Case against Cormark was regulatory overreach: Tribunal [Investment Executive - News]
Canopy Growth Corporation - Common Shares (CGC)
Company Research
Source: Investment Executive - News
Ontario’s Capital Markets Tribunal dismissed all of the allegations against Toronto-based investment dealer, Cormark Securities Inc., which was accused of illegally distributing securities, and misleading an issuer client, by the Ontario Securities Commission (OSC). The tribunal dismissed all of the regulator’s allegations against Cormark, its head of equity capital markets, Jeff Kennedy, and a client, Marc Judah Bistricer (along with his company, Saline Investments Ltd.). The matter stemmed from a series of transactions involving shares in cannabis company, Canopy Growth Corp. According to the decision, when Canopy was being added to the TSX composite index in 2017, the investment dealer proposed a series of transactions that were designed to allow the company to raise fresh capital by taking advantage of the anticipated increase in the demand for its shares due to its inclusion in the index. The OSC alleged that the transactions involved abusive short selling, and amounted to an
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News
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- Canopy Growth Launches Claybourne Infused Pre-Rolls in Canada [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Canopy Growth Launches Claybourne Infused Pre-Rolls in Canada [Yahoo! Finance]Yahoo! Finance
CGC
Earnings
- 11/8/24 - Miss
CGC
Sec Filings
- 11/8/24 - Form 8-K
- 11/8/24 - Form 10-Q
- 10/17/24 - Form 8-K
- CGC's page on the SEC website