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Canopy Growth Corporation (CGC)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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2.8100-0.0400 (-1.40%)
At close: 04:00PM EDT
2.8400 +0.03 (+1.07%)
After hours: 07:59PM EDT
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  • The Canadian Press

    Canopy Growth to exchange C$262.7M in notes for shares and a bit of cash

    SMITHS FALLS, Ont. — Canopy Growth Corp. has signed two deals to exchange C$262.7 million of its debt for shares and a little bit of cash. Under the agreements with a limited number of noteholders, the cannabis company will acquire the 4.25 per cent unsecured convertible senior notes due in 2023 for about C$259.9 million in shares plus approximately C$3.1 million in cash for accrued and unpaid interest. The largest of these agreements accounts for C$255.4 million of the debt, while the other ann