Canopy Growth BioSteel faces class action over 50% drop

Canopy Growth BioSteel faces class action over 50% drop

Canopy Growth BioSteel shareholders allege 50% revenue revisions misled investors A class action lawsuit alleging misstatements in financial disclosures related to Canopy Growth Corporation’s BioSteel acquisition has been certified by the Ontario Superior Court of Justice, allowing the case to proceed on behalf of shareholders. Canopy Growth, which was founded in Smiths Falls and remains one of Canada’s most prominent cannabis companies, is name…