cuts 60% of jobs

Canopy Growth Corp., backed by Corona beermaker Constellation Brands Inc., will close major operations and cut 60% of its jobs as it says Canada’s marijuana industry has failed to meet expectations due to competition from a thriving black market. The scaling back of Canada’s second-largest pot producer is the second restructuring in less than 12 months. Together with job cuts … [Read more...] about Beer-Backed Pot Giant Canopy Cuts 60% of Jobs, Citing Black Market