CVB Financial to effect stock buyback program of up to 10M shares
Kash Patel in 2022 (Image: AP/José Luis Villegas) “Brownie, you’re doing a heck of a job.” That was George W. Bush’s high praise for the head of the Federal Emergency Management Agency (FEMA), Michael Brown, for its response to Hurricane Katrina and the ensuing deluge of New Orleans in September 2005. No-one else, alas, shared the sentiment: within days, Brown — whom Bush had appointed — would be sidelined from the Katrina response by his boss, the head of the Department of Homeland Security. Ten days later, Brown, a lawyer on the fringes of Republican politics who’d lucked into a job in the expanding Bush counterterrorism apparatus and who had minimal experience in emergency management, quit FEMA. The 1,392 lives lost in the deluge — principally due to a failed state and federal government response — were grim testament to what happens when someone without experience is put into a key position during an emergency. But later, a more complicated story would emerge of Brown as not merely a poor leader but a failed turf warrior who had been unable to protect FEMA from budget cuts as resources were shifted to the post-9/11 counterterrorism focus in the newly created Department of Homeland Security. It might be easier to ask which of Trump’s cabinet picks HAVEN’T been accused of sexual misconduct Read More Donald Trump hasn’t nominated a head of FEMA yet — its current head is a veteran emergency administrator — but his pick to run Homeland Security is South Dakota Governor Kristi Noem, whose entire focus will be border control. With Trump promising to use troops to help round up undocumented immigrants for deportation, what are the chances that the mistakes of the Bush years will be replayed, only this time with border control, not terrorism, the idée fixe of Homeland Security. That is, until another major hurricane arrives and exposes the failings of another FEMA head... who is then scapegoated by a desperate administration. The perils of appointing people not merely clearly unsuited to cabinet roles — an anti-vaxxer as health secretary; an alleged child sex trafficker as attorney-general — but wholly lacking in the kind of experience needed to run large organisations continue to be a blinking red warning light on Donald Trump’s proposed appointments. The latest is Trump’s proposal to appoint Kash Patel as head of the FBI. Patel, a lawyer and political staffer before becoming a full-time Trump cheerleader, has zero law enforcement or executive experience, but strong views on the FBI: it’s part of the deep state conspiracy against Trump and must have its Washington headquarters shut down (who knew that voting against “Defund the Police” would lead to, well, defunding the police?). Patel has also promised that the new Trump administration would “come after the people in the media who lied about American citizens, who helped Joe Biden rig presidential elections... We’re going to come after you, whether it’s criminally or civilly — we’ll figure that out.” That’s the person now in charge of one of the world’s largest domestic security services. But please, don’t dare call them fascists. And in any event, “press freedom” is just one of those ridiculous beliefs of out-of-touch elites. Problematically there’s a head of the FBI there already — one appointed by Trump in 2017 (you do have to admire the genius of the deep state — managing to convince Trump himself to appoint someone who would implement its agenda). Christopher Wray’s appointment doesn’t end until 2027, but he’s expected to be fired. While Patel will be directing the FBI to go after journalists who reported that Biden won the 2020 election — no need to bother at Fox, Kash — the FBI’s day job of investigating terrorism, foreign espionage, organised crime, corruption, civil rights abuses and drug trafficking will receive lower priority (assuming FBI resources are not redeployed to the war on undocumented migrants). At least, until a terrorist attack happens that the FBI received warnings of but failed to do anything about; then it will be time for scapegoats. Da pacem, Domine: Why Trump is what democracy needs Read More This grim reality of large government organisations, one not understood by the Elon Musks and Gina Rineharts of the world, is that delivering goods or services (health; infrastructure; security; emergency management; education) on a state or country-sized scale to the satisfaction of those being served is complex, demanding and rarely achieved consistently even by skilled, experienced professional administrators. Insert people who aren’t skilled and experienced and the system might continue to deliver if they’re backed by enough more junior experts. But in a crisis or emergency, which places stress on bureaucratic systems that ends up accumulating at the weakest link, the systems start to malfunction. Insert people actively hostile to the