3 unchanged sentences
The proposed class has not yet been certified.
−Removed: The Company is currently evaluating the merits of the claim and has not yet retained defense counsel.
+Added: The Company is currently evaluating the merits of the claim and has not yet been required to respond.
+Added: The Company has been named as a defendant, together with all of PharmHouse, Canopy Rivers, TerrAscend Corp.
+Added: and TerrAscend Canada Inc., in an action commenced in the Ontario Superior Court of Justice sitting at Windsor on August 31, 2020 by the PharmHouse JV Partner.
+Added: The claim seeks, amongst other things, damages in the amount of $500,000,000 for bad faith, fraud, civil conspiracy, breach of the duty of honesty and good faith in contractual relations and breach of fiduciary duty.
+Added: Canopy Growth is party to an offtake agreement with PharmHouse.
+Added: The statement of claim was never served on the Company.
+Added: The action was stayed by a court order made September 15, 2020, by the Ontario Superior Court at Toronto (Commercial List) (the “Court”) on application made by PharmHouse pursuant to the Companies’ Creditors Arrangement Act.
+Added: On October 30, 2020, the Courts made a further endorsement directing that the PharmHouse JV Partner will discontinue the aforementioned claim against all defendants, entirely without prejudice in all respects to the PharmHouse JV Partner’s rights to recommence the claim against all defendants other than PharmHouse.
+Added: The PharmHouse JV Partner may not recommence the claim until at least January 1, 2021.
Risk Factors.
2 unchanged sentences
Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: Defaults U pon Senior Securities.
+Added: Defaults Upon Senior Securities.
Mine Safety Disclosures.
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.