Investor Rights Firm Rosen Law Firm Encourages Canopy Growth Corporation Investors to File Securities Class Action Suit Before Deadline.

ROSEN A LEADING INVESTOR RIGHTS LAW FIRM ENCOURAGES CANOPY GROWTH CORPORATION INVESTORS TO SECURE COUNSEL BEFORE THE MAY 24, 2023 DEADLINE IN THE SECURITIES CLASS ACTION LAWSUIT

New York, New York – April 25, 2023 – Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Canopy Growth Corporation (NYSE: CGC) between October 11, 2018 and March 10, 2023, inclusive (the "Class Period"), of the important May 24, 2023 lead plaintiff deadline in the securities class action lawsuit filed by the firm.

The lawsuit seeks to recover damages for Canopy Growth Corporation investors under the federal securities laws. The lawsuit was filed in the United States District Court for the Southern District of New York and is captioned Rosenbaum v. Canopy Growth Corporation, et al., No. 23-cv-00312.

According to the lawsuit, defendants made false and misleading statements and failed to disclose material information regarding the company's financial performance and business prospects. Specifically, the lawsuit alleges that defendants made false statements about the company's cannabis sales and revenue, and failed to disclose that the company's financial performance was significantly impacted by the COVID-19 pandemic and the decline in the cannabis market.

On March 10, 2023, the company announced that it would be laying off 500 employees, or approximately 20% of its workforce, citing a need to "right-size" its operations and adjust to the changing cannabis market. The company also announced that it would be reducing its workforce in response to the decline in cannabis sales and revenue.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must request that the Court appoint you as lead plaintiff by May 24, 2023. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation.

If you are a current or former Canopy Growth Corporation investor who purchased securities during the Class Period, you are encouraged to contact the Rosen Law Firm to discuss your rights and options. Follow this link for more information: https://rosenlegal.com/submit-form/?case_id=5474.

Rosen Law Firm represents investors worldwide, focusing exclusively on securities based litigation and investor rights. If you are a current or former Canopy Growth Corporation investor who purchased securities during the Class Period, you are encouraged to contact the Rosen Law Firm to discuss your rights and options.

Contact: Laurence Rosen, Esq. Direct: 212-307-4710 Email: laurence.rosen@rosenlegal.com Follow us on social media: https://rosenlegal.com/social-media/