Canopy Growth lays off 800 workers to reduce costs by $160M this year

Mugglehead
By Natalia Buendia CalvilloFeb 9, 2023, 9:08 pm202 pts
Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) will lay off 800 workers due to the company’s new business model and shutting down more of its production operations. On Thursday, the cannabis company announced that it will close its Hershey Drive facility in Smiths Falls, Ontario and reduce headcount…

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