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Canopy Growth Cuts Debt by $100M, Saves $13M Annually in Strategic Move | CGC Stock News

Retrieved on: 2025-04-01 11:30:40

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Canopy Growth Cuts Debt by $100M, Saves $13M Annually in Strategic Move | CGC Stock News. View article details on hiswai:

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The article focuses on Canopy Growth's strategic financial decision to make an early prepayment of $100 million on its loan, saving $13 million annually. This enhances its balance sheet, aligns with its medical cannabis focus, and extends debt maturity to 2027. Judy Hong's role as CFO highlights the effective debt management strategy, relevant to the company's inclusion in the S&P/TSX 60.

Article found on: www.stocktitan.net

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