Canopy Growth Corp. reports that it has laid off another 30 employees as part of its corporate restructuring, during the coronavirus pandemic. Jordan Sinclair, the company’s vice president of communications, said in a statement; “The layoffs that affected operations staff members and were the result of Canopy Growth’s ongoing strategic review of the business”. Canopy Growth has also closed two major greenhouses in British Columbia in March, resulting in about 500 job losses. Due to the various job cuts and overall production lost, Canopy reported a significant fourth-quarter loss in late May and announced it was transitioning to focus on Canada.
– Marijuana Bussiness Daily, July 13th, 2020