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Re: Dbrown13 post# 78357

Friday, 06/15/2018 8:34:19 AM

Friday, June 15, 2018 8:34:19 AM

Post# of 128669

The notes will be general unsecured, senior obligations of Canopy Growth and interest will be payable semi-annually in arrears at a rate of 4.25% annually. The initial conversion rate for the notes will be 20.7577 common shares of the Company per C$1,000 principal amount of notes, subject to potential adjustments. The initial conversion rate is equivalent to an initial conversion price of approximately C$48.18 per Company common share. The initial conversion price represents a premium of approximately 25% relative to the last reported closing sale price of the Company common shares on the TSX on June 14, 2018.



This is great!!!

Excuse me, I have to go return some video tapes.