The Toronto Stock Exchange reports that Canopy Growth Corp. has amended the terms of common share purchase warrants trading under the symbol WEED.WT (the January, 2021, warrants), common share purchase warrants (the February, 2021, warrants) trading under the symbol WEED.WT.A and 8.0 per cent senior unsecured convertible debentures trading under the symbol WEED.DB, effective Dec. 20, 2023. According to the TSX, the amendments result from the consolidation of the company's common shares on a one-new-for-10-old basis, effective Dec. 20, 2023.

The TSX reports that the January, 2021, warrants currently entitle the holder to receive 0.01165872 of a share of the company (symbol WEED) and 0.01 cent in cash for a price of 23 cents at any time before 5 p.m. Toronto time on Jan. 29, 2024. The equivalent exercise price for one full Canopy share is approximately $19.78.

At the open on Dec. 20, 2023, the January, 2021, warrants will entitle the holder to receive 0.001165872 of a postconsolidated Canopy share and 0.01 cent in cash for a price of $2.30 at any time before 5 p.m. Toronto time on Jan. 29, 2024. The equivalent exercise price for one full postconsolidated Canopy share will be approximately $1,973.40.

According to the TSX, the February, 2021, warrants currently entitle the holder to receive 0.01165872 of a Canopy share and 0.01 cent in cash for a price of 40 cents at any time before 5 p.m. Toronto time on Feb. 19, 2024. The equivalent exercise price for one full Canopy share is approximately $34.40.

At the open on Dec. 20, 2023, the February, 2021, warrants will entitle the holder to receive 0.001165872 of a postconsolidated Canopy share and 0.01 cent in cash for a price of $4 at any time before 5 p.m. Toronto time on Feb. 19, 2024. The equivalent exercise price for one full postconsolidated Canopy share will be approximately $3,432.

The TSX reports that for each $1,000 principal amount of debentures converted, the holder is currently entitled to receive 40 Canopy shares and 35 cents in cash. The maturity date of the debentures is Sept. 10, 2025. The equivalent conversion price is $25 per Canopy share (and approximately 35 cents per $1,000 principal amount).

At the open on Dec. 20, 2023, for each $1,000 principal amount of debentures converted, the holder will be entitled to receive four postconsolidated Canopy shares and 35 cents in cash. The maturity date of the debentures will be Sept. 10, 2025. The equivalent conversion price will be $250 per postconsolidated Canopy share (and approximately 35 cents per $1,000 principal amount).