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Cronos Group to begin winding down, exiting US hemp-derived CBD operations by end of Q2 2023; company to invest in R&D, product development in Canada in a manner that will prepare it for potential launch of a nationwide THC market in the US
Published: May 31, 2023 by Canada StockWatch
Austria-based Constantia Flexibles, Germany-based All4Labels and Netherlands-based Weener Plastics may be sold, as the packaging sector is entering a phase of restructuring and consolidation, German paper Handelsblatt reports
Published: May 31, 2023 by SeeNews Deals
Eniyud Community Forest in Williams Lake, British Columbia becomes limited partnership; ECF was formed in 2007 by Tsi Del Del First Nation and Tatla Resource Assn., and becoming an LP has tax advantages, provides liability protection for the partners
Published: May 30, 2023 by Williams Lake Tribune (BC)
Gap's Q1 net sales fall 6% year-over-year to US$3.28B --declining less than last year-- amid restructuring efforts, easing supply chain costs; all four brands saw decline in sales as company struggles to update its inventory, match consumer trends
Published: May 25, 2023 by Reuters
Nampak is preparing to undertake a rigorous cost reduction program, business remodeling and significant reduction in net working capital, says interim CEO; company plans to merge BevCan and DivFood divisions into one entity, slash jobs, freeze salaries
Published: May 25, 2023 by Business Day (South Africa)

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