Canopy Growth Corp to lay off 200 employees

A sign featuring Canopy Growth Corporation's logo is pictured at their facility in Smiths Falls

(Reuters) – Canadian pot producer Canopy Growth Corp <WEED.TO> said on Wednesday it would lay off 200 employees in North America and the UK, according to an internal announcement seen by Reuters.

The layoffs are part of a previously announced restructuring to optimize production.

(Reporting by Bharath Manjesh in Bengaluru; Editing by Vinay Dwivedi)