A marijuana growing facility in Yorkton is slated to close.
As part of larger changes to global operations, Canopy Growth will close their indoor growing facility in Yorkton, stating in a release that the decision is 鈥渢o further align production in Canada with market conditions.鈥�
鈥淭he changes we announced today have global implications and are a result of the strategic review that I initiated when I began at Canopy Growth in January. While the Company remains committed to meeting the needs of these markets going forward, we are taking this opportunity to create focus and realign priorities to help drive efficiencies in Canopy Growth鈥檚 global operations. Canopy Growth has been an innovator and leader in this industry from the beginning, and we plan to continue in this position well into the future by making these necessary changes today. I want to sincerely thank the employees affected by these decisions for the contributions they have made to Canopy Growth,鈥� said David Klein, CEO, Canopy Growth, in a written response to Yorkton This Week鈥檚 request for an interview.
As well as closing the Yorkton facility, the company will be transferring its African operations to local small businesses, cease operations at its cultivation facility in Columbia, and cease farming operations in Springfield, New York due to an abundance of hemp produced in the 2019 growing season.
Canopy Growth operates the Tweed brand of cannabis products. They also operate several stores in Saskatchewan, including one in Melville, Sk.
The plans for a Yorkton facility began in 2017, and at that time it was planned to be a medical marijuana growth facility. They projected that they would hire 40-50 staff at that time, though that planned expansion never occurred.
