{"id":853559,"date":"2025-05-22T05:48:31","date_gmt":"2025-05-22T09:48:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025-cgc-2\/"},"modified":"2025-05-22T05:48:31","modified_gmt":"2025-05-22T09:48:31","slug":"canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025-cgc-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025-cgc-2\/","title":{"rendered":"Canopy Growth Corporation Class Action: The Gross Law Firm Reminds Canopy Growth Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 3, 2025 &#8211; CGC"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">NEW YORK<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">May 22, 2025<\/span><\/span> \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of\u00a0<b>Canopy Growth Corporation (NASDAQ: CGC).<\/b><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg\" title=\"The Gross Law Firm (PRNewsfoto\/The Gross Law Firm)\" alt=\"The Gross Law Firm (PRNewsfoto\/The Gross Law Firm)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Shareholders who purchased shares of CGC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.<\/p>\n<p class=\"prntac\">CONTACT US HERE:<\/p>\n<p class=\"prntac\">\n        <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4433372-5&amp;h=3887717940&amp;u=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fcanopy-growth-corporation-loss-submission-form-2%2F%3Fid%3D149524%26from%3D4&amp;a=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fcanopy-growth-corporation-loss-submission-form-2%2F%3Fid%3D149524%26from%3D4\" target=\"_blank\" rel=\"nofollow\">https:\/\/securitiesclasslaw.com\/securities\/canopy-growth-corporation-loss-submission-form-2\/?id=149524&amp;from=4<\/a>\n      <\/p>\n<p>\n        <b>CLASS PERIOD: <\/b><br \/>\n        <span class=\"xn-chron\">May 30, 2024<\/span> to <span class=\"xn-chron\">February 6, 2025<\/span><\/p>\n<p>\n        <b>ALLEGATIONS: <\/b>The complaint <span>alleges<\/span> that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (i) Canopy had incurred significant costs producing Claybourne pre-rolled joints in connection with the Claybourne product launch in <span class=\"xn-location\">Canada<\/span>; (ii) the foregoing costs, in addition to certain indirect costs that Canopy incurred in connection with its Storz &amp; Bickel vaporizer devices, were likely to have a significant negative impact on the Company&#8217;s gross margins and overall financial results; (iii) accordingly, defendants had overstated the efficacy of Canopy&#8217;s cost reduction measures and the health of its gross margins while downplaying issues with the same; and (iv) as a result, defendants&#8217; public statements were materially false and misleading at all relevant times.<\/p>\n<p>\n        <b>DEADLINE: <span class=\"xn-chron\">June 3, 2025<\/span><\/b> Shareholders should not delay in registering for this class action. Register your information here: <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=4433372-5&amp;h=3887717940&amp;u=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fcanopy-growth-corporation-loss-submission-form-2%2F%3Fid%3D149524%26from%3D4&amp;a=https%3A%2F%2Fsecuritiesclasslaw.com%2Fsecurities%2Fcanopy-growth-corporation-loss-submission-form-2%2F%3Fid%3D149524%26from%3D4\" target=\"_blank\" rel=\"nofollow\">https:\/\/securitiesclasslaw.com\/securities\/canopy-growth-corporation-loss-submission-form-2\/?id=149524&amp;from=4<\/a><\/p>\n<p>\n        <b>NEXT STEPS FOR SHAREHOLDERS: <\/b>Once you register as a shareholder who purchased shares of CGC during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is <span class=\"xn-chron\">June 3, 2025<\/span>. There is no cost or obligation to you to participate in this case.<\/p>\n<p>\n        <b>WHY GROSS LAW FIRM? <\/b>The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, <span>fraud<\/span>, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and\/or misleading statements or the omission of material information by a company lead to artificial inflation of the company&#8217;s stock. Attorney advertising. Prior results do not guarantee similar outcomes.<\/p>\n<p>\n        <b>CONTACT:<\/b><br \/>\n        <br \/>The Gross Law Firm<br \/>15 West 38th Street, 12th floor<br \/><span class=\"xn-location\">New York, NY<\/span>, 10018<br \/>Email: <a href=\"mailto:dg@securitiesclasslaw.com\" target=\"_blank\" rel=\"nofollow\">dg@securitiesclasslaw.com<\/a><br \/>Phone: (646) 453-8903<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY93880&amp;sd=2025-05-22\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025--cgc-302462509.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025&#8211;cgc-302462509.html<\/a><\/p>\n<p>SOURCE  The Gross Law Firm<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY93880&amp;Transmission_Id=202505220545PR_NEWS_USPR_____NY93880&amp;DateId=20250522\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK , May 22, 2025 \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of\u00a0Canopy Growth Corporation (NASDAQ: CGC). Shareholders who purchased shares of CGC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/canopy-growth-corporation-loss-submission-form-2\/?id=149524&amp;from=4 CLASS PERIOD: May 30, 2024 to February 6, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (i) Canopy 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025-cgc-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Canopy Growth Corporation Class Action: The Gross Law Firm Reminds Canopy Growth Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 3, 2025 &#8211; CGC&#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-853559","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Canopy Growth Corporation Class Action: The Gross Law Firm Reminds Canopy Growth Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 3, 2025 - CGC - 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\/canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025-cgc-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canopy Growth Corporation Class Action: The Gross Law Firm Reminds Canopy Growth Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 3, 2025 - CGC - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , May 22, 2025 \/PRNewswire\/ &#8212; The Gross Law Firm issues the following notice to shareholders of\u00a0Canopy Growth Corporation (NASDAQ: CGC). Shareholders who purchased shares of CGC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/canopy-growth-corporation-loss-submission-form-2\/?id=149524&amp;from=4 CLASS PERIOD: May 30, 2024 to February 6, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (i) Canopy 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 &hellip; Continue reading &quot;Canopy Growth Corporation Class Action: The Gross Law Firm Reminds Canopy Growth Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 3, 2025 &#8211; CGC&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025-cgc-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-22T09:48:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg\" \/>\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\\\/canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025-cgc-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025-cgc-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Canopy Growth Corporation Class Action: The Gross Law Firm Reminds Canopy Growth Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 3, 2025 &#8211; 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The Gross Law Firm issues the following notice to shareholders of\u00a0Canopy Growth Corporation (NASDAQ: CGC). Shareholders who purchased shares of CGC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https:\/\/securitiesclasslaw.com\/securities\/canopy-growth-corporation-loss-submission-form-2\/?id=149524&amp;from=4 CLASS PERIOD: May 30, 2024 to February 6, 2025 ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and\/or misleading statements and\/or failed to disclose that: (i) Canopy 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 &hellip; Continue reading \"Canopy Growth Corporation Class Action: The Gross Law Firm Reminds Canopy Growth Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 3, 2025 &#8211; CGC\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025-cgc-2\/","og_site_name":"Market Newsdesk","article_published_time":"2025-05-22T09:48:31+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/2280333\/The_Gross_Law_Firm_Logo.jpg","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\/canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025-cgc-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/canopy-growth-corporation-class-action-the-gross-law-firm-reminds-canopy-growth-corporation-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-june-3-2025-cgc-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Canopy Growth Corporation Class Action: The Gross Law Firm Reminds Canopy Growth Corporation Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of June 3, 2025 &#8211; 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