Company: CGC
Filing Date: 2025-06-06
Form Type: 424B7
Source: 0001104659-25-057341
Chunk: 11

Company: Canopy Growth Corp
Filing Date: 2025-06-06
Form: 424B7
Chunk 11
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 into registration rights agreements with each of the investors party to the Put Agreements in certain circumstances in order to satisfy a liability owing to the investors. On December 9, 2024, we entered into registration rights agreements with each of the investors party to the Put Agreements, pursuant to which we agreed to register the resale of the Put Warrant Shares. The Warrants were issued by us in reliance on the exemption from securities registration in Section 4(a)(2) under the Securities Act.

#### General
The Shares to be offered by the Selling Securityholders pursuant to this prospectus are “restricted” securities under applicable federal and state securities laws and are being registered under the Securities Act to give the Selling Securityholders the opportunity to sell the Shares publicly. The registration of the Shares does not require that any of the Shares be offered or sold by the Selling Securityholders.

No estimate can be given as to the amount or percentage of Common Shares that will be held by the Selling Securityholders after any sales of Shares made pursuant to this prospectus because the Selling Securityholders are not required to sell any of the Shares being registered hereunder. The table below assumes that the Selling Securityholders will sell all of the Shares listed in this prospectus and that they do not purchase additional Common Shares.

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TABLE OF CONTENTS

Unless otherwise indicated in the footnotes to the table below, no Selling Securityholder has had any material relationship with us or any of our affiliates within the past three years other than as a security holder, except (i) Canopy USA, an entity in which we have an unconsolidated equity method (fair value) investment, (a) has exercised the Wana Option and as a result currently holds 100% of the membership interests in Wana and (b) has exercised the Jetty Option and as a result currently holds approximately 77% of the shares of Jetty; (ii) Ms. Whiteman was a founder of Wana and has a significant ownership interest in, and is a member of the board of managers of, Canopy USA and (iii) Agustin Huneeus, Jr., the Managing Member of VCo Ventures LLC, is a beneficiary of a trust that has a significant ownership interest in, and the right to appoint a member of the board of managers of, Canopy USA.

We have prepared the table below based on written representations and information furnished to us by or on behalf of the Selling Securityholders. Since the date on which the Selling