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CGC Shareholders Have the Right to Lead the Canopy Growth Corporation Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - CGC

1. A class action lawsuit against Canopy Growth for securities law violations. 2. Shareholders from May 2024 to February 2025 can participate in the lawsuit. 3. Allegations include false statements about production costs affecting financial performance. 4. Claims suggest overstated effectiveness of cost reduction measures by the company. 5. Potential negative implications for CGC's gross margins and profitability.

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FAQ

Why Bearish?

The lawsuit suggests serious allegations against CGC, reminiscent of similar past issues with other firms leading to price declines following legal actions.

How important is it?

The legal action has significant implications for investor confidence and stock price potential.

Why Short Term?

As legal processes can quickly affect stock prices, especially with upcoming reporting dates.

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TLRYAPHACRONCGC
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Canopy Growth Corporation ("Canopy" or "the Company") (NASDAQ: CGC) for violations of the federal securities laws.Shareholders who purchased the Company's securities between May 30, 2024 and February 6, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before June 3, 2025. DJS Law Group CASE DETAILS:  The complaint alleges that the Company made false and misleading statements to the market concerning whether Canopy Growth experienced significant production costs related to the launch of Claybourne pre-rolled joints in Canada. These costs, along with costs related to the Company's vaporizer devices, were likely to have a negative impact on its gross margin and overall financial performance. The Company overstated the effectiveness of its cost reduction measures. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. If you are a shareholder who suffered a loss, contact us to participate.WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.CONTACT:David J. SchwartzDJS Law Group274 White Plains Road, Suite 1Eastchester, NY 10709Phone: 914-206-9742Email: [email protected]SOURCE DJS Law Group LLP WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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