Canopy Growth auditor resigns; MNP hired; prior statements restated

Canopy Growth Corp

PKF O'Connor Davies resigned Aug 7, 2026; cites strategic shift away from cannabis sector.
No accounting disagreements; but 2026 ICFR audit had adverse opinion on material weakness re equity-linked instrument classification.
May 15, 2026 restatement: 2024/2025 annual and 8 quarterly statements no longer reliable due to share-settled warrant accounting errors.
2025 audit report included going-concern explanatory paragraph; company says doubt alleviated.
Audit Committee engaged MNP LLP as successor independent auditor for FY2027.

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