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Canopy Growth sheds assets in Canada, plans more layoffs

By Ankit Kumar Feb 9 (Reuters) – Canopy Growth Corp said on Thursday it would shed assets in Canada and cut 800 job positions as part of the pot producer’s efforts to reduce costs and turn profitable. Shares of the company, which reported a bigger quarterly loss, plunged 16.6% to C$3.06 at the closing of …

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