organisation’s goals, or bent on pursuing others, and it doesn’t take a crisis to create dysfunction. White Americans who voted for Trump might be perfectly happy for the federal government to be crippled and broken by Trump’s appointees — the whole system’s rotten, after all, so why not bring it crashing down? How long that sentiment survives amid natural disasters or terrorist attacks will be an interesting question. Have something to say about this article? Write to us at letters@crikey.com.au . Please include your full name to be considered for publication in Crikey’s Your Say . We reserve the right to edit for length and clarity.In a recent segment on the '7 PM in Brooklyn' podcast, NBA legend Carmelo Anthony looked back on the trade that sent J.R. Smith and Iman Shumpert to play with LeBron James. Carmelo still resents the Knicks for that deal and recently described his reaction after hearing the news all those years ago: "F**k them! I told LeBron, I said 'That's what we doing?' When it happened, the only thing going through my mind was LeBron. I know this is a chess game... I gotta get these guys away from him," said Anthony . "Sh*t is f***ed up because I could have used Shump and J.R. to go win a championship. That's why I flipped out like that in the locker room because you do not touch this nucleus right here! I don't give a f**k what you do. I said 'Y'all can't say sh*t to me. Do y'all know what the f**k you just did? You're gonna send them to him?" The Knicks /Cavaliers trade happened back in January of 2015. It was a three-team deal that involved sending Dion Waiters to the Thunder , Shumpert, and Smith to the Cavaliers, while the Knicks received Lou Amundson, Alex Kirk, Lance Thomas, and a 2019 second-round pick. The Knicks were not a championship team by any stretch, but many saw the deal as a step-down for the team, including Carmelo Anthony , who described how he went off in the locker room after finding out about the trade. The worst part about it for Melo is that they were sent to play with LeBron James, his biggest rival at the time. At the height of his career, Anthony was competing with LeBron James for supremacy in the East. With career averages of 22.5 points, 6.2 rebounds, and 2.7 assists per game on 44.7% shooting, Anthony was an expert three-level scorer who often went toe-to-toe with some of the game's top superstars. LeBron James, however, was arguably his biggest competitor. The two were known to be close friends, and it's a relationship that stands even now , but they were also rivals back in the day who played the same position in the same era of the game. When Carmelo forced his way to the Knicks in 2011, it put him in the same Conference as LeBron and he knew that it was going to take a massive effort to defeat him. Sadly, Carmelo never got further than the second round in his Knicks tenure. He eventually left the team in disgrace after a falling out with Phil Jackson and his career took a rapid decline from here. Meanwhile, LeBron James is still going strong to this day as a 4x MVP, 4x champion, and the NBA's all-time leading scorer. He defeated a lot of people on his way to victory and Carmelo was just one of many of them. Of course, the Knicks helped Lebron win all those years ago by gaining him the support he needed to beat the competition. If only they had done the same for Carmelo, his career might have taken a radically different turn. Related: Kiyan Anthony Says LeBron James And Bronny Would Beat Him And Carmelo In A 2 Vs. 2 Thank you for being a valued reader of Fadeaway World. If you liked this article, please consider following us on Google News . We appreciate your support.Ultralight "Dream Material" Promises to Revolutionize Countless Industries
Ukraine must be in strong position for negotiations, Starmer saysWASHINGTON — American Airlines briefly grounded flights nationwide Tuesday because of a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne about an hour after the Federal Aviation Administration ordered a national ground stop for the airline. The order, which prevented planes from taking off, was issued at the airline's request. The airline said in an email that the problem was caused by trouble with vendor technology that maintains its flight operating system. An American Airlines employee wearing looks toward quiet check-in counters Tuesday in the American terminal at Miami International Airport in Miami. Dennis Tajer, a spokesperson for the Allied Pilots Association, a union representing American Airlines pilots, said the airline told pilots at 7 a.m. Eastern that there was an outage affecting the system known as FOS. It handles different types of airline operations, including dispatch, flight planning, passenger boarding, as well as an airplane's weight and balance data, he said. Some components of FOS have gone down in the past, but a systemwide outage is rare, Tajer said. Flights were delayed across American's major