{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-126886","form_type":"8-K","ticker":"CGC","cik":"0001737927","company_name":"Canopy Growth Corp","filed_at":"2023-12-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.266669+00:00","generated_at":"2026-06-07T11:22:33.604191+00:00","sec_items":["3.03","5.03","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Canopy Growth implements 1-for-10 reverse split; sells This Works brand for up to £9.3M","bullets":["Share consolidation at 10:1 ratio effective December 15, 2023; trading begins December 20, 2023.","Action intended to regain Nasdaq minimum $1.00 bid price compliance.","Completed sale of This Works skincare brand to Inspirit Capital for up to £9.3M ($15.9M CAD).","Upfront cash consideration of £2.7M ($4.6M CAD) plus a loan note and contingent earn-out.","Divestiture aligns with focus on North American cannabis operations; proceeds strengthen balance sheet."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-126886","json":"https://secwatch.observer/filing/0001104659-23-126886.json","markdown":"https://secwatch.observer/filing/0001104659-23-126886.md","text":"https://secwatch.observer/filing/0001104659-23-126886.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1737927/000110465923126886/0001104659-23-126886-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1737927/000110465923126886/tm2333047d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T11:22:33.604191+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"73cc707b523d53216aa909cf18bf65fae7aa32de","claim":"Canopy Growth Corp: Filed an amendment to the articles of incorporation to effect a 10-for-1 share consolidation effective December 15, 2023, to regain Nasdaq minimum bid price compliance (effective 2023-12-15).","evidence_excerpt":"On December 15, 2023, Canopy Growth Corporation (the \"Company\") filed an amendment to the articles of incorporation of the Company, as amended (the \"Articles Amendment\") to effect a consolidation (the \"Share Consolidation\") of the issued and outstanding common shares of the Company (the \"Common Shares\"), at a ratio (the \"Consolidation Ratio\") of one post-Share Consolidation Common Share for every 10 pre-Share Consolidation Common Shares.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1737927/000110465923126886/0001104659-23-126886-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-12-15"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}