The Filer, Canopy Growth Corporation, applied for exemptive relief from the requirement under NI 51-102 to file restated interim financial reports by June 1, 2020.
The Filer recently became subject to U.S. GAAP reporting requirements and experienced unanticipated delays in preparing the reports due to the COVID-19 pandemic.
The Ontario Securities Commission granted the requested relief, extending the filing deadline to July 16, 2020, subject to conditions including the issuance of a news release and an insider trading black-out.
The Commission also granted the Filer's request to keep the application and decision confidential until the earlier of the Filer advising otherwise or the original filing deadline.