Company: CGC
Filing Date: 2025-09-17
Form Type: 8-K
Source: 0001104659-25-090861
Chunk: 0

Company: Canopy Growth Corp
Filing Date: 2025-09-17
Form: 8-K
Item: Item 5.02
Chunk 0
---
Item 5.02      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of  

Appointment of Permanent Chief Financial Officer

On September 17, 2025, the board of directors (the “ Board”)
of Canopy Growth Corporation (the “ Company”) appointed Thomas Stewart, who had been serving as the Company’s Chief Financial
Officer on an interim basis since July 9, 2025, as the Company’s permanent Chief Financial Officer and Chief Accounting Officer
(the “ Appointment”).

Thomas Stewart, age 43, has served as the Company’s interim Chief
Financial Officer since July 2025, where he has, among other things, been responsible for overseeing all financial related matters pertaining
to the Company. In addition, Mr. Stewart served as the Company’s Vice President, Finance from August 2023 until July 2025, where
he was responsible for a wide range of the Company’s finance functions, including external reporting, financial close technical
accounting, financial close processes, transactional services, tax, FP& A, commercial finance, and operations finance. Prior to that
role, Mr. Stewart served as the Company’s Chief Accounting Officer from April 2019 until August 2023. Prior to joining the Company
in April 2019, Mr. Stewart spent over 10 years at Constellation Brands, Inc., where he held a variety of roles within the finance organization,
most recently serving as Senior Director, Global Accounting from June 2018 to April 2019. Mr. Stewart started his career at PricewaterhouseCoopers
in Rochester, NY and obtained his Bachelor of Science in Accounting from the State University of New York at Geneseo. Mr. Stewart is a
Certified Public Accountant in the state of New York and brings a wealth of U. S. GAAP experience to the Company.

There are no arrangements or understandings between Mr. Stewart and
any other person pursuant to which he was selected as Chief Financial Officer. Mr. Stewart does not have any family relationships with
any of the Company’s directors, executive officers, or other person nominated or chosen by the Company to become a director or executive
officer. There are no transactions between Mr. Stewart and the Company that would be required to be reported under Item 404(a) of Regulation
S-K.

Employment Agreement with Thomas Stewart

In connection with the Appointment as Chief Financial Officer of the
Company, on