Full Press Release Details
Special Meeting of Shareholders
CANOPY GROWTH CORPORATION
REPORT OF VOTING RESULTS
National Instrument 51-102 - Continuos Disclosure Obligations ( NI 51-102 )
In accordance with section 11.3 of NI 51-102 and
following the special meeting of shareholders of the Company held on June 19, 2019 (the Meeting ), we hereby advise of the following voting results as tabulated.
| Total common shares issued and outstanding at record date (May 13, 2019) | 345,532,952 | |||
| Total common shares represented at the Meeting in person and by proxy | 49,078,839 | |||
| Percentage of total common shares represented at the Meeting | 14.20% |
Canopy Shareholder Resolution
The special resolution (the Canopy Shareholder Resolution ) authorizing: (i) the issuance of a maximum of 109,515,459 common
shares of the Company in connection with the proposed acquisition of Acreage Holdings, Inc.; (ii) certain amendments to the terms of the common share purchase warrants held by CBG Holdings LLC; and (iii) the issuance of a maximum of 61,711,961
common shares of the Company pursuant to the top-up right held by CBG Holdings LLC and Greenstar Canada Investment Limited Partnership, as more particularly described in the management information circular of
the Company dated May 17, 2019 (the Circular ), was approved by a vote by ballot by the disinterested shareholders of the Company in accordance with the requirements of the Toronto Stock Exchange. The full text of the Canopy
Shareholder Resolution is set forth in Appendix A to the Circular. The Canopy Shareholder Resolution received the following results at the Meeting:
| Approval Matter | Votes cast FOR | % of votes cast FOR | Votes cast AGAINST | % of votes cast AGAINST | ||||
| Canopy Shareholder Resolution | 48,612,007 | 99.05% | 466,832 | 0.95% |