Constellation Brands converts Canopy Growth common shares to non-voting, non-participating exchangeable shares.
Constellation Brands, a leading beverage company, has converted its common shares of Canopy Growth Corporation into non-voting, non-participating exchangeable shares. This move eliminates the impact of Constellation's equity in Canopy's earnings and aligns with its intent not to deploy additional investment in Canopy. Constellation Brands now holds an aggregate of 26,261,474 Exchangeable Shares of Canopy.
April 18, 2024
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