Bearbeiten von „Canopy Growth Sheds Assets In Canada Plans More Layoffs“
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− | 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 | + | By Ankit Kumar<br> Feb 9 (Reuters) [https://www.enthought.com/products/canopy/ - 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, [https://polaroid.wiki/index.php/Brother_Of_Aussie_Soccer_Star_Garang_Kuol_Taunts_After_Skipping_Bail evdeN evE NAKLiyAt] which reported a bigger quarterly loss, plunged 16.6% to C$3.06 at the closing of trade.<br> The company has been cutting costs through layoffs, [https://www.usatoday.com/story/opinion/2019/10/04/upcoming-book-leaves-scientific-possibility-existence-adam-eve-column/3826195002/ EVDEN evE] [https://evigetir.com/montaj.html EVDEn EvE nAkliyat] exit from some international markets, 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 [https://evigetir.com/evdeneve/hesaplama.html eVDeN evE NAKliyAT] cannabis beverages, edibles, vapes and extracts.<br> The company expects to complete the operational changes in the second quarter of fiscal 2024 and [https://bbarlock.com/index.php/Back_In_February_My_Husband_And_I_Booked_A_Virgin_Cruise_For_November_2022_Through_The_Agent_Imagine_Cruising_Paying_%C2%A31_988 evDeN Eve NAkLiYAt] 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 reduction in expenses.<br>($1 = 1. If you liked this information and you would such as to receive even more facts concerning [https://evigetir.com/temizlik.html EVDEN eVe naKliYAT] kindly browse through our own page. 3449 Canadian dollars) (Reporting by Ankit Kumar, additional reporting by Sourasis Bose; Editing by Maju Samuel and Shailesh Kuber)<br> |