hubs, with only 37% leaving on time, according to Cirium, an aviation analytics company. Out of the 3,901 domestic and international American Airlines flights scheduled for Tuesday, 19 were canceled. Cirium noted that the vast majority of flights departed within two hours of their scheduled departure time. A similar percentage — 36% — arrived at their destinations as scheduled. Meanwhile, the flight-tracking site FlightAware reported that 3,712 flights entering or leaving the U.S., or serving domestic destinations, were delayed Tuesday, with 55 flights canceled. It did not show any flights from American Airlines. Cirium said Dallas-Fort Worth, New York's Kennedy Airport and Charlotte, North Carolina, saw the greatest number of delays. Washington, Chicago and Miami experienced considerably fewer delays. Travelers wait in line for security checks Tuesday at the Los Angeles International Airport in Los Angeles. Amid the travel problems, significant rain and snow were expected in the Pacific Northwest at least into Christmas Day. Showers and thunderstorms developed in the South. Freezing rain was reported in the Mid-Atlantic region near Baltimore and Washington, and snow fell in New York. Because the holiday travel period lasts weeks, airports and airlines typically have smaller peak days than they do during the rush around Thanksgiving, but the grind of one hectic day followed by another takes a toll on flight crews. Any hiccups — a winter storm or a computer outage — can snowball into massive disruptions. That is how Southwest Airlines stranded 2 million travelers in December 2022, and Delta Air Lines suffered a smaller but significant meltdown after a worldwide technology outage in July caused by a faulty software update from cybersecurity company CrowdStrike. Many flights during the holidays are sold out, which makes cancellations even more disruptive than during slower periods. That is especially true for smaller budget airlines that have fewer flights and fewer options for rebooking passengers. Only the largest airlines, including American, Delta and United, have "interline agreements" that let them put stranded customers on another carrier's flights. An American Airlines employee wearing a Santa Claus hat walks through the American terminal Tuesday at Miami International Airport in Miami. This will be the first holiday season since a Transportation Department rule took effect that requires airlines to give customers an automatic cash refund for a canceled or significantly delayed flight. Most air travelers were already eligible for refunds, but they often had to request them. Passengers still can ask to get rebooked, which is often a better option than a refund during peak travel periods. Finding a last-minute flight on another airline tends to be expensive. An American spokesperson said Tuesday was not a peak travel day for the airline — with about 2,000 fewer flights than the busiest days — so the airline had somewhat of a buffer to manage the delays. The groundings happened as millions of travelers were expected to fly over the next 10 days. The Transportation Security Administration expects to screen 40 million passengers through Jan. 2. Airlines expect to have their busiest days on Thursday, Friday and Sunday. American Airlines employees check in travelers Tuesday in the American terminal at Miami International Airport in Miami. Many flights during the holidays are sold out, which makes cancellations more disruptive than during slower periods. Even with just a brief outage, the cancellations have a cascading effect that can take days to clear up. About 90% of Americans traveling far from home over the holidays will be in cars, according to AAA. "Airline travel is just really high right now, but most people do drive to their destinations, and that is true for every holiday," AAA spokesperson Aixa Diaz said. Gasoline prices are similar to last year. The nationwide average Thursday was $3.04 a gallon, down from $3.13 a year ago, according to AAA. Charging an electric vehicle averages just under 35 cents per per kilowatt hour, but varies by state. Transportation-data firm INRIX says travel times on the nation's highways could be up to 30% longer than normal over the holidays, with Sunday expected to see the heaviest traffic. "It's not the destination, it's the journey," said American essayist Ralph Waldo Emerson. Ralph clearly was not among the travellers on one of more than 350 cancelled or 1,400 delayed flights after a worldwide tech outage caused by an update to Crowdstrike's "Falcon Sensor" software in July of 2023. U.S. airlines carried nearly 863 million travellers in 2023, with Canadian carriers accounting for another 150 million, many of whom experienced lost luggage, flight delays, cancellations, or were bumped off their flights. It's unclear how many of them were compensated for these inconveniences. Suffice it to say, posting a crabby rant on social media might