BENSALEM, Pa., April 22, 2025 /PRNewswire/ — The Law Offices of Howard G. Smith announces that investors suffering significant losses have the opportunity to lead a class action lawsuit against Canopy Growth Corporation (“Canopy” or the “Company”) CGC.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CANOPY GROWTH CORPORATION (CGC), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE JUNE 3, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

For a confidential discussion regarding your legal rights, contact the Law Offices of Howard G. Smith via email at [email protected], call (215) 638-4847, or visit www.howardsmithlaw.com.

Overview of the Lawsuit:
The complaint alleges that from May 30, 2024 to February 6, 2025, the defendants failed to disclose critical financial information: (1) Canopy incurred significant production costs related to Claybourne pre-rolled joints during its product launch in Canada; (2) these production costs, along with indirect expenses from the Storz & Bickel vaporizer devices, were likely to negatively impact the Company’s gross margins and overall financial performance; (3) defendants overstated the effectiveness of Canopy’s cost reduction efforts and the health of its gross margins while downplaying related issues; and (4) the positive statements from defendants regarding the Company’s business and prospects were materially misleading or lacked a basis in fact.

How to Get Involved or Learn More:
If you’re interested in this class action or have questions about your rights concerning the case, please reach out to:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected],
Visit our website at: www.howardsmithlaw.com.

Investors do not need to take any immediate action to be included in the class action. They can choose to retain their own counsel or remain passive members of the lawsuit.

This press release may be considered Attorney Advertising in certain jurisdictions according to applicable laws and ethical standards.

Contact Information:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com

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SOURCE Law Offices of Howard G. Smith