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
Show less
Read more
Impact Snapshot
Event Time:
CGC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CGC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CGC alerts
High impacting Canopy Growth Corporation - Common Shares news events
Weekly update
A roundup of the hottest topics
CGC
News
- Canopy Growth Corporation (CGC) Is a Trending Stock: Facts to Know Before Betting on It [Yahoo! Finance]Yahoo! Finance
- Weekly Roundup on the Cannabis Sector & Psychedelic Sector 11-11-2024 [Yahoo! Finance]Yahoo! Finance
- Canopy Growth (CGC) Q2 2025 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Corporation (CGC) Reports Q2 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Canopy Growth Reports Second Quarter Fiscal Year 2025 Financial ResultsPR Newswire
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