Jetty is known for making solventless vapes, unrefined resin, small-batch concentrates and infused pre-rolls, which Canopy says it could bring to the Canadian market through this deal.
Smiths Falls-based cannabis firm said cuts are a key piece of a plan that will also see the company retool its facilities, review procurement strategies and reduce other expenses.
Dave Schlosser's optimism comes amid the lifting of mask mandates, capacity restrictions and other health measures that cut into gatherings where consumers might have kicked back with a Truss product.
Mark Zekulin says he was seeking a venture that would do good and was in a field that was “as exciting and as dynamic” as the topsy-turvy world of cannabis.
Smiths Falls-based cannabis producer warned Wednesday that market headwinds could hamper its ability to be profitable in Canada.
Smiths Falls-based cannabis company previously predicted it would be profitable in the second half of its 2022 financial year, but now says reaching that goal will take longer.
The city's overall office vacancy rate fell to 9.7 per cent, marking the first net absorption of office space in the capital since the fourth quarter of 2019.
Canopy Growth, local cannabis retailer see pre-roll sales soar as consumers share joints less during pandemic
Research commissioned by Canopy found the pre-roll joint category grew by 48% across the entire market between January and May 2021.
Cointreau wants any profits Canopy made on products with the allegedly infringing trademarks and for the cannabis company to cover its costs and attorneys fees.
Big-box behemoth, whose Canadian subsidiary is headquartered on Hunt Club Road, posted revenues of $30.2 billion in 2020, up 6.6 per cent from a year earlier.