STZ TARNISHED & ERODED CANOPY GROWTHA large part of Canopy's problem is STZ's reluctance to select a competent new CEO to replace Linton and since they have the majority of directors on Canopy's Board they are the one's in full control of the company now.
It is STZ that should be held accountable since they removed Bruce Linton several months ago and inadvertantly allowed Canopy's reputation and shares to further deterioate by not appointing a CEO replacement in a timely manner.
Any class action law suits should be addressed to STZ. In fact, it was approx. 6 months ago when STZ's CEO was the FIRST who suggested and said "that Canopy would hit a 1 billion dollar run rate". After that other executives repeated the same comments.
We are all looking at the wrong company to blame. The blame falls completely on STZ for their lack of interest and desire to appoint a new and competent CEO to Canopy Growth.
Had STZ acted promptly and responsibly, that would of helped to restore confidence in Canopy and assisted in slowing down the collapse of the stock price.