Announcement Date: Feb. 23, 2021
On Feb. 23, Canopy Growth Corporation filed a preliminary short form base shelf prospectus in Canada and an S-3 registration statement in the U.S. 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. This is the largest shelf prospectus filing by a cannabis company.
Cassels Brock & Blackwell LLP acted as Canadian counsel to Canopy Growth with a deal team composed of
Tayyaba Khan (securities and cannabis).
Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as U.S. counsel to Canopy Growth with a deal team composed of