Recent Security Class Actions

Canopy Growth Corporation (NYSE: CGC)

35 Days left to seek lead plaintiff status.

Company Name:Canopy Growth Corporation
Stock Symbol:NYSE: CGC
Class Period Start:05/30/2024
Class Period End (inclusive):02/06/2025
Filing Deadline:06/03/2025

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding Canopy's business, operations, and prospects. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Canopy had incurred significant costs producing Claybourne pre-rolled joints in connection with the Claybourne product launch in Canada; (ii) the foregoing costs, in addition to certain indirect costs that Canopy incurred in connection with its Storz & Bickel vaporizer devices, were likely to have a significant negative impact on the Company's gross margins and overall financial results; (iii) accordingly, Defendants had overstated the efficacy of Canopy's cost reduction measures and the health of its gross margins while downplaying issues with the same; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times.

Canopy Growth Corporation (NYSE: CGC) Claim Form

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