secwatch.observer — SEC 8-K summary
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Issuer:     Canopy Growth Corp (CGC)
CIK:        0001737927
Form:       8-K
Filed at:   2023-08-17T23:59:59+00:00
Accession:  0001104659-23-093062
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1737927/000110465923093062/0001104659-23-093062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1737927/000110465923093062/tm2324017d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-093062

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer