Aurora Hashish says it’s shedding 214 employees and its chief science officer is retiring, the newest of a collection of cuts to hit the Edmonton-based hashish firm.
Aurora spokeswoman Michelle Lefler mentioned along with the layoffs, operations on the firm’s Aurora Sky services — the corporate’s flagship marijuana greenhouse south of Edmonton — can be lowered by 75 per cent.
Lefler mentioned lowering capability will assist the corporate give attention to its “premium flower product” on the website, a 800,000-square-foot facility close to the Edmonton Worldwide Airport.
The corporate beforehand introduced it will pause operations at its Aurora Solar facility in Medication Hat, with the shutdown affecting 30 employees.
In an announcement, firm officers the transfer will enable the corporate to spend money on the worldwide medical market, which is exhibiting “stable development.
“In November, we closed our Aurora Solar facility and at the moment are scaling again manufacturing at Aurora Sky to 25 per cent of its earlier capability,” reads the assertion.
“At this degree of manufacturing, we intend to remodel the Sky facility right into a high-value cultivation centre for our premium strains and, in flip, higher align manufacturing with present demand for premium flower.”
Chief science officer Jonathan Web page can be retiring and can assume an advisory function to assist with the transition.
Lefler confirmed Sky facility could be wound down on Dec. 18.
Miguel Martin, who was named the brand new CEO in September, mentioned the strikes will assist the corporate.
“This can be a troublesome choice however one we should make for the well being of our complete enterprise,” Martin mentioned in an announcement.
The transfer is a part of the corporate’s work to evolve its operations community with gross sales developments and assist its capacity to fulfill the evolving wants of the patron, he added.
“The operational excellence of Aurora Sky is core to our technique and development ambition, which features a larger give attention to delivering top quality, premium merchandise and innovation led by deeper plant science and genetics experience,” Martin mentioned.
This month’s job cuts are the newest to hit the corporate.
In June, the corporate laid off 700 employees and introduced plans to stop operations at 5 services in Saskatchewan, Ontario, Alberta and Quebec. It additionally mentioned it deliberate to consolidate manufacturing and manufacturing at 4 services in Alberta, Ontario and British Columbia.
The Edmonton-based hashish firm reported that it incurred $3.Three billion in losses in its 2020 fiscal 12 months, together with $1.86 billion in its newest quarter as a result of massive impairment prices.