Canopy Growth Executives Sell Shares Following Volatile Price Action
Two directors at Canopy Growth Corporation have disposed of company stock in the wake of a significant price correction. These transactions occurred during a period where the Canadian cannabis producer is reporting operational progress, yet its share price continues to demonstrate weakness.
The sales were executed by David Angelo Lazzarato and Theresa Yanofsky. Lazzarato sold 15,715 shares for approximately $17,757, while Yanofsky divested 10,434 shares for about $11,790. Both sales were executed at a price around $1.13 per share—a level substantially below the stock’s 52-week high of $3.07. The company’s current market capitalization stands near $420 million.
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