Canopy Growth Corporation Investors Alert: Important Class Action Deadline Approaching on June 3, 2025

Important Details for Investors

The Gross Law Firm has issued a notice to the shareholders of Canopy Growth Corporation (NASDAQ: CGC) regarding a pending class action lawsuit. Shareholders who acquired shares during the defined class period are encouraged to engage with the firm about potential lead plaintiff appointments. It is important to note that becoming a lead plaintiff is not mandatory to participate in any recovery.

Class Period and Allegations

The class period in question spans from May 30, 2024 to February 6, 2025. The lawsuit contends that during this timeframe, the defendants allegedly made materially false and misleading statements. Specific allegations include:

• Incurring significant production costs related to Claybourne pre-rolled joints during its product launch in Canada.
• Underestimating the impact of these costs, along with other indirect expenses tied to their Storz & Bickel vaporizer devices, on the company’s gross margins and financial results.
• Inflating claims about the effectiveness of cost reduction measures while minimizing issues related to gross margins.
• Consequently, public statements made by the defendants were claimed to be materially false and misleading throughout the relevant period.

Registration and Important Dates

Shareholders are urged to act promptly to register for the class action. The deadline to seek lead plaintiff status is June 3, 2025. To register your information, please visit the following link: Register Here.

Next Steps for Interested Shareholders

Once registered, shareholders will gain access to portfolio monitoring software, which will provide updates throughout the case’s duration. Participation in the lawsuit incurs no costs or obligations.

About The Gross Law Firm

The Gross Law Firm is a nationally recognized entity specializing in class action lawsuits. Their mission involves protecting the rights of investors adversely affected by deceitful practices, fraud, and illegal corporate behaviors. The firm actively seeks to hold companies accountable for misstatements or omissions that inflate stock values.

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