Canopy Growth sells Hershey Drive facility for CAD $53M; total property sales since April 1 reach $155M

Canopy Growth Corp

Sold Hershey Drive facility to Hershey Canada, Inc. for approx. CAD $53M cash.
Net proceeds primarily used to pay down senior secured credit facility.
Since April 1, 2023, sold total of 7 properties for aggregate gross proceeds ~CAD $155M.
CEO David Klein cites continued transformation to simplified, asset-light operating model.

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