Sep 25, 2024, 7:30 AM
Sep 25, 2024, 7:30 AM

Canopy Growth Announces AGM Results in Smiths Falls, Sept 2024

Highlights
  • Canopy Growth Corporation held its annual general meeting on September 24, 2024, in Smiths Falls, Ontario.
  • Shareholders approved the election of directors, the appointment of auditors, and an advisory resolution on executive compensation.
  • The outcomes of the meeting are significant for the company's governance and operational direction.
Story

On September 25, 2024, Canopy Growth Corporation announced the results of its annual general meeting held the previous day in Smiths Falls, Ontario. Shareholders voted on several key matters, all of which received the necessary approval. The election of directors was a significant focus, with all nominees from the definitive proxy statement dated August 1, 2024, successfully elected to serve until the next annual meeting or until their successors are appointed. Additionally, shareholders approved the appointment of PKF O'Connor Davies, LLP as the company's auditors for the fiscal year ending March 31, 2025. This decision reflects the company's commitment to maintaining transparency and accountability in its financial practices. Furthermore, an advisory resolution regarding the compensation of named executive officers was also approved, indicating shareholder support for the company's executive compensation strategy. The meeting's outcomes are crucial for Canopy Growth as they set the stage for the company's governance and operational direction moving forward. The approval of the auditor and the advisory resolution on executive compensation are particularly important as they align with best practices in corporate governance. For detailed voting results and further information, stakeholders are encouraged to consult the Company's Report of Voting Results, which will be available on SEDAR+ and EDGAR. This transparency is vital for maintaining investor confidence and ensuring that the company adheres to regulatory requirements.

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