temporarily soothe anger, but it won't put wasted money back in pockets. Money.ca shares what to know in order to be compensated for the three most common air travel headaches. Bags elected to go on a vacay without you? Check off the following: If you expect a large payout, think again. Tariffs (air carrier contracts) limit the compensation amounts for "loss of, damage to, or the delay in delivery of baggage or other personal property." In the case of Air Canada, the maximum payout is $1,500 per passenger in the currency of the country where the baggage was processed. To raise that limit, purchase a Declaration of Higher Value for each leg of the trip. The charge is $0.50 for each $100, in which case the payout limit is $2,500. For Delta Air Lines, passengers are entitled to up to $3,800 in baggage compensation, though how much you'll receive depends on your flight. Delta will pay up to $2,080 for delayed, lost, and damaged baggage for international travellers, almost half of what U.S. domestic passengers can claim. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. Different air carriers and jurisdictions have their own compensation policies when flights are delayed or cancelled. For example, under European Union rules, passengers may receive up to 600 Euros, even when travelling on a non-EU carrier. Similarly, the DOT states that travellers are entitled to a refund "if the airline cancelled a flight, regardless of the reason, and the consumer chooses not to travel." However, US rules regarding delays are complicated. Some air carriers, such as Air Canada, do not guarantee their flight schedules. They're also not liable for cancellations or changes due to "force majeure" such as weather conditions or labour disruptions. If the delay is overnight, only out-of-town passengers will be offered hotel accommodation. Nevertheless, many airlines do offer some compensation for the inconvenience. If your flight is marked delayed for more than 30 minutes, approach the gate agent and politely request food and hotel vouchers to be used within the airport or nearby. In terms of cash compensation, what you'll get can differ significantly based on things like departure location, time, carrier, and ticket class. The DOT offers a helpful delay and cancellations dashboard designed to keep travellers informed about their compensation rights. The dashboard is particularly helpful because, as the DOT states on its website, "whether you are entitled to a refund depends on a lot of factors—such as the length of the delay, the length of the flight, and your particular circumstances." The Canadian Transportation Agency is proposing air passenger protection regulations that guarantee financial compensation to travellers experiencing flight delays and cancellations, with the level of compensation varying depending on the situation and how much control the air carrier had. The proposed regulations include the following: The airline is obligated to complete the passenger's itinerary. If the new ticket is for a lower class of service, the air carrier would have to refund the cost difference; if the booking is in a higher class of service, passengers cannot be charged extra. If the passenger declines the ticket, the airline must give a full refund, in addition to the prescribed compensation. For overnight delays, the air carrier needs to provide hotel accommodation and transportation free-of-charge. Again, if you are unsatisfied, the Canadian Transportation Agency or Department of Transportation may advocate on your behalf. Passengers get bumped because airlines overbook. When this happens, the air carrier must compensate you. For international flights in the US, the rate is 200% of your one-way fare to your final destination, with a $675 maximum. If the airline does not make travel arrangements for you, the payout is 400% of your one-way fare to a maximum of $1,350. To qualify, you must check-in by the stated deadline, which on international flights can be up to 3 hours ahead. Keep in mind that if you accept the cash, you are no longer entitled to any further compensation, nor are you guaranteed to be rebooked on a direct flight or similar type of seat. Don't be too quick to give up your boarding pass. Negotiate for the best compensation deal that would include cash, food and hotel vouchers, flight upgrade, lounge passes, as well as mileage points. But avoid being too greedy—if the gate attendant is requesting volunteers and you wait too long, you'll miss the offer. According to Air Canada's tariff, if a passenger is involuntarily bumped, they'll receive $200, in cash or bank draft, for up to a two-hour delay; $400 for a 2-6 hours delay; and $800 if the delay is over six hours. (Air Canada was forced to raise its payouts in 2013 due to passenger complaints.) The new rules would raise the payout significantly: $900 for up to six hours; $1,800 for 6-9; and $2,400 for more than nine hours, all to be paid within 48 hours. Statistically speaking, Delta Airlines is the carrier most likely to bump. A few years ago, Delta raised its payout maximum to $9,950, while United Airlines tops out at $10,000. This story was produced by Money.ca and reviewed and distributed by Stacker. Get local news delivered to your inbox!
