Tag: Canopy Growth


Smiths Falls Town Council Asked To Amend Bylaw To Allow For Cannabis Research


is being asked to amend its smoking bylaw by one of the town’s biggest employers. Canopy Growth is asking town council to relax the rules so it can allowing cannabis smoking and vaping at its plant, all in the name of research. “For over eight years we’ve had a smoking bylaw in town to make sure we protect our public from second hand smoke, to try to discourage smoking in public places overall,” explained Shawn…


Layoffs Continue at Canopy Growth, Constellation Brands’ Struggling Cannabis Producer


Canopy Growth Corp., a major marijuana producer, has laid off 200 staff from the Canadian, U.K. and U.S. offices This is the third round of cuts in the last few months—as it stands, the company has let go almost 1,000 employees, including COVID-19-related furloughs. In a statement to the Canadian Press, Canopy chief executive officer David Klein said, “Although difficult, the decisions that have been made over the last few months are to allow Canopy…


Why Legal Pot Was Taking a Hit in Canada, Weeks Before COVID-19 Sent Markets Plunging


The gains cannabis companies were banking on in the lead-up to legalization of recreational sales in October 2018 have not materialized. So, what went sideways? In February, weeks before COVID-19 was declared a pandemic and the stock market was sent into a tailspin, a handful of Canada’s largest cannabis companies were already in layoff mode. In B.C., Canopy Growth was preparing to shutter what was once the world’s largest licensed indoor growing operation, a sprawling…