Canada
Canopy Growth Continues Retrenchment, Cuts 85 More Jobs
Canopy Growth Continues Retrenchment, Cuts 85 More Jobs

In a continued effort to conserve cash, Canada’s Canopy Growth Corporation is trimming back its operations via the closure of several international locations. In a press release issued last Thursday, the vertically-integrated cannabis firm said it would shutter an indoor cultivation facility in Canada and halt hemp farming at a 1,000-acre site in Springfield, New York.

Aurora Cannabis Announces Executive Moves, Provides Corporate Update
Aurora Cannabis Announces Executive Moves, Provides Corporate Update

In the face of growing financial losses and a stock that has lost more than 80% of its value over the last nine months, Canada’s Aurora Cannabis Inc. is shaking things up. The company recently shared that chief corporate officer Cam Battley had stepped down from his position on December 20, among other notable announcements.

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