Canopy Growth Extends Proxy Voting Deadline to Boost Participation

Canopy Growth Extends Proxy Voting Deadline

Canopy Growth Corporation has announced an important extension to the proxy voting deadline for its upcoming annual general meeting (AGM). Shareholders now have until September 24, 2024, at 9:00 a.m. (Eastern Time) to submit their votes. This extension is crucial to ensure that a quorum is achieved, allowing all shareholder voices to be heard during the meeting.

Your Vote Matters

The importance of every single vote cannot be understated. David Klein, CEO of Canopy Growth, emphasized this sentiment, encouraging shareholders to participate actively. "Given that we are so close to achieving a quorum for the Meeting, we are extending the proxy cut-off to give more Shareholders the opportunity to vote and help ensure we can transact business at the Meeting without delay," he stated. This call to action highlights the collective power that shareholders hold when they unite and vote.

Assistance Available for Voting

For shareholders who require assistance with the voting process, Canopy Growth has engaged the services of Laurel Hill Advisory Group and Alliance Advisors. These proxy solicitors are prepared to answer any questions and guide shareholders through the voting process. Laurel Hill can be contacted toll-free at 1-877-452-7184, providing a direct line for assistance. Alliance Advisors offers a similar service with a toll-free number for North American calls.

Voting Information and Options

Voting is accessible and straightforward through various methods. Shareholders should have received a proxy or voting instruction form, enabling them to vote online at http://proxyvote.com, over the phone, or by using a prepaid mail envelope. This easy process ensures that even those who have never voted before can participate effectively.

Meeting Details and Importance of Quorum

The annual general meeting is scheduled to take place on the same day as the proxy submission deadline, September 24, 2024, at 1:00 p.m. (Eastern Time). It will be conducted via live webcast, making it convenient for shareholders to attend virtually. A quorum, consisting of at least 33 1/3% of the outstanding shares, is necessary for the meeting to proceed. If quorum is not achieved, the meeting will be adjourned, which could delay important business decisions. This reiterates the necessity for shareholders to vote.

About Canopy Growth Corporation

Canopy Growth Corporation (TSX: WEED) is a leader in the cannabis industry, dedicated to harnessing the benefits of cannabis to improve the quality of life for individuals. Their innovative approach encompasses a range of premium brands like Doja and 7ACRES, alongside state-of-the-art vaporizer technology produced in Germany. With strategic moves in the U.S. market, including acquisitions related to Canopy USA, the company is poised for significant growth.

Commitment to Community and Equity

Beyond business, Canopy Growth is committed to responsible community engagement and social equity in the cannabis sector. Their efforts aim to normalize the understanding of cannabis as a tool for enhancing well-being and life quality, underscoring their dedication to public welfare.

Frequently Asked Questions

What is the new proxy voting deadline for Canopy Growth?

The new deadline for submitting proxies is September 24, 2024, at 9:00 a.m. (Eastern Time).

How can shareholders vote for the annual general meeting?

Shareholders can vote online, by phone, or by mail using the proxy forms sent to them. For any assistance, they can contact Laurel Hill or Alliance Advisors.

Why is achieving a quorum important?

A quorum is essential to conduct business at the meeting. Without it, the meeting may be adjourned, delaying decision making.

What companies does Canopy Growth collaborate with?

Canopy Growth collaborates with multiple companies, including Laurel Hill Advisory Group and Alliance Advisors, to assist with shareholder voting.

Where can I find more information about Canopy Growth?

More information and updates can be accessed on Canopy Growth's official website at http://www.canopygrowth.com.

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