Canopy Growth sells Smiths Falls facility to Hershey Canada for CAD$53M

Canopy Growth Corp

Asset sale of Hershey Drive facility to Hershey Canada Inc. for approx. CAD$53M cash; close expected Sept 2023.
Proceeds will primarily pay down senior secured credit facility.
Since Apr 1 2023, Co. sold seven properties for ~CAD$155M aggregate gross.
Thomas Stewart transitions from CAO/PAO to VP Finance; CFO Judy Hong becomes new Principal Accounting Officer.

item 1.01 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Thomas Stewart

Vice President, Finance

CGC · Canopy Growth Corp

Effective: 2023-08-14
Successor: Judy Hong
Filed: August 17, 2023, 7:59 PM ET

Thomas Stewart, who had been serving as the Company’s Chief Accounting Officer and Principal Accounting Officer, transitioned to the position of Vice President, Finance of the Company and is no longer serving as the Company’s Principal Accounting Officer as of such date.

Role change

Judy Hong

Principal Accounting Officer

CGC · Canopy Growth Corp

Effective: 2023-08-14
Filed: August 17, 2023, 7:59 PM ET

Effective as of Mr. Stewart’s transition on August 14, 2023, Judy Hong, the Company’s Chief Financial Officer (“CFO”) and Principal Financial Officer, was designated as the Company’s Principal Accounting Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Stewart changed role as Vice President, Finance at Canopy Growth Corp.

Action: transitioned
Role: Vice President, Finance

Exact text from the filing

Thomas Stewart, who had been serving as the Company’s Chief Accounting Officer and Principal Accounting Officer, transitioned to the position of Vice President, Finance of the Company and is no longer serving as the Company’s Principal Accounting Officer as of such date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Judy Hong changed role as Principal Accounting Officer at Canopy Growth Corp.

Action: designated
Role: Principal Accounting Officer

Exact text from the filing

Effective as of Mr. Stewart’s transition on August 14, 2023, Judy Hong, the Company’s Chief Financial Officer (“CFO”) and Principal Financial Officer, was designated as the Company’s Principal Accounting Officer.

View on SEC.gov

Canopy Growth Corp filing history →

Source: SEC EDGAR

accession 0001104659-23-093062

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