1 unchanged sentence
As previously disclosed in the Annual Report, in November 2019, the Corporation and certain of its current and former officers were named as defendants in three purported class action claims filed in the U.S.
−Removed: District Court for the District of New Jersey (the “Court”);
+Added: District Court (the “Court”);
two of these complaints have since been dismissed.
The plaintiffs allege that the defendants made false and/or misleading statements and/or failed to disclose material adverse facts, regarding Canopy Growth’s receivables, business, operations and prospects relating to, among other things, the demand for its softgel and oil products.
−Removed: In addition, as previously disclosed, in November 2020, the defendants moved to dismiss the complaint and on May 6, 2021, U.S.
+Added: In addition, as previously disclosed, in November 2020, the defendants moved to dismiss the plaintiff’s second amended complaint and on May 6, 2021, U.S.
District Court Judge McNulty granted the defendant’s motion to dismiss, without prejudice to the plaintiffs filing a third amended complaint with the Court within 30 days.
−Removed: On June 14, 2021, the plaintiffs filed their third amended complaint and on June 23, 2021, the Court granted the Corporation until August 16, 2021 to either enter an answer to the amended complaint or move to dismiss the complaint.
−Removed: The Corporation will again move to dismiss the complaint.
+Added: On June 14, 2021, the plaintiffs filed their third amended complaint.
+Added: Defendants filed their motion to dismiss the third amended complaint on August 16, 2021.
+Added: The motion will not be fully briefed until at least November 24, 2021.
Risk Factors.
6 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.