other material
confidence high
sentiment neutral
materiality 0.55
Canopy Growth enters $200M ATM equity distribution agreement with BMO
Canopy Growth Corp
- New ATM facility allows sale of up to $200M common shares via BMO Capital Markets and BMO Nesbitt Burns.
- Replaces prior June 2024 ATM; sales on Nasdaq (US) and TSX (Canada) as at-the-market offerings.
- Company has no obligation to sell; proceeds for general corporate purposes.
- Prospectus supplement filed Feb 28, 2025; shelf registration effective since June 2024.