Industry update Canopy shutters 5 Canadian facilities, beverage boss walks Canadian weed giant to lay off 220 workers in an effort to save up to $200M Jared GnamDecember 9, 2020
The weed wire Canopy’s recreational cannabis sales continue to decline But the major weed company's stock jumped 7% on strong medical and vaporizer sales Jared GnamAugust 10, 2020
COVID-19 Organigram lays off 220 workers, warns of declining weed sales Moncton-based company will also cut production and expects writedowns due to Covid-19 Jared GnamJuly 3, 2020
The weed wire Aurora co-founder Terry Booth retires from board of directors Company continues corporate reset as Booth makes final exit Jared GnamJune 29, 2020
The weed wire Tilray to shutter Ontario greenhouse as Canadian cannabis closures continue High Parks Gardens facility shutdown will save parent company $7.5 million annually while losing 120 workers Jared GnamMay 28, 2020
Cannabis Canopy closes international operations, expects up to $800M in charges The latest in a series of aggressive cutbacks spearheaded by new CEO David Klein Nick LabaApril 16, 2020