Canopy Cuts Costs, Jobs; CEO: “Challenging But Necessary Changes”

Facing consistent challenges on the path to profitability, cannabis corporation Canopy has announced a host of cost reduction measures on Tuesday — including slashing around 250 jobs — as it targets hundreds of millions in savings by the end of the fiscal year 2022.
Read Full Story at source (may require registration)
Author:

RELATED
April 25, 2024|BY Spirits EditorRetail: Good Food Holdings Envisions Grocery’s Tech-Powered Future

Good Food Holdings has kicked off a bold new era f

April 25, 2024|BY Spirits EditorSurfside Rides Hard Tea Wave With National Distribution, New Flavors

Surfside, a fast-growing line of canned iced tea a

April 25, 2024|BY Spirits EditorFoxtrot Fallout: Brands, Distributors React As Retailer Shuts Down

Outfox Hospitality’s former partners are waking up