LOGO
LOGO

Health News

Canopy Growth To Close More Marijuana Production Facilities, Cut Jobs In Canada

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Canadian cannabis company Canopy Growth Corp. said Wednesday it is closing more production facilities in Canada, including its entire outdoor cannabis cultivation operations in the country, as part of efforts to streamline its operations and improve margins. The closure of these facilities will impact about 220 employees.

Canopy Growth will cease operations at St. John's, Newfoundland and Labrador; Fredericton in New Brunswick; Edmonton in Alberta; and Bowmanville in Ontario. The company will also cease operations at its outdoor cannabis grow operations in Saskatchewan.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Health News

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.