Fresh off its biggest win of the season, Penn State plays its first true road game Tuesday when it visits Rutgers in Piscataway, N.J. Aces will be wild for the Nittany Lions (8-1, 1-0 Big Ten) and the Scarlet Knights (5-4, 0-1) as Penn State's Ace Baldwin Jr. will square off against Ace Bailey of Rutgers. Baldwin is the Nittany Lions' leading scorer at 15.1 points per game and dishes out 8.1 assists -- fourth in the nation entering Monday's action. He registered 17 points and six assists Thursday in an 81-70 victory over then-No. 8 Purdue in a game where Penn State led by as many as 27. Freddie Dilione V chipped in 14 points for the Nittany Lions, who had not defeated a Top 10 team since 2019. "A win like that's a statement win," Dilione said. "I just think it's going to put everybody on notice. We're just a walkover team. We're always going be the underdogs, and that's our mentality. We've just got to come in every game and just punch everybody in the mouth." Penn State must be careful not to suffer a letdown against a talented Rutgers squad led by freshmen Dylan Harper (23.1 points per game) and Bailey (17.9). The duo combined for 30 points in the Scarlet Knights' last game -- an 80-66 setback at Ohio State. The defeat was the fourth in the last five games for Rutgers, which plays seven of its next eight in New Jersey. "We've got to get better," Scarlet Knights coach Steve Pikiell said. "We got to get some more consistency out of a lot of things, especially our defense. Can't give up 80 points on the road and expect to win in this league." In last season's meeting with Penn State, it was offense that was Rutgers' biggest issue. The Scarlet Knights shot just 1-of-17 from 3-point range and 34 percent overall in a 61-46 home defeat. "(It's about) finding ways of how to bounce back as a team and staying together," Harper said. "Even though we lose, we're still going to find a way." --Field Level MediaAfter upset win, Penn State out to extend Rutgers' woes
Actor Alec Baldwin Shakes Off Rust and Shoots Off Mouth in ItalyNoneSMITHS FALLS, ON , and NEW YORK , Dec. 2, 2024 /PRNewswire/ - Canopy Growth Corporation (" Canopy Growth ") (TSX: WEED) (NASDAQ: CGC ), a world-leading cannabis company dedicated to unleashing the power of cannabis to improve lives, and Acreage Holdings, Inc. (" Acreage ") (CSE: ACRG.A.U, ACRG.B.U)(OTCQX: ACRHF , ACRDF), a vertically integrated, multi-state operator of cannabis cultivation and retailing facilities in the U.S., are pleased to announce that it is anticipated that Canopy USA , LLC (" Canopy USA ") will complete its acquisition of Acreage on or around December 9, 2024 , subject to the satisfaction or waiver of closing conditions set out in the Arrangement Agreements (as defined below). Canopy Growth and Acreage are party to an arrangement agreement dated April 18, 2019 , as amended (the " Fixed Share Arrangement Agreement "), relating to the proposed acquisition (the " Fixed Share Acquisition ") of all issued and outstanding Class E subordinate voting shares of Acreage (the " Fixed Shares ") pursuant to a plan of arrangement under the Business Corporations Act ( British Columbia ). The Fixed Share Acquisition is anticipated to occur immediately after the acquisition of the Class D subordinate voting shares of Acreage (the " Floating Shares ") pursuant to a plan of arrangement under the Business Corporations Act ( British Columbia ) in accordance with the arrangement agreement (the " Floating Share Arrangement Agreement " together with the Fixed Share Arrangement Agreement, the " Arrangement Agreements ") dated October 24, 2022 , as amended, among Canopy Growth, Acreage and Canopy USA (together with the Fixed Share Acquisition, the " Acquisitions "). Upon the closing of the Acquisitions, Canopy USA will own 100% of the issued and outstanding shares of Acreage. As previously announced by Acreage, if the price of the common shares of Canopy Growth (the " Canopy Shares ") on the Nasdaq does not go above US$5.00 prior to closing of the Acquisitions (calculated in the manner prescribed in the Fixed Share Arrangement Agreement), holders of Fixed Shares will not receive any consideration in exchange for their Fixed Shares. A letter of transmittal with respect to the Fixed Share Acquisition and the Floating Share Acquisition will be mailed to registered Acreage shareholders. The letters of transmittal have been filed by Acreage under Acreage's profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission through EDGAR at www.sec.gov/edgar. All registered Acreage shareholders with physical certificate(s) or DRS statement(s) will be required to