Breaking News: Canopy Growth lays off 500 employees, shuts down massive B.C. greenhouses

Breaking News: Canopy Growth lays off 500 employees, shuts down massive B.C. greenhouses

Canopy is expected to take $700-800 million write down for Q4 2020. Canopy Growth Corp. is orchestrating a massive overhaul involving a layoff of 500 workers, a multimillion-dollar writedown, the closure of two greenhouses and the cancellation of plans to operate a third. The Smiths Falls, Ont., cannabis company revealed the moves, labeled an optimization plan, Wednesday […] The post Breaking News: Canopy Growth lays off 500 employees, shuts down massive B.C. greenhouses appeared first on Latest Cannabis News Today – Headlines, Videos & Stocks.

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Source : Cannabis life network
Link to original : Breaking News: Canopy Growth lays off 500 employees, shuts down massive B.C. greenhouses
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