Canopy Growth Corporation

03:41 PM EST - Canopy Growth Corporation : Announced that, due to strong demand, it has agreed with a syndicate of underwriters co-led by GMP Securities L.P. and BMO Capital Markets as joint bookrunners, and including Canaccord Genuity Corp., Eight Capital, Beacon Securities Limited, and PI Financial Corp., to increase the size of its previously announced $175,076,000 bought deal offering. Pursuant to the upsized deal terms, the Underwriters have agreed to purchase, on a bought deal basis, 5,800,000 common shares of the Corporation at a price of $34.60 per Common Share for aggregate gross proceeds to Canopy Growth of $200,680,000. Canopy Growth Corporation shares T.WEED are trading off 82 cents at $36.79.