CANOPY GROWTH ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Canopy Growth Corporation and Encourages Investors to Contact the Firm

Core Viewpoint - A class action lawsuit has been filed against Canopy Growth Corporation for allegedly making false and misleading statements regarding its financial performance and cost management during the specified Class Period [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit was filed in the United States District Court for the Eastern District of New York on behalf of all individuals and entities who purchased Canopy Growth securities between May 30, 2024, and February 6, 2025 [1]. - Investors have until June 3, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against Canopy Growth - The lawsuit claims that Canopy Growth incurred significant costs related to the production of Claybourne Co. pre-rolled joints, which negatively impacted its gross margins and overall financial results [3]. - It is alleged that the company overstated the effectiveness of its cost reduction measures and the health of its gross margins while downplaying related issues [3]. - The lawsuit asserts that the public statements made by the defendants were materially false and misleading throughout the Class Period, leading to investor damages when the true details were revealed [3].