Lost Money on Canopy Growth Corporation (CGC)? Join Class Action Suit Seeking Recovery

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Canopy Growth Corporation regarding a class action lawsuit due to alleged misleading statements and undisclosed costs impacting the company's financial performance [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from May 30, 2024, to February 6, 2025 [3]. - Allegations include that Canopy Growth incurred significant costs related to the production of Claybourne pre-rolled joints and Storz & Bickel vaporizer devices, which negatively affected gross margins and overall financial results [3]. Impact on Financial Statements - The complaint claims that the defendants overstated the effectiveness of cost reduction measures and the health of gross margins while downplaying related issues, leading to materially false and misleading public statements [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by June 3, 2025, to monitor the case's progress and potentially seek lead plaintiff status [4]. - Registration is free and does not obligate shareholders to participate in the case [4]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [5].