Company: CGC
Filing Date: 2025-06-06
Form Type: 424B7
Source: 0001104659-25-057341
Chunk: 9

Company: Canopy Growth Corp
Filing Date: 2025-06-06
Form: 424B7
Chunk 9
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 issued by the Company in reliance on the exemption from securities registration in Section 4(a)(2) under the Securities Act.

#### January 2024 Private Placement
On January 18, 2024, we entered into subscription agreements (collectively, the “January 2024 Subscription Agreements”) with certain of the Selling Securityholders, pursuant to which the Company issued to such Selling Securityholders 8,158,510 January 2024 Units for aggregate gross proceeds of approximately US$35,000,000 on January 19, 2024. The purchase price per January 2024 Unit was US$4.29. On January 19, 2024, in connection with the January 2024 Private Placement, we entered into a registration rights agreement with the Selling Securityholders party to the January 2024 Subscription Agreements, pursuant to which we agreed to, among other things, register the resale of the January 2024 Warrant Shares. The January 2024 Units, including the Common Shares and January 2024 Warrants underlying the January 2024 Units, were issued by the Company in reliance on the exemption from securities registration in Section 4(a)(2) under the Securities Act.

#### Wana Shares
The Wana Shares were issued on April 30, 2024 pursuant to the terms of (i) the Initial Option Agreements and (ii) the Second A&R First Amendment. Pursuant to the terms of the Second A&R First Amendment, the Wana Grantors, each a Selling Securityholder, agreed to reduce the exercise price for the Wana Option and in exchange, among other things, we issued the Wana Shares to the Wana Grantors. Pursuant to the terms of the

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Initial Option Agreements, we agreed to register the resale of any Common Shares issued pursuant thereto, including the Wana Shares. The Wana Shares were issued by the Company in reliance on the exemption from securities registration in Section 4(a)(2) under the Securities Act.

#### May 2024 Issuance
In connection with the Company’s acquisition of The Supreme Cannabis Company, Inc. (“Supreme Cannabis”) in June 2021, the Company agreed to guarantee certain outstanding unsecured convertible debentures of Supreme Cannabis (the “Supreme Convertible Debentures”) and unsecured non-convertible debentures of Supreme Cannabis (the “Supreme Accretion Debentures