Browsing Tag
SunStream Bancorp
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SNDL cuts more than 30% of Kelowna manufacturing jobs, but will the cannabis retreat protect profitability?
SNDL has reduced more than 30% of the workforce at its Kelowna manufacturing facility as the Canadian cannabis and liquor retailer reshapes its production portfolio, exits unprofitable domestic dried flower activity and seeks more consistent profitability. The reductions come alongside a planned capital return programme and an increased economic interest in U.S. cannabis operator Parallel.