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Benzinga

Business

Maureen Meehan

Canopy Growth Announces Cost Reduction To Accelerate Profitability, Including Lay Offs

Canopy Canopy Growth Canopy Growth Corp

Canopy Growth Corp. (TSX:WEED) (NASDAQ:CGC) announced that it is undertaking a series of initiatives, including layoffs, to reduce costs and drive efficiency in order to accelerate its path to profitability.

Aligned to Canopy Growth’s FY23 strategic review, the Company announced it is conducting the following actions:

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