secwatch.observer — SEC 8-K summary
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Issuer:     Canopy Growth Corp (CGC)
CIK:        0001737927
Form:       8-K
Filed at:   2023-08-30T23:59:59+00:00
Accession:  0001104659-23-096701
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Canopy Growth issues 15.2M shares to acquire remaining 45% stake in Les Serres Vert Cannabis
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- Issued 15,206,046 common shares to LSB on Aug 29, 2023, as consideration for the remaining 45% interest in Les Serres Vert Cannabis.
- Shares issued in a private placement exempt from registration under Section 4(a)(2) of the Securities Act.
- Transaction increases Canopy's ownership from 55% to 100%, completing a previously disclosed March 31, 2023 agreement.
- Full ownership of Les Serres Vert Cannabis, a Canadian greenhouse cannabis producer, is now obtained.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1737927/000110465923096701/0001104659-23-096701-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1737927/000110465923096701/tm2325110d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-096701

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