Sunday, March 08, 2020

Crazy Crazy Capitalism.

Canada's cannabis industry has seen a wave of lay-offs this year, including 500 at Aurora Cannabis and 140 at Tilray Inc. as they struggle to make profit. Canopy Growth Corp. says it’s planning cuts because it lost $124.17 million in 2019. It lost 35 cents per share in the quarter ending Dec.31. CEO David Klein said the company has taken steps to reduce the stockbased compensation and implemented tighter cost controls, but still has a lot of work to do. And this is the industry Canada's government legalized! Crazy Crazy capitalism.
S.P.C. Members.

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