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Canadian cannabis company Flowr has announced a corporate restructuring that includes layoffs due to the COVID-19 pandemic.
Flowr will restructure about 25% of its global workforce, which is comprised of roughly 280 employees, in an effort to reduce annual headcount expenses by approximately $6-million.
This restructuring will impact Flowr's operations in Kelowna as well as in Portugal and Australia where the company has a cultivation and a packaging facility.
According to a recent press release from Flowr, the company will continue to move forward with Health Canada's recently approved grow room and packaging operation expansions in Kelowna.
The flagship Kelowna facility is pegged to become a single hub for all aspects of cultivation, processing and packaging to service the Canadian market.
Upon completion, there will be a total of 20 growrooms at the Kelowna facility, with a production capacity of approximately 10,000 kg of premium cannabis when fully optimized.
The company also intends to primarily focus its resources near term on the dried flower market and delay the launch of its live resin product.
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