Canopy Growth Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
UNITED STATES
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CURRENT REPORT
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| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
On September 26, 2025, Canopy Growth Corporation (“Canopy Growth”) convened and adjourned to, and reconvened on, October 10, 2025, its 2025 Annual General and Special Meeting of Shareholders (the “Annual Meeting”). A total of 239,849,225 common shares of Canopy Growth (“Shares”) were entitled to vote as of August 1, 2025, the record date for the Annual Meeting. There were 79,971,625 Shares represented at the Annual Meeting, at which Canopy Growth’s shareholders were asked to vote on four proposals, each of which is described in more detail in Canopy Growth’s definitive proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on August 7, 2025 (the “Proxy Statement”). Set forth below are the matters acted upon by Canopy Growth’s shareholders, and the final voting results of each such proposal.
Proposal No. 1: Election of Director Nominees.
Votes regarding the election of the five director nominees were as follows:
| Director Name | Votes For | Votes Against | Broker Non-Votes | ||||||
| David Lazzarato | 35,477,544 | 3,160,608 | 41,333,472 | ||||||
| Theresa Yanofsky | 35,122,647 | 3,515,504 | 41,333,472 | ||||||
| Luc Mongeau | 35,745,175 | 2,892,976 | 41,333,472 | ||||||
| Shan Atkins | 35,631,069 | 3,007,082 | 41,333,472 | ||||||
| Joe Bayern | 35,899,799 | 2,738,353 | 41,333,472 |
Based on the votes set forth above, Canopy Growth’s shareholders elected each of the five nominees set forth above to serve as a director of Canopy Growth until the next annual general meeting of shareholders or until his or her successor is duly elected or appointed.
Proposal No. 2: PKFOD Appointment.
The proposal to appoint PKF O’Connor Davies, LLP, Certified Public Accountants (“PKFOD”), as Canopy Growth’s auditor and independent registered public accounting firm for the fiscal year ending March 31, 2026 and to authorize the board of directors of Canopy Growth (the “Board”) or any responsible committee thereof to fix their remuneration received the following votes:
| Votes For | Votes Withheld | Broker Non-Votes | ||||||
| 75,518,055 | 4,453,570 | — | ||||||
Based on the votes set forth above, Canopy Growth’s shareholders approved the proposal to appoint PKFOD.
Proposal No. 3: Share Consolidation Proposal
The proposal to adopt a special resolution approving an amendment to Canopy Growth’s articles to, among other things, to provide that the authorized capital of Canopy Growth be altered by consolidating all of the issued and outstanding Shares and Canopy Growth exchangeable shares (the “Exchangeable Shares”) on the basis of a ratio to be determined by the Board, in its sole discretion, within a range of one post-consolidation share for every five to fifteen outstanding pre-consolidation shares, at anytime prior to September 26, 2026, with the exact ratio to be set at a whole number within this range by the Board in its sole discretion and applicable for both the Shares and Exchangeable Shares (the “Share Consolidation Resolution”), as further described in the Proxy Statement, received the following votes:
| Votes For | Votes Against | Abstain | Broker Non-Votes | |||||||
| 62,742,664 | 16,557,315 | 671,647 | — |
Based on the votes set forth above, Canopy Growth’s shareholders approved the Share Consolidation Resolution.
Proposal No. 4: Advisory, Non-Binding Vote on Compensation of Canopy Growth’s Named Executive Officers.
The advisory (non-binding) vote on the compensation of Canopy Growth’s named executive officers (the “NEOs”), as set forth in the Proxy Statement, received the following votes:
| Votes For | Votes Against | Abstain | Broker Non-Votes | |||||||
| 31,703,479 | 5,776,826 | 1,157,744 | 41,333,472 |
Based on the votes set forth above, Canopy Growth’s shareholders approved, on an advisory basis, the compensation of the NEOs.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CANOPY GROWTH CORPORATION | ||
| By: | /s/ Tom Stewart | |
| Tom Stewart | ||
| Chief Financial Officer | ||
Date: October 14, 2025