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Canopy Growth shares plunge after debt reduction plan announced

Canopy Growth shares plunge after debt reduction plan announced
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Canopy Growth shares plunge after debt reduction plan announced
Cannabis News July 17, 2023

Shares of Canopy Growth Corp, fell more than 30 percent after it announced it has signed deals with its secured and unsecured lenders to reduce its debt, but will issue 90.4 million shares plus new convertible debt to do so. Shares in the cannabis company were down 30 cents, or about 35 percent, at

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