Canopy Growth exercises Acreage share option, acquires $99.8M debt, closes Wana/Jetty buys

Canopy Growth Corp

Exercised Fixed Share Call Option to acquire all Acreage Class E shares; closing subject to conditions.
Acquired ~US$99.8M of Acreage debt for US$69.8M cash plus release of US$30.1M escrowed option premium.
Canopy USA completed acquisitions of Wana Wellness, CIMA, and ~77% of Jetty on May 31, 2024.
Mountain High Products acquisition expected to close in H1 FY2025 pending regulatory approval.
Optionor acquired call right over remaining US$45.6M debt interest, pricing from par to 114.25%.

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