Canopy Growth Corporation Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before June 3, 2025 to Discuss Your Rights - CGC

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]. Group 1: Allegations - The complaint alleges that Canopy Growth Corporation incurred significant costs related to the production of Claybourne pre-rolled joints during its product launch in Canada [1]. - It is claimed that these costs, along with indirect costs from Storz & Bickel vaporizer devices, negatively affected the company's gross margins and overall financial results [1]. - The defendants are accused of overstating the effectiveness of Canopy's cost reduction measures and downplaying issues related to gross margins, leading to materially false and misleading public statements [1]. Group 2: Class Action Details - The class period for the lawsuit is defined as May 30, 2024, to February 6, 2025, and shareholders are encouraged to register for participation [2]. - The deadline for shareholders to seek lead plaintiff status is June 3, 2025, with no cost or obligation to participate in the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions that inflated stock prices [3].