Canopy’s transformation plan comes after years of Canadian pot companies slashing workforces and tightening operations in a bid to reach their long-awaited goal of profitability.
The average price for cannabis was $11.78 per gram at the start of 2019, shortly after legalization, but fell to $7.50 per gram in 2021, a November report from Deloitte Canada and cannabis research firms Hifyre and BDSA said.
Source: News Formal (newsformal.com)
And so once they have reached their profit (again) as it had to have been profitable for them to start the company, will they then reinstate those people who’s backs they built their business on get their jobs back?🤔 Hmm, And then we’ll just put AI in there to replace the rest.
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