news Canada Cannabis growing facility closure in Yorkton, Sask., among changes announced by Canopy Growth Social Sharing Facebook Twitter Email Reddit LinkedIn Canadian cannabis company says closure of facilities will align production with market conditions Tory Gillis · CBC News Canopy Growth reported a $374.6-million loss in its second quarter last November, compared to a loss of $330.6 million the previous year. (Sean Kilpatrick) A customer checks out a sample at a cannabis store in Winnipeg on October 17, 2018, the day retail cannabis sales became legal. Since then, ‘we haven’t seen demand take off anywhere near like what was expected,’ says a University of Regina economics professor. (John Woods) Jason Childs is an associate professor of economics at University of Regina. (CBC) Sébastien St-Louis, co-founder and CEO of Hexo, says 2020 may be a tough year for the fledgling cannabis industry, with companies facing increasing financial pressures. 1:17

2020-04-17