Changes won't come into effect immediately To combat further cuts and remain competitive with the illicit market, licensed producers have been slashing their prices, but complain the reductions are eating into their profits. announced a layoff impacting 85 employees at its Olds, Alberta facility that it said would deliver $9 million in savings. it took over and the consolidation of some of its cultivation operations. In the last week alone, Canopy Growth Corp., one of Canada's most prominent pot companies, said it would lay off 800 workers as part of a transformation plan that will also include the closure of a former Hershey chocolate plant in Smiths Falls, Ont.
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