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CGC Shareholders Have the Right to Lead the Canopy Growth Corporation Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - CGC
CGCCanopy Growth(CGC) Prnewswire·2025-06-02 08:18

Core Viewpoint - A class action lawsuit has been filed against Canopy Growth Corporation for alleged violations of federal securities laws, specifically regarding misleading statements about production costs and financial performance [1]. Group 1: Lawsuit Details - The lawsuit pertains to shareholders who purchased Canopy's securities between May 30, 2024, and February 6, 2025 [1]. - The complaint claims that Canopy Growth made false statements about significant production costs associated with the launch of Claybourne pre-rolled joints and vaporizer devices, which negatively impacted gross margin and overall financial performance [1]. - The company is accused of overstating the effectiveness of its cost reduction measures, leading to materially misleading public statements throughout the class period [1]. Group 2: Investor Participation - Shareholders who suffered losses during the specified class period are encouraged to contact the DJS Law Group to participate in the lawsuit [2]. Group 3: DJS Law Group Profile - DJS Law Group specializes in enhancing investor returns through securities class actions, corporate governance litigation, and M&A appraisals, representing large hedge funds and alternative asset managers [3].