---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-109376"
form_type: "8-K"
ticker: "CGC"
cik: "0001737927"
company_name: "Canopy Growth Corp"
filed_at: "2024-10-17T23:59:59+00:00"
generated_at: "2026-05-30T13:24:11.894635+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Canopy Growth prepays US$100M of term loan at discount; saves ~US$14M annually

## Summary
- Prepaid US$100M principal at discounted price of US$97.5M, reducing leverage.
- Annualized interest expense savings of approximately US$14 million.
- Maturity extended to at least December 18, 2026 via Term Loan Amendment.
- Option to prepay another US$100M by Mar 31, 2025; if exercised, maturity extends to Sep 2027.
- CFO Judy Hong cites commitment to reducing cash burn and strengthening capital structure.

## SEC filing metadata
- accession: 0001104659-24-109376
- form_type: 8-K
- ticker: CGC
- cik: 0001737927
- company_name: Canopy Growth Corp
- filed_at: 2024-10-17T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737927/000110465924109376/0001104659-24-109376-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737927/000110465924109376/tm2426295d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-109376
- JSON: https://secwatch.observer/filing/0001104659-24-109376.json
- Plain text: https://secwatch.observer/filing/0001104659-24-109376.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.