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CANOPY GROWTH SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Canopy Growth Corporation - CGC

November 23, 2019

NEW ORLEANS--(BUSINESS WIRE)--Nov 22, 2019--

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 20, 2020 to file lead plaintiff applications in a securities class action lawsuit against Canopy Growth Corporation (NYSE: CGC), if they purchased the Company’s securities between June 21, 2019 and November 13, 2019, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of New Jersey.

What You May Do

If you purchased securities of Canopy Growth and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ( lewis.kahn@ksfcounsel.com ), or visit https://www.ksfcounsel.com/cases/nyse-cgc/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by January 20, 2020.

About the Lawsuit

Canopy Growth and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.

On November 14, 2019, pre-market, the Company announced its 2Q2019 results including a larger-than-expected loss for the quarter, a restructuring charge of $32.7 million.

On this news, the price of Canopy Growth’s shares plummeted.

The case is Ortiz v. Canopy Growth Corporation et al,.2:19cv20543.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.

To learn more about KSF, you may visit www.ksfcounsel.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191122005538/en/

CONTACT: Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner

lewis.kahn@ksfcounsel.com

1-877-515-1850

KEYWORD: LOUISIANA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: RETAIL SPECIALTY LEGAL PROFESSIONAL SERVICES

SOURCE: Kahn Swick & Foti, LLC

Copyright Business Wire 2019.

PUB: 11/22/2019 10:50 PM/DISC: 11/22/2019 10:50 PM

http://www.businesswire.com/news/home/20191122005538/en