From Financial Modeling Prep: 2025-06-05 18:00:00

Canopy Growth Corporation (NASDAQ:CGC) is facing legal scrutiny for allegedly misleading statements about its financial health and cost reduction measures. The company reported an EPS of -$0.94 and revenue of $45.2 million, lower than estimates. Despite this, CGC’s stock price is $1.39, showing a 6.54% increase.

Shareholders are urged to contact The Gross Law Firm regarding allegations of misleading statements by CGC. The company is accused of providing false information about cost reduction measures and financial health. A class action lawsuit is ongoing, with shareholders encouraged to register by June 3, 2025.

CGC reported an EPS of -$0.94 and revenue of $45.2 million, below estimates. The company allegedly issued false statements about its financial health and cost reduction measures. Despite this, CGC’s stock price is $1.39, showing a 6.54% increase.

CGC’s stock price is currently $1.39, reflecting a 6.54% increase. The stock has fluctuated between $1.25 and $1.41 today. Over the past year, CGC has experienced significant volatility, with a high of $8.65 and a low of $0.77. The company’s market capitalization is around $287.6 million.



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