Shareholders that Lost Money on Canopy Growth Corporation (CGC) Should Contact Levi & Korsinsky About Pending Class Action - CGC
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Law firm Levi & Korsinsky has filed a class action securities lawsuit against Canopy Growth Corporation, alleging the company made false statements about product costs, gross margins, and financial results between May 30, 2024 and February 6, 2025. Shareholders who suffered losses are invited to participate in potential recovery efforts.
April 16, 2025 | 3:15 pm
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The class action lawsuit alleges Canopy Growth misrepresented its financial health, specifically regarding product launch costs and gross margins for Claybourne pre-rolled joints and Storz & Bickel vaporizers.
The lawsuit directly targets CGC's financial representations, which could lead to potential financial penalties, decreased investor trust, and stock price volatility.
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