The Smiths Falls-based cannabis company says it had a net loss of $578.6 million for the quarter ended March 31 compared with a net loss of $616.7 million a year earlier.
Smiths Falls-based cannabis firm said cuts are a key piece of a plan that will also see the company retool its facilities, review procurement strategies and reduce other expenses.
The loss amounted to $2.43 per diluted share for the quarter ended Dec. 31, compared with a loss of $109.6 million or 26 cents per share a year earlier.
All three of Ottawa’s proposed pot shops have received operating licences from the province ahead of April 1 – the date retail storefronts will be given the green light to open across Ont
Firm’s local work includes Tweed visitor centre, Zibi
One of Ontario’s first cannabis storefronts might open under the Tweed banner in April, despite the Smiths Falls-based licensed producer being barred from running its own shops in the pro