Bearbeiten von „Canopy Growth Sheds Assets In Canada Plans More Layoffs“

By Ankit Kumar<br> Feb 9 (Reuters) - Canopy Growth Corp said on Thursday it would shed assets in Canada and cut 800 job positions as part of the pot producer's efforts to reduce costs and turn profitable.<br> Shares of the company, which reported a bigger quarterly loss,  [https://evigetir.com/evdeneve/anasayfa.html EVDen evE nAkliyAT] plunged 16.6% to C$3.06 at the closing of trade.<br> The company has been cutting costs through layoffs, exit from some international markets, [https://www.thefashionablehousewife.com/?s=store%20closures store closures] and divestiture of its retail business across Canada.<br> The company expects to save C$140 million ($104.10 million)to C$160 million over the next 12 months.<br> Its streamlining efforts in Canada include exiting cannabis flower cultivation in its Smiths Falls, Ontario facility, ceasing the sourcing of cannabis flower from the Quebec facility, and moving to a third-party sourcing model for cannabis beverages, edibles,  [http://druzhba5.dacha.me/user/Jeanna48S536/ EvdEN Eve NaKLiyat] vapes and extracts.<br> The company expects to complete the operational changes in the second quarter of fiscal 2024 and record restructuring-related pretax charges of C$425 million to C$525 million in the current quarter and the first half of fiscal 2024.<br> Canopy Growth's current headcount was 2,250, out of which 1,450 employees will remain after the reductions announced on Thursday, the company said.<br> "Canopy is now in a position where its success will largely depend on investor enthusiasm amid an environment where cannabis sentiment is at best apathetic," Stifel analyst Andrew Carter said in a note.<br> The company's adjusted core loss widened to C$87.5 million in the quarter ended Dec.<br><br>31, from C$67.4 million a year earlier.<br> Smaller rival Aurora Cannabis Inc, however, reported an adjusted core profit of C$1.4 million, compared to a loss of C$7.1 million in the year-ago quarter, helped by higher revenue and  [https://evigetir.com/index.html EvDEn eVE NAKLiYAt] reduction in expenses.<br>If you loved this article and you would like to acquire more info pertaining to [https://evigetir.com/evdeneve/hassasnakliye.html evDeN EvE NaKLiyaT] i implore you to visit our web site. ($1 = 1.3449 Canadian dollars) (Reporting by Ankit Kumar, additional reporting by Sourasis Bose; Editing by Maju Samuel and Shailesh Kuber)<br>