Cannabis Layoffs

Curaleaf Holdings Inc (OTC: CURLF), a cannabis multistate operator (MSO), recently laid off 49 workers at its Winslow, New Jersey production facility. The company stated that while the demand in the Garden State is high, the limited number of dispensaries results in lower-than-anticipated supply...

This year was a rollercoaster ride for the cannabis industry, which had its fair share of highs and lows. There were legalization breakthroughs, while various cannabis companies enforced massive layoffs. However, there were also those that did quite a bit of...

The trend of layoffs in the cannabis industry, which started in 2019, has done nothing but accelerate in 2020 with: Medmen Enterprises Inc (OTC: MMNFF) cutting more than 40% of its workforce; Pasha Brands reducing its team by 24%; Zenabis Global Inc (OTC: ZBISF) terminating 40 people (about 10% of...