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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Canopy Growth Corporation    WEED   CA1380351009

CANOPY GROWTH CORPORATION

(WEED)
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Law Offices of Howard G. Smith Announces Investigation on Behalf of Canopy Growth Corporation Investors

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11/22/2019 | 06:55pm EST

Law Offices of Howard G. Smith announces an investigation on behalf of Canopy Growth Corporation (“Canopy” or the “Company”) (NYSE: CGC) investors concerning the Company and its officers’ possible violations of federal securities laws.

On November 14, 2019, Canopy reported a CA$32.7 million restructuring charge “for returns, return provisions, and pricing allowances primarily related to its softgel and oil portfolio.”

On this news, Canopy’s stock price fell $2.66, or over 14%, to close at $15.84 on November 14, 2019, thereby injuring investors.

If you purchased Canopy securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


© Business Wire 2019
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Financials (CAD)
Sales 2020 411 M
EBIT 2020 -725 M
Net income 2020 -2 053 M
Finance 2020 1 616 M
Yield 2020 -
P/E ratio 2020 -4,91x
P/E ratio 2021 -24,9x
EV / Sales2020 19,2x
EV / Sales2021 2,99x
Capitalization 9 509 M
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Technical analysis trends CANOPY GROWTH CORPORATION
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 32,86  CAD
Last Close Price 27,28  CAD
Spread / Highest target 212%
Spread / Average Target 20,4%
Spread / Lowest Target -37,7%
EPS Revisions
Managers
NameTitle
Mark Zekulin Chief Executive Officer & Director
Rade Kovacevic President
David Eric Klein Chairman
Andre Fernandez Chief Operating Officer
Mike Lee Chief Financial Officer
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