send their certificate(s) or DRS statement(s) representing their Fixed Shares and/or Floating Shares with a completed letter of transmittal to the Company's transfer agent, Odyssey Trust Company (" Odyssey "), in accordance with the instructions provided in the applicable letter of transmittal. Shareholders who hold their Fixed Shares and/or Floating Shares through a broker or other intermediary and do not have Acreage shares registered in their name will not need to complete the applicable letter(s) of transmittal. Such shareholders should contact their broker or other intermediary to arrange for the deposit of their DRS statement(s) or certificate(s) representing their Acreage shares. As a result of the labour dispute at Canada Post, registered Acreage shareholders are encouraged to contact Odyssey with any questions by email at [email protected] in the event that registered Acreage shareholders have not received copies of their DRS statement(s) or certificate(s) representing their Canopy Shares following the closing of the Acquisitions and completion and delivery of their letter of transmittal to Odyssey. Copies of the Floating Share Arrangement Agreement and the Fixed Share Arrangement Agreement may be accessed under Acreage's profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission through EDGAR at www.sec.gov/edgar . About Canopy Growth Canopy Growth is a world leading cannabis company dedicated to unleashing the power of cannabis to improve lives. Through an unwavering commitment to consumers, Canopy Growth delivers innovative products with a focus on premium and mainstream cannabis brands including Doja, 7ACRES, Tweed, and Deep Space, in addition to category defining vaporizer technology made in Germany by Storz & Bickel. Canopy Growth has also established a comprehensive ecosystem to realize the opportunities presented by the U.S. THC market through an unconsolidated, non-controlling interest in Canopy USA . Canopy USA has closed the acquisitions of approximately 77% of the shares of Lemurian, Inc. ("Jetty") and 100% of the Wana entities that make up Wana Brands , being Wana Wellness, LLC, The CIMA Group, LLC and Mountain High Products, LLC. Jetty owns and operates Jetty Extracts, a California -based producer of high- quality cannabis extracts and pioneer of clean vape technology, and Wana Brands is a leading North American edibles brand. The option to acquire Acreage, a vertically integrated multi-state cannabis operator with principal operations in densely populated states across the Northeast and Midwest, has also been exercised. Beyond its world-class products, Canopy Growth is leading the industry forward through a commitment to social equity, responsible use, and community reinvestment – pioneering a future where cannabis is understood and welcomed for its potential to help achieve greater well-being and life enhancement. For more information visit www.canopygrowth.com . About Acreage Acreage is a multi-state operator of cannabis cultivation and retailing facilities in the U.S., including its national retail store brand, The Botanist. With its principal address in New York City , Acreage's wide range of national and regionally available cannabis products include the award-winning brands The Botanist and Superflux , the Prime medical brand in Pennsylvania , and others. Acreage has focused on building and scaling operations to create a seamless, consumer-focused, branded experience. Learn more at www.acreageholdings.com . References to information included on, or accessible through, the Canopy Growth or Acreage website do not constitute incorporation by reference of the information contained at or available through such websites, and you should not consider such information to be part of this press release. Forward-Looking Statements This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements or information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Canopy Growth, Acreage or their respective subsidiaries to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements or information contained in this news release. Examples of such statements and uncertainties include statements with respect to the anticipated closing date of the Acquisitions, the price of the Canopy Shares, the consideration to be issued to the holders of Fixed Shares pursuant to the Fixed Share Acquisition, the satisfaction of the conditions set forth in the Fixed Share Arrangement Agreement and Floating Share Arrangement Agreement, and the closing of the Acquisitions. Risks, uncertainties and other factors involved with forward-looking information or statements could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information, including the ability of the parties to satisfy or waive, in a timely manner, the conditions to the completion of the Fixed Share Arrangement Agreement and the Floating Share Arrangement Agreement; the ability of Canopy Growth, Acreage and Canopy