CSE bulletin 2026-0311

MTL Cannabis Corp. has completed the previously announced arrangement, whereby Canopy Growth Corp. has acquired all of the issued and outstanding common shares of MTL.

Pursuant to the arrangement, the company has acquired 100 per cent of the issued and outstanding MTL shares. MTL shareholders are entitled to receive 0.32 of a Canopy Growth common share and 14.4 cents in cash in exchange for each MTL share held immediately prior to closing of the arrangement.

As a result of the arrangement, MTL Cannabis has become a wholly owned subsidiary of Canopy Growth and the MTL shares will be delisted from the Canadian Securities Exchange at the close of market on March 16, 2026.

For further information, please see the news release.

Date:  market close, March 16, 2026

Symbol:  MTLC