Canopy Growth Corporation Class Action Lawsuit - CGC

The filed complaint alleges that Canopy Growth Corporation made materially 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.

In order to be eligible to join the CGC class action lawsuit, you must have incurred a loss on shares of Canopy Growth Corporation purchased during the class period listed above.

If you suffered a loss in Canopy Growth Corporation during the relevant time frame or pursuant to the relevant offering(s), you have until June 3, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.