Tilray Inc. to Close Leamington, Ont., Cannabis Greenhouse as Money-Saving Measure

Article by CBC News

Windsor Tilray Inc. to close Leamington, Ont., cannabis greenhouse as money-saving measure Social Sharing Facility contains about 37,700 square metres of cannabis cultivation, manufacturing space Tilray Inc. says it will close a licensed cannabis greenhouse in Ontario, which will save the company millions a year. (Ron Ward

Tilray Inc. says it will close a licensed cannabis greenhouse in Ontario, which will save the company millions of dollars a year.

The Nanaimo, B.C.-based company says it will close its wholly-owned subsidiary High Park Gardens in Leamington, Ont., over the next six weeks.

Tilray says it anticipates about $7.5 million in net annualized savings, as well as avoiding significant ongoing capital expenditures as a result.

Tilray acquired Natura Naturals Inc. in 2019 and the company has operated as High Park Gardens since then.

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