The Financial Post reports in its Saturday edition that Canopy Growth has signed a deal to exchange $255.4-million (Canadian) of its debt for shares and a little bit of cash. A Canadian Press dispatch to the Post reports that under the agreement 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 $252.8-million (Canadian) in shares plus approximately $3-million (Canadian) in cash for accrued and unpaid interest. The price used to value the shares will be the volume-weighted average trading price on the Nasdaq Global Select Market for the 10 consecutive trading days beginning Thursday, subject to a floor price of $2.50 (U.S.) and a maximum of $3.50 (U.S.) per share. Constellation Brands, through a wholly owned subsidiary, has agreed to swap half of the $200-million (Canadian) in notes it holds under the deal.