Canadian cannabis company Canopy Growth Corp. said Friday it has reached agreements with its lenders that will delever its balance sheet by C$437 million ($333.04 million) over the next six months.

Canopy Growth Corporation (CGC) closed at $1.31 in the latest trading session, marking a -2.96% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.53%. On the ...