Alberta Cannabis Producer Sundial Targeted in Class Action Suit

Calgary-based licensed cannabis producer Sundial Growers failed to disclose its products’ contamination problems prior to going public on the stock market, a class-action lawsuit contends. A complaint filed Sept. 25 under the name of plaintiff and company investor Yimin Huang said that defendants, including board member and former University of Calgary president Elizabeth Cannon, were in New York City on Aug. 1 to mark the company’s shares being listed on the NASDAQ. “The registration statement…

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Author: Bill Kaufmann, Calgary Herald