USA to satisfy or waive, in a timely manner, the closing conditions set forth in the Fixed Share Arrangement Agreement and Floating Share Arrangement Agreement; risks relating to the value and liquidity of the Canopy Shares, the Fixed Shares and Floating Shares; the rights of the holders of Floating Shares and Fixed Shares may differ materially from those of shareholders on Canopy Growth; negative operating cash flow; uncertainty of additional financing; use of proceeds; volatility in the price of the Canopy Shares, the Fixed Shares and the Floating Shares; expectations regarding future investment, growth and expansion of operations; regulatory and licensing risks; changes in general economic, business and political conditions, including changes in the financial and stock markets and the impacts of increased rates of inflation; legal and regulatory risks inherent in the cannabis industry, including the global regulatory landscape and enforcement related to cannabis; additional dilution; political risks and risks relating to regulatory change; risks relating to anti-money laundering laws; compliance with extensive government regulation and the interpretation of various laws regulations and policies; public opinion and perception of the cannabis industry; and such other risks contained in the public filings of Canopy Growth and Acreage filed with Canadian securities regulators and available under each of the Canopy Growth and Acreage profile on SEDAR+ at www.sedarplus.com and with the Securities and Exchange Commission through EDGAR at www.sec.gov/edgar , including under the heading "Risk Factors" in Canopy Growth's and Acreage's respective annual report on Form 10-K for the year ended March 31, 2024 and December 31, 2023 , respectively, and their subsequently filed quarterly reports on Form 10-Q. In respect of the forward-looking statements and information, Canopy Growth and Acreage have provided such statements and information in reliance on certain assumptions that they believe are reasonable at this time. Although Canopy Growth and Acreage believe that the assumptions and factors used in preparing the forward-looking information or forward-looking statements in this news release are reasonable, undue reliance should not be placed on such information or statements and no assurance can be given that such events will occur in the disclosed time frames or at all. Should one or more of the foregoing risks or uncertainties materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Canopy Growth and Acreage have attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The forward-looking information and forward-looking statements included in this news release are made as of the date of this news release and neither Canopy Growth nor Acreage undertakes any obligation to publicly update such forward-looking information or forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities laws. SOURCE Canopy Growth Corporation
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A SUPERMUM with 12 kids has shared some of her best buys for over the festive period. Zoe Sullivan, 46, husband Ben, 49, and their dozen children make up one of the Scotland 's biggest families. The couple are parents to Elisabeth, 19, Olivia, 18, Noah, 14, Evangeline, 12, Tobias, 11, Agnes, seven, Joseph, six, Florence, two, and two sets of twins - Charlotte and Isabelle, 16, and Leah and Erin, eight. The bumper brood live in a six-bedroom house in Burghead, Moray, where they regularly document their busy lives on their YouTube channel . And this week Zoe visited Aldi to stock up on some of the family 's festive favourite treats. But while she was checking out all the food on offer, she came across a brilliant bargain that's ideal for a youngster this Christmas. The adorable Squishees are a super soft dupe for Squishmallows, which normally retail at around £20. They come in a few different characters, including the new black and white striped Humbug. And they only cost £6.99. Zoe said: "They have these Kevin the Carrot, sort of Squishmallow things and the Bah Humbug Christmas ones, which are quite cute." And Aldi says of the toys: "Uncover our top-secret toys before they're gone! "Kevin and Katie are here to save the day. Snuggle up with Kevin, Katie and the Humbugs Squishees this Christmas, collect the whole gang for the ultimate Kevin the Carrot fan or treat yourself." It wasn't the only festive bargain that Zoe was impressed by. The self-confessed chocolate addict loves the little Christmas choccy lollies from the budget supermarket, which she said are a nice , occasional after-dinner treat for the kids . And they cost just £1.79 for 10. Zoe also says the chocolate Santa is a great buy. It's £1.49, which is around the same price as other shops , but the mega mum reckons Aldi's is bigger than the competition . Meanwhile, the family recently revealed 14 brilliant, bargain stocking fillers to keep the kids happy.