(Reuters) – Aurora Cannabis on Tuesday announced a new round of staff reductions and plans to shut five facilities over the next two quarters, as the COVID-19 pandemic pummels the cash-crunched cannabis industry. For most marijuana companies in Canada, which legalized recreational cannabis in October 2018, profits have proven elusive due to fewer-than-expected retail stores, […]
Cannabis industry layoffs
What the Cannabis Industry Can Learn from 2019
For anyone outside our industry who was paying close attention toward the end of 2019, the news about layoffs at several cannabis companies may have seemed overly dire. Multiple companies reported a pulling back of their workforce including CannaCroft, Flow Kana, Ease, Emerald Triangle, and WeedMaps. While these weren’t positive headlines for our still booming […]
