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Canopy Growth sheds 35% of Work Force in Canada

reuters | February 9, 2023

By Ankit Kumar (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. Shares of the company, which reported a bigger quarterly loss, plunged 16.6% to C$3.06 at the closing of trade. The company…