NEW YORK, NY / ACCESS Newswire / February 18, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Canopy Growth Corporation ("Canopy Growth") (NASDAQ:CGC) concerning possible violations of federal securities laws.
On February 7, 2025, Canopy issued a press release on the Company's financial results for the third quarter of its fiscal year 2025. Canopy reported year-over-year declines in both net revenue and gross margin, contributing to a wider-than-anticipated net loss for the quarter.
Following this news, Canopy's stock price fell 27.34%. To obtain additional information, go to:
https://zlk.com/pslra-1/canopy-growth-lawsuit-submission-form-2?prid=130350&wire=1
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212)363-7500.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP