Canadian cannabis company Canopy Growth on Thursday announced staff reductions of about 60%, including 800 positions, of which 40% were cut immediately. Canopy said it also plans to shut down its Hershey Drive facility in Smith Falls, Ontario. The moves are part of a cost reduction program that will save the firm between $140 million […]
Canopy Growth is an Ontario-based cannabis company that by April 2019 became the largest cannabis company in the world. That growth in 2019 may have come from the company’s expansion into the European market. Get more news on Canopy Growth below: