---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-082330"
form_type: "8-K/A"
ticker: "CGC"
cik: "0001737927"
company_name: "Canopy Growth Corp"
filed_at: "2023-03-28T23:59:59+00:00"
generated_at: "2026-06-17T13:05:44.002021+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Canopy Growth amends Acreage deal to extend outside date to May 31, 2023

## Summary
- Exercise Outside Date extended from March 31, 2023 to May 31, 2023 under first amendment to Floating Share Arrangement Agreement.
- Amendment entered on March 17, 2023 among Canopy Growth, Canopy USA, and Acreage Holdings, Inc.
- Completion still subject to conditions, including Canopy Capital Reorganization on or before the new Exercise Outside Date.
- No assurance that all conditions precedent will be satisfied or waived; deal may not be completed.

## SEC filing metadata
- accession: 0001193125-23-082330
- form_type: 8-K/A
- ticker: CGC
- cik: 0001737927
- company_name: Canopy Growth Corp
- filed_at: 2023-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737927/000119312523082330/0001193125-23-082330-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737927/000119312523082330/d455238d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-082330
- JSON: https://secwatch.observer/filing/0001193125-23-082330.json
- Plain text: https://secwatch.observer/filing/0001193125-23-082330.txt

## Key facts
- Material Agreements
  Canopy Growth Corp amended First Amendment to Floating Share Arrangement Agreement with Canopy USA, LLC and Acreage Holdings, Inc. valued at Extension of Exercise Outside Date from March 31, 2023 to May 31, 2023 (effective 2023-03-17).
  - Action: amendment
  - Agreement: merger
  - Counterparty: Canopy USA, LLC and Acreage Holdings, Inc.
  - Value: Extension of Exercise Outside Date from March 31, 2023 to May 31, 2023
  - Effective: 2023-03-17
  source text: On March 17, 2023, the Company, Canopy USA and Acreage entered into a first amendment to the Floating Share Arrangement Agreement (the “ Amendment ”). Pursuant to the terms of the Amendment, the Company, Canopy USA, and Acreage agreed to amend the Exercise Outside Date (as defined in the Floating Share Arrangement Agreement) from March 31, 2023 to May 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1737927/000119312523082330/0001193125-23-082330-index.htm

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