Canopy Growth’s $2 Billion Preliminary Base Shelf Prospectus

Cassels represented Canopy Growth.

On February 23, 2021, Canopy Growth Corporation (TSX:WEED) filed a preliminary short form base shelf prospectus enabling Canopy Growth to offer and sell common shares, subscription receipts, units, warrants or any combination thereof in one or more issuances for aggregate gross proceeds of up to US$2 billion over a 25-month period that the prospectus remains effective.

Canopy Growth is a diversified producer of medical cannabis.

The CAssels team included Jamie Litchen (Picture), Jonathan Sherman and Tayyaba Khan (Securities and Cannabis).

Involved fees earner: Tayyaba Khan – Cassels Brock & Blackwell LLP; Jamie Litchen – Cassels Brock & Blackwell LLP; Jonathan Sherman – Cassels Brock & Blackwell LLP;

Law Firms: Cassels Brock & Blackwell LLP;

Clients: Canopy Growth Corp.;

Author: Martina Bellini