Company: CGC
Filing Date: 2025-05-29
Form Type: POSASR
Source: 0001104659-25-054285
Chunk: 87

Company: Canopy Growth Corp
Filing Date: 2025-05-29
Form: POSASR
Chunk 87
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 may, upon notice, increase or decrease the Maximum Percentage, provided that the Maximum Percentage in no event exceeds 9.99% of our then outstanding Common Shares following such exercise. In addition, the holders of the Convertible Debentures may not convert the Convertible Debentures into Common Shares to the extent such conversion would cause the holder thereof, together with its affiliates and attribution parties, to beneficially own a number of Common Shares which would exceed the Maximum Percentage of our then outstanding Common Shares following such exercise, excluding for purposes of such determination Common Shares issuable upon (i) the conversion of the unconverted portion of the Convertible Debentures and (ii) the exercise of Warrants which have not been exercised. The number of Shares and the percentages in the table below do not reflect these limitations. The Selling Securityholders may sell all, some or none of their Shares in this offering. See “Plan of Distribution.”

The following table sets forth information with respect to the beneficial ownership of our Common Shares held, as of May 28, 2025, by the Selling Securityholders and the number of Shares being offered hereby and information with respect to Common Shares to be beneficially owned by the Selling Securityholders after completion of this offering. The percentages in the following table reflect the Common Shares beneficially

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owned by the Selling Securityholders as a percentage of the total number of Common Shares outstanding as of May 28, 2025. As of such date, 185,192,210 Common Shares were issued and outstanding.

| ​                                                                                                           | ​ | ​ | Total Number of Common SharesBeneficially Owned Prior to theOffering(1) |   |           |   |   |   |            |   |      |   | ​ | ​ | Maximum Number ofCommon Shares thatmay be OfferedPursuant to thisProspectus |   |           |   | ​ | ​ | Common Shares BeneficiallyOwned After this Offering(1)(2) |   |         |   |   |   |   |   |   |   | ​ |
| Name                                                                                                        | ​ | ​ | Number                                                                  |   |           |   | ​ | ​ | Percentage |   |      |   | ​ | ​ | Number                                                                      |   |           |   | ​ | ​ | Percentage                                                |   |         |   | ​ |   |   |   |   |   |   |
| George Michael Allen