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BRIEF-Canopy Growth Announces Changes To Canadian Operations

Published 2020-12-09, 12:57 p/m
© Reuters.
WEED
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Dec 9 (Reuters) - Canopy Growth Corp WEED.TO :

* CANOPY GROWTH ANNOUNCES CHANGES TO CANADIAN OPERATIONS

* CANOPY GROWTH CORP - APPROXIMATELY 220 EMPLOYEES HAVE BEEN IMPACTED AS A RESULT OF CLOSURES

* CANOPY GROWTH CORP - WILL CEASE OPERATIONS AT ST. JOHN'S, NEWFOUNDLAND AND LABRADOR; FREDERICTON, NEW BRUNSWICK; EDMONTON, ALBERTA

* CANOPY GROWTH CORP - EXPECTS TO RECORD ESTIMATED TOTAL PRE-TAX CHARGES OF ABOUT $350-400MM IN THIRD AND FOURTH QUARTERS OF FISCAL 2021

* CANOPY GROWTH CORP - WILL CEASE OPERATIONS AT BOWMANVILLE, ONTARIO; AS WELL AS ITS OUTDOOR CANNABIS GROW OPERATIONS IN SASKATCHEWAN

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