{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-120861","form_type":"8-K","ticker":"CGC","cik":"0001737927","company_name":"Canopy Growth Corp","filed_at":"2025-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.284113+00:00","generated_at":"2026-05-16T13:14:28.333743+00:00","sec_items":["1.01","3.02","5.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Canopy Growth to acquire MTL Cannabis in stock-and-cash deal valued at ~38M shares + C$17M","bullets":["Exchange ratio: 0.32 CGC share + C$0.144 cash per MTL share; aggregate approx. 38M CGC shares and C$17M cash.","~75% of MTL shareholders entered voting support agreements; ~72% of CGC shares issued to MTL holders locked up for 3–12 months.","MTL founders Clement to receive 18-month consulting agreements at C$25k/month each plus C$2M PSUs; MTL CEO Perron appointed CGC COO.","Transaction subject to MTL shareholder, court, and regulatory approvals; expected closing by end of February 2026.","Termination fee of C$4M payable by MTL under specified circumstances."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-120861","json":"https://secwatch.observer/filing/0001104659-25-120861.json","markdown":"https://secwatch.observer/filing/0001104659-25-120861.md","text":"https://secwatch.observer/filing/0001104659-25-120861.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1737927/000110465925120861/0001104659-25-120861-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1737927/000110465925120861/tm2533279d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:14:28.333743+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}