# Canopy Growth shareholder voting and stock consolidation > Live situation record from CLSTR: https://clstr.news/situations/canopy-growth-shareholder-voting-and-stock-consolidation > Updated: 2026-10-24T16:34:07.000Z. Sources: 2. Developments: 2. Canopy Growth Corporation initially adjourned its 2026 Annual General and Special Meeting of shareholders because it failed to reach the required quorum of at least 33 1/3% of outstanding shares. The company rescheduled the meeting to reconvene on October 23, 2026, to address several proposals, including a potential share consolidation. Following the reconvened meeting, shareholders approved a proposal authorizing the board of directors to implement a reverse stock split. The authorization allows for a consolidation ratio between 1-for-5 and 1-for-15 for common and exchangeable shares. This measure is intended to assist the company in regaining compliance with Nasdaq’s minimum share price requirements after its stock traded below $1 for 30 consecutive business days. While the authority to consolidate was granted, the board maintains sole discretion regarding the specific ratio and timing, provided implementation occurs before September 25, 2027. ## Timeline ### 2026-10-24: Canopy Growth shareholders approve potential reverse stock split Canopy Growth shareholders authorized a potential reverse stock split of up to 1-for-15 to help the company meet Nasdaq’s minimum share price requirements. 2 sources. https://clstr.news/cluster/canopy-growth-shareholders-approve-potential-reverse-stock-split ### 2026-09-25: Canopy Growth adjourns shareholder meeting due to lack of quorum Canopy Growth has adjourned its annual shareholder meeting due to a lack of quorum. The meeting will reconvene on October 23, 2026, to vote on proposals including a share consolidation. 2 sources. https://clstr.news/cluster/canopy-growth-adjourns-shareholder-meeting-due-to-lack-of-quorum --- Cite as: Canopy Growth shareholder voting and stock consolidation. CLSTR, https://clstr.news/situations/canopy-growth-shareholder-voting-and-stock-consolidation