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Canopy Growth to Strengthen Balance Sheet with Early Prepayments Set to Reduce Term Loan by US$50 Million; Annual Cash Interest Expense Expected to be Reduced by US$6.5 Million

1. Canopy Growth is prepaying $50 million of its secured term loan. 2. The loan reduction is expected by March 31, 2026.

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FAQ

Why Bullish?

Reducing debt enhances financial stability and investor confidence, similar moves often bolster stock prices.

How important is it?

Debt management is critical for Canopy's growth and market perception, potentially affecting stock valuation.

Why Long Term?

Debt reduction impacts future profitability and financial health, driving sustained investor interest.

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WEEDAPHATLRY
SMITHS FALLS, Ontario--(BUSINESS WIRE)--Canopy Growth Corporation (“Canopy Growth” or the “Company”) (TSX: WEED) (Nasdaq: CGC), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, announced today that it has entered into an agreement (the “Agreement”) with certain of its lenders (the “Lenders”) to make three prepayments that are expected to reduce the Company's Senior Secured Term Loan (the “Term Loan”) by US$50 Million by March 31, 2026. The Agreeme.

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