{"id":834560,"date":"2025-04-07T11:07:20","date_gmt":"2025-04-07T15:07:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-canopy-growth-corporation-cgc-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/"},"modified":"2025-04-07T11:07:20","modified_gmt":"2025-04-07T15:07:20","slug":"investor-alert-class-action-lawsuit-filed-on-behalf-of-canopy-growth-corporation-cgc-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-canopy-growth-corporation-cgc-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/","title":{"rendered":"INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Canopy Growth Corporation (CGC) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">ATLANTA, April  07, 2025  (GLOBE NEWSWIRE) &#8212; A shareholder class action lawsuit has been filed against Canopy Growth Corporation (\u201cCanopy Growth\u201d or \u201cthe Company\u201d) (NASDAQ: CGC). The lawsuit alleges that Defendants made materially false and\/or misleading statements, and\/or failed to disclose material adverse facts regarding Canopy Growth\u2019s business, operations, and prospects, including allegations that: (i) Canopy Growth had incurred significant costs producing Claybourne pre-rolled joints in connection with the Claybourne product launch in Canada; (ii) the foregoing costs, in addition to certain indirect costs that Canopy Growth incurred in connection with its Storz &amp; Bickel vaporizer devices, were likely to have a significant negative impact on the Company\u2019s gross margins and overall financial results; and (iii) accordingly, Defendants had overstated the efficacy of the Company\u2019s cost reduction measures and the health of its gross margins while downplaying issues with the same.\u00a0\u00a0<\/p>\n<p align=\"justify\">If you bought shares of Canopy Growth between <strong>May 30, 2024 and February 6, 2025<\/strong>, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at\u202f<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RZAyzsPanasAwF1NCOwT-GvgCdzXsTon04JVWiAS4TMgXw1mKrRHiSDrTNxDBDIx4SnwK18bvGzp9dZykdSpTGtnuOQbouN6JcTCMtESdwc=\" rel=\"nofollow\" target=\"_blank\">cholzer@holzerlaw.com<\/a>, by toll-free telephone at (888) 508-6832 or you may visit the firm\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fPuyMPSCGUv55kx2RhKVCvaw91tioR1GLfS9PYMvdwYzav6fSBsU7sAjl35bVrlGg7C3adnLFFgaAMX6gNYESN1_RkylNTos_dqaX0Mn26CSyjF_OOhXdrS-7xYSJXO2_VMQTIw6Ok9i8ErWcEsQQg==\" rel=\"nofollow\" target=\"_blank\"><u>www.holzerlaw.com\/case\/canopy-growth\/<\/u><\/a> to learn more.<\/p>\n<p align=\"justify\">\n        <strong>The deadline to ask the court to be appointed lead plaintiff in the case is June 3, 2025.<\/strong>\n      <\/p>\n<p align=\"justify\">Holzer &amp; Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer &amp; Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.\u202fMore information about the firm is available through its website,\u202f<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fPuyMPSCGUv55kx2RhKVCnDmS5NiPgSHtPDrW59kII3Asesdt0JrJkL1eOhnsa-17APMvwlmJgyc12MHMSwscNsnr2Qa9HV7FVQaCtwH1Nc=\" rel=\"nofollow\" target=\"_blank\">www.holzerlaw.com<\/a>,\u202fand upon request from the firm. Holzer &amp; Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.\u202f\u00a0<\/p>\n<p align=\"justify\">CONTACT:<br \/>Corey Holzer, Esq.<br \/>(888) 508-6832 (toll-free) <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=RZAyzsPanasAwF1NCOwT-GvgCdzXsTon04JVWiAS4TPMtpGijVU_iP5YqrGcbYAVIJ0_0wxLC-Qs9OHJwg7LPUDpoxOxa-3UCJL64323IZU=\" rel=\"nofollow\" target=\"_blank\">cholzer@holzerlaw.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxODA4NiM2ODU0MzM4IzIxODA3Njc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NzU5OTZhMGUtZDljYS00NGE5LWI4MDItOGYzYzk3ZTdhMmU0LTExOTIzMzYtMjAyNS0wNC0wNy1lbg==\/tiny\/Holzer-Holzer.