NASDAQ: CGC

Canopy Growth Corporation

Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Canopy Growth Corporation (NASDAQ: CGC) between May 31, 2021 and May 10, 2023, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 24, 2023.

If you purchased Canopy Growth securities during the Class Period and would like to join the action, please click “Join This Class Action.”

Class Period:May 31, 2022 through May 10, 2023

Deadline:

45 Days

If you purchased Canopy Growth securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Details of the case:

The Complaint alleges, that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

there were material weaknesses in the Company’s internal controls over accounting and financial reporting;
as a result, the Company improperly booked sales of its BioSteel business unit;
as a result, the Company’s revenue was overstated; and
as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Attorney Advertising. Prior results do not guarantee a similar outcome.