Canopy Growth Stock Down: Closing Greenhouses, 500 Jobs Lost

Canopy Growth Corporation is slashing 500 jobs after they decided to close 2 British Columbia located greenhouses. This comes at a time where these massive Canadian cannabis companies are looking more at profitability, rather than growth, so Canopy Growth is downsizing their cultivation operation to make sure they don’t grow too much cannabis. This will “align the company’s cultivation capacity with projected demand,” according to a Canopy Growth news release. Let’s Talk Cannabis LMC...

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