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ATLANTA, April 07, 2025 (GLOBE NEWSWIRE) &#8212; A shareholder class action lawsuit has been filed against Canopy Growth Corporation (\u201cCanopy Growth\u201d or \u201cthe Company\u201d) (NASDAQ: CGC). The lawsuit alleges that Defendants made materially false and\/or misleading statements, and\/or failed to disclose material adverse facts regarding Canopy Growth\u2019s business, operations, and prospects, including allegations that: (i) Canopy Growth had incurred significant costs producing Claybourne pre-rolled joints in connection with the Claybourne product launch in Canada; (ii) the foregoing costs, in addition to certain indirect costs that Canopy Growth incurred in connection with its Storz &amp; Bickel vaporizer devices, were likely to have a significant negative impact on the Company\u2019s gross margins and overall financial results; and (iii) accordingly, Defendants had overstated &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-canopy-growth-corporation-cgc-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Canopy Growth Corporation (CGC) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-834560","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Canopy Growth Corporation (CGC) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-canopy-growth-corporation-cgc-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Canopy Growth Corporation (CGC) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATLANTA, April 07, 2025 (GLOBE NEWSWIRE) &#8212; A shareholder class action lawsuit has been filed against Canopy Growth Corporation (\u201cCanopy Growth\u201d or \u201cthe Company\u201d) (NASDAQ: CGC). The lawsuit alleges that Defendants made materially false and\/or misleading statements, and\/or failed to disclose material adverse facts regarding Canopy Growth\u2019s business, operations, and prospects, including allegations that: (i) Canopy Growth had incurred significant costs producing Claybourne pre-rolled joints in connection with the Claybourne product launch in Canada; (ii) the foregoing costs, in addition to certain indirect costs that Canopy Growth incurred in connection with its Storz &amp; Bickel vaporizer devices, were likely to have a significant negative impact on the Company\u2019s gross margins and overall financial results; and (iii) accordingly, Defendants had overstated &hellip; Continue reading &quot;INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Canopy Growth Corporation (CGC) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-canopy-growth-corporation-cgc-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-07T15:07:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxODA4NiM2ODU0MzM4IzIxODA3Njc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-class-action-lawsuit-filed-on-behalf-of-canopy-growth-corporation-cgc-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-class-action-lawsuit-filed-on-behalf-of-canopy-growth-corporation-cgc-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Canopy Growth Corporation (CGC) Investors \u2013 Holzer &amp; 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Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-canopy-growth-corporation-cgc-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/","og_locale":"en_US","og_type":"article","og_title":"INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Canopy Growth Corporation (CGC) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk","og_description":"ATLANTA, April 07, 2025 (GLOBE NEWSWIRE) &#8212; A shareholder class action lawsuit has been filed against Canopy Growth Corporation (\u201cCanopy Growth\u201d or \u201cthe Company\u201d) (NASDAQ: CGC). The lawsuit alleges that Defendants made materially false and\/or misleading statements, and\/or failed to disclose material adverse facts regarding Canopy Growth\u2019s business, operations, and prospects, including allegations that: (i) Canopy Growth had incurred significant costs producing Claybourne pre-rolled joints in connection with the Claybourne product launch in Canada; (ii) the foregoing costs, in addition to certain indirect costs that Canopy Growth incurred in connection with its Storz &amp; Bickel vaporizer devices, were likely to have a significant negative impact on the Company\u2019s gross margins and overall financial results; and (iii) accordingly, Defendants had overstated &hellip; Continue reading \"INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Canopy Growth Corporation (CGC) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-canopy-growth-corporation-cgc-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-07T15:07:20+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxODA4NiM2ODU0MzM4IzIxODA3Njc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-canopy-growth-corporation-cgc-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-canopy-growth-corporation-cgc-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Canopy Growth Corporation (CGC) Investors \u2013 Holzer &amp; 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