Company: CGC
Filing Date: 2025-07-09
Form Type: 8-K
Source: 0001104659-25-066600
Chunk: 1

Company: Canopy Growth Corp
Filing Date: 2025-07-09
Form: 8-K
Item: Item 5.02
Chunk 1
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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 interim 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.

In connection with his service as interim Chief Financial Officer,
Mr. Stewart entered into an interim offer letter, dated July 9, 2025 (the “ Offer Letter”), pursuant to which Mr. Stewart
will receive a monthly stipend of an additional US$7,500 per month in addition to his current base salary until the Company selects a
permanent Chief Financial Officer. In addition to the monthly stipend, pursuant to the Offer Letter, Mr. Stewart’s fiscal 2026
short-term annual incentive performance bonus will be calculated at 75% of his base salary and monthly stipend combined and will be prorated
based on his time in the interim Chief Financial Officer role.

The foregoing description of the Offer Letter does not purport to be
complete and is qualified in its entirety by reference to the full text of the Offer Letter, which is filed as Exhibit 10.1 to this
Current Report on Form 8-K (this “ Report”).