Investors in Canopy Growth Corporation Targeted in Securities Fraud Suit

LOS ANGELES, April 18, 2025 /PRNewswire/ — The Law Offices of Frank R. Cruz announced today that investors who faced losses related to the Canopy Growth Corporation (“Canopy” or the “Company”) CGC are encouraged to take part in a securities fraud class action lawsuit.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CANOPY GROWTH CORPORATION (CGC), CLICK HERE BEFORE JUNE 3, 2025 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Overview of the Lawsuit
The complaint claims that, from May 30, 2024 to February 6, 2025, the defendants did not inform investors that: (1) Canopy faced substantial costs in producing Claybourne pre-rolled joints tied to its product launch in Canada; (2) these costs, along with other indirect expenses related to the Storz & Bickel vaporizer devices, were expected to significantly harm the Company’s gross margins and overall financial performance; (3) thus, the defendants had exaggerated the effectiveness of Canopy’s cost-cutting measures and the health of its gross margins while minimizing related issues; and (4) consequently, the positive statements about the Company’s business, operations, and future prospects were misleading and lacked a sound basis throughout this period.

Contact Us for More Information:
If you are interested in learning more about this case or have any questions regarding this announcement, please feel free to reach out.
The Law Offices of Frank R. Cruz, 
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you reach out via email, please include your mailing address, phone number, and how many shares you bought.

You do not need to take any action at this point to be part of the class action; you can either choose to retain your own attorney or remain a passive member of the class action.

This press release may be classified as Attorney Advertising in certain jurisdictions under applicable laws and ethical guidelines.

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SOURCE The Law Offices of Frank R. Cruz, Los Angeles