Canopy Growth Corporation (NASDAQ:CGC) (TSX:WEED) and Canopy USA, LLC announced that each of the company and Canopy USA has filed an early warning report under National Instrument 62-103 - The early warning system and related take-over bid and insider reporting issues in connection with the company's direct and indirect disposition of, and Canopy USA's direct and indirect acquisition of beneficial ownership of:
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38.9 million exchangeable shares in the capital of TerrAscend Corp. (OTCQX:TRSSF);
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An option to acquire 1 million common shares in the capital of TerrAscend for an aggregate exercise price of $1.00;
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2.1 million common share purchase warrants with an exercise price of CA$3.74 per common share (the "TerrAscend 1A warrants");
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15.7 million warrants with an exercise price of CA$5.14 per common share (the "TerrAscend 1B warrants");
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2.2 million warrants with an exercise price of CA$5.95 per common share (the "TerrAscend 2A warrants");
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333,723 warrants with an exercise price of CA$6.49 per common share (the "TerrAscend 2B warrants");
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1.9 million warrants with an exercise price of CA$15.28 per common share (the "TerrAscend 3A warrants");
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178,735 warrants with an exercise price of CA$17.19 per common share (the "TerrAscend 3B warrants", together with the TerrAscend 1A Warrants, TerrAscend 1B Warrants, the TerrAscend 2A Warrants, TerrAscend 2B Warrants and TerrAscend 3A Warrants, the "TerrAscend Warrants").
