ATLANTA, GA – – (May 24, 2023) – – Holzer & Holzer, LLC informs investors that a class action lawsuit has been filed against Canopy Growth Corporation (“Canopy Growth” or “the Company”) (NASDAQ: CGC). The lawsuit alleges Canopy Growth made materially false and/or misleading statements and/or failed to disclose material adverse facts about the Company’s business, operations, and prospects, including: (1) that there were material weaknesses in the Company’s internal controls over accounting and financial reporting; (2) that, as a result, the Company improperly booked sales of its BioSteel business unit; and (3) that, as a result, the Company’s revenue was overstated.
If you bought shares of Canopy Growth between May 31, 2022 and May 10, 2023, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at email@example.com or Joshua Karr, Esq. at firstname.lastname@example.org, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website www.holzerlaw.com/case/canopy-growth/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is July 24, 2023.
Lead Plaintiff Deadline Has Passed
July 24, 2023