As a result of the cost reduction initiatives undertaken in fiscal 2023, the company intends to close its 1 Hershey Drive facility in Smiths Falls, Ontario, in addition to reducing headcount across the business by approximately 60%, including 800 positions impacted by the changes announced today, of which 40% are impacted immediately. Management expects these cost reduction initiatives will reduce annual Cost of Goods Sold and Selling, General & Administrative expenses by a combined C$140-C$160 million over the next 12 months, bringing the total cost reduction target to C$240-C$310 million inclusive of the reductions announced in April 2022. Canopy Growth continues to progress its U.S. strategy through Canopy USA, and is committed to remaining dual-listed on the TSX and the Nasdaq. Based on our current revenue run rate and these cost reduction initiatives, management reaffirms its expectation to achieve positive Adjusted EBITDA in FY2024, with the exception of investment in BioSteel.