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Bullboard - Stock Discussion Forum Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and... see more

TSX:WEED - Post Discussion

Canopy Growth Corp > Canopy got more court problems
View:
Post by lou64 on Sep 08, 2023 8:30am

Canopy got more court problems

Lots of cheerleading and denials of what is on Canopy's plate ?

Seems sheep have short memories and pump to attract naive fortune seekers !!
Riding the wave of ONLY medical approvals that aren't even close to any kind of legalization ... Canopy and the other LP haven't provide any path to provide profits and recovery on all those losses...

Now Canopy has more litigation issues stemming from a waiting litigation that turns into a daily double

The so-called fantastic news runs out of steam to help clear Canopy of being bounced from the Nasdaq and pending litigation conga line ?
 

Investigation for Long Term Investors in shares of Canopy Growth Corporation (NASDAQ: CGC) over potential Wrongdoing announced

09-08-2023 04:11 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in Canopy Growth Corporation (NASDAQ: CGC) shares.

An investigation on behalf of current long term investors in Canopy Growth Corporation (NASDAQ: CGC) shares.

 

An investigation was announced for current long-term investors in shares of Canopy Growth Corporation (NASDAQ: CGC) concerning potential breaches of fiduciary duties by certain directors of NASDAQ: CGC.

Investors who are current long term investors in Canopy Growth Corporation (NASDAQ: CGC) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: CGC stocks follows a lawsuit filed against Canopy Growth Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: CGC stocks, concerns whether certain Canopy Growth Corporation directors are liable in connection with the allegations made in that lawsuit.

 


According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that the Defendants failed to disclose to investors that there were material weaknesses in the Company's internal controls over accounting and financial reporting, that, as a result, the Company improperly booked sales of its BioSteel business unit, that, as a result, the Company's revenue was overstated, and that that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Those who purchased shares of Canopy Growth Corporation (NASDAQ: CGC) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

Comment by Coloradobuff on Sep 08, 2023 8:37am
Why would you still be short down here? Weird. Just like canopy was a terrible long position for the last few years, it is also now a terrible short. If they reverse split than he's may be a good time to come back. 
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