Looking forward and not behind their shoulders is the message Dave Paterson was getting across to Canopy Growth employees during Thursday’s ribbon cutting ceremony at 99 Lorne St.
The event was to celebrate “a new chapter,” according to the company’s president of Canadian operations.
It hasn’t been smooth sailing for the company, with mass layoffs announced earlier this year which included selling its 1 Hershey Drive plant back to Hershey’s Canada.
Lake 88 asked Paterson how the company can stabilize and maintain consistency.
Audio PlayerMost recently, Canopy Growth announced intentions to sell BioSteel Sports after the sports drink they hold majority shares in since 2019 is $439 million in debt.
But the focus now is on cannabis, which is a tricky industry, says Paterson.
Audio PlayerHe said it seems like once you have it figured out, regulations change and you’re starting over.
Story by Grant Deme