Canopy Growth recently announced it has signed a letter of engagement with Dundee Securities on behalf of a syndicate of underwriters regarding a $10 million bought-deal financing. Proceeds will be used for working capital and for general corporate purposes.
As quoted in the press release:

The Company has agreed to grant the Underwriters an over-allotment option to purchase up to an additional 652,500 Shares at the Offering at the Offering Price, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering. If this option is exercised in full, an additional $1,500,750 will be raised pursuant to the Offering and the aggregate proceeds of the Offering will be $11,505,750.


Click here for the full press release.

Adding to its existing presence on the west coast of the United States, all five KOIOS™ flavours and all four Fit Soda™ flavours will be carried in Metropolitan Market stores beginning on Monday, March 22, 2021. Serving the Seattle-Tacoma area (population 3.87 million), Metropolitan Market is one of five chains under its parent firm Good Food Holdings, which has a total of 51 stores in California, Oregon, and Washington State.

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