is important regardless of the number of Shares you
own. Registered and beneficial shareholders may vote using the
following methods:
- Internet: Go to www.proxyvote.com and enter the
16-digit control number printed on the form of proxy or voting
instruction form or scan the QR Code on the form of proxy to access
the website and follow the instructions on the screen.
- Telephone: Call the toll-free telephone number provided
on the form of proxy or voting instruction form and follow the
prompted voting instructions. You will need to enter the 16-digit
control number.
If you hold your Shares through an intermediary, please follow
the instructions on the voting instruction form provided by such
intermediary to ensure that your vote is counted at the
Meeting.
Shareholder Questions
If you have questions or need more information about the
Meeting, please contact Canopy Growth's proxy solicitation agent,
Laurel Hill, by telephone at
1-877-452-7184 toll-free in Canada
or 416-304-0211 for international calls or by e-mail at
assistance@laurelhill.com.
About Canopy Growth
Canopy Growth is a leading North American cannabis and consumer
packaged goods ("CPG") 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.
Canopy Growth's CPG portfolio features sugar-free sports hydration
brand BioSteel, targeted 24-hour skincare and wellness solutions
from This Works, gourmet wellness products by Martha Stewart CBD,
and 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
its rights to Acreage Holdings, Inc., a vertically integrated
multi-state cannabis operator with principal operations in densely
populated states across the Northeast, as well as Wana Brands, a leading cannabis edible brand in
North America, and Jetty Extracts,
a California-based producer of
high-quality cannabis extracts and pioneer of clean vape
technology.
Beyond our 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.
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SOURCE Canopy Growth Corporation