Company: CGC
Filing Date: 2025-05-30
Form Type: POS AM
Source: 0001104659-25-054925
Chunk: 61

Company: Canopy Growth Corp
Filing Date: 2025-05-30
Form: POS AM
Chunk 61
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 M under the Exchange Act, the Agents will not engage in any market making activities involving the Common Shares while the offering is ongoing under this prospectus supplement.

The total expenses related to the commencement of this offering and the Concurrent Canadian Offering to be paid by us, excluding the Commission payable to the Agents under the Equity Distribution Agreement, and including reimbursement of up to $200,000 (plus applicable taxes) for certain fees, disbursements and expenses of counsel to the Agents in connection therewith, are estimated to be approximately $600,000.

Pursuant to the Equity Distribution Agreement: (i) the Company has the right to terminate the Equity Distribution Agreement with any or all of the Agents in its sole discretion at any time by giving written notice; (ii) each Agent has the right to terminate its obligations under the Equity Distribution Agreement in its sole discretion at any time by giving written notice; and (iii) the Equity Distribution Agreement shall automatically terminate upon the earlier of (A) July 5, 2026; (B) the issuance and sale of Common Shares having an aggregate offering price of $200,000,000 (or the equivalent in Canadian currency) on the terms and subject to the conditions set forth in the Equity Distribution Agreement; and (C) the date on which notice from the Ontario Securities Commission or the SEC that the Canadian (final) short form base shelf prospectus of the Company (in the English language) in connection with the Concurrent Canadian Offering and/or the Registration Statement has ceased to be effective in accordance with the applicable Canadian securities laws, the Securities Act or the Exchange Act, as the case may be, has been received by the Company, subject to the terms of the Equity Distribution Agreement.

The TSX has approved the listing of the Common Shares issuable pursuant to the Concurrent Canadian Offering. In addition, we have notified Nasdaq of this offering in accordance with the rules of that exchange.

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TABLE OF CONTENTS

### CERTAIN UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS
The following is a general summary of certain material U.S. federal income tax considerations applicable to a U.S. Holder (as defined below) as a result of the acquisition, ownership, and disposition of Common Shares acquired pursuant to this prospectus supplement.

This summary is for general information purposes only and does not purport to be a complete analysis or listing of all potential U.S. federal income tax considerations that may apply to a U.S. Holder as a result of