RE:Canopy Most of the Cannabis producers ramped up production too early and too big on legalization with the expectation that retail stores, and other channels to market, would come online much faster than what they have. Ontario is constantly pointed too as a bottle neck for distribution within Canada's largest population base.
Canopy is one of the largest producers in Canada and had been working on additional production facilities despite the still "slower than expected rollout of stores". Canopy putting expansion on hold for now should not come as a big surprise however their inability to fend off drink competitors such as HEXO / Truss may have also contributed to their decision to tighten the purse strings.
JMHO
Q
Stego67 wrote: They are closing a 55,000 sq ft facility in Bowmanville , ON , assuming everyone there will lose their jobs ...... market share issue ?