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MTL Cannabis Announces Shareholder Approval of Arrangement with Canopy Growth

Newswire.ca - Wed Feb 18, 6:30AM CST

PICKERING, Ontario, Feb. 18, 2026 /CNW/ - MTL Cannabis Corp. (CSE: MTLC; OTCQX: MTLNF) ("MTL Cannabis" or the "Company") is pleased to announce that at its special meeting (the "Meeting") of shareholders ("MTL Shareholders") held on February 17, 2026, MTL Shareholders approved the special resolution (the "Arrangement Resolution") authorizing the previously announced plan of arrangement (the "Arrangement") under the Canada Business Corporations Act, pursuant to which, among other things, Canopy Growth Corporation ("Canopy Growth") will acquire all of the issued and outstanding common shares of MTL Cannabis ("MTL Shares") in accordance with the terms of the arrangement agreement dated December 14, 2025, as amended on January 6, 2026, between MTL Cannabis and Canopy Growth, all as more particularly described in the management information circular of MTL Cannabis dated January 15, 2026 (the "Circular").

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