Shareholders that lost money on Canopy Growth Corporation(CGC) should contact The Gross Law Firm about pending Class Action - CGC

Core Viewpoint - Canopy Growth Corporation is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its financial performance and cost management during the specified class period [3]. Group 1: Allegations - The lawsuit claims that Canopy incurred significant costs related to the production of Claybourne pre-rolled joints during its product launch in Canada [3]. - It is alleged that these costs, along with indirect costs from Storz & Bickel vaporizer devices, negatively impacted the company's gross margins and overall financial results [3]. - The defendants are accused of overstating the effectiveness of Canopy's cost reduction measures and downplaying issues related to gross margins, leading to misleading public statements [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as May 30, 2024, to February 6, 2025 [3]. - Shareholders who purchased shares during this period are encouraged to register for the class action, with a deadline set for June 3, 2025 [4]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [4]. Group 3: Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].