Company: CGC
Filing Date: 2025-05-30
Form Type: POS AM
Source: 0001104659-25-054925
Chunk: 41

Company: Canopy Growth Corp
Filing Date: 2025-05-30
Form: POS AM
Chunk 41
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 the information incorporated by reference into this prospectus supplement, including our financial statements, and the exhibits to the Registration Statement of which this prospectus supplement is a part. See “Cautionary Note Regarding Forward-Looking Statements.”

#### Our Company
We are a world-leading cannabis company which produces, distributes, and sells a diverse range of cannabis and cannabis-related products. Our cannabis products are principally sold for adult-use and medical purposes under a portfolio of distinct brands in Canada pursuant to the Cannabis Act , SC 2018, c 16, and globally pursuant to applicable international and Canadian legislation, regulations, and permits. Our core operations are in Canada, Germany and Australia.

#### Corporate Information
The Company’s principal executive offices are located at 1 Hershey Drive, Smiths Falls, Ontario, Canada, K7A 0A8. The Company maintains a website at www.canopygrowth.com. The information on, or otherwise accessible through, our website does not constitute a part of, and is not incorporated by reference into, this prospectus supplement.

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TABLE OF CONTENTS

THE OFFERING

| ​ | Issuer                                                              | ​ | ​ | Canopy Growth Corporation                                                                                                                                                                                                                                                                                                                                                                                                                                                                | ​ |
| ​ | Common Shares Offered by us                                         | ​ | ​ | Common Shares having an aggregate offering price of up to $172,069,635, including any amounts sold in Canada through the Concurrent Canadian Offering after the date hereof.                                                                                                                                                                                                                                                                                                             | ​ |
| ​ | Common Shares to be outstanding immediately after this offering﻿(1) | ​ | ​ | Up to 282,406,693 Common Shares, assuming an offering price of $1.77 per share, which was the last sale price of our Common Shares on the Nasdaq Global Select Market on May 28, 2025, and assuming no sales in the Concurrent Canadian Offering. The actual number of Common Shares issued will vary depending on the sales prices from time to time under this offering and the Concurrent Canadian Offering after the date hereof.                                                    | ​ |
| ​ | Manner of Offering                                                  | ​ | ​ | “At the market offering” that may be made from time to time through our sales agent, BMO Capital Markets Corp., as the Agent. See “Plan of Distribution” on pageS-15of this prospectus supplement.                                                                                                                                                                                                                                                                                       | ​ |
| ​ | Use of Proceeds                                                     | ​ | ​ | We currently intend to use the net proceeds