EASTHAMPTON — Marijuana grower and retailer Insa has laid off staff in recent weeks, citing numerous challenges from out-of-state competition that did not exist months before, according to Peter Gallagher, CEO and co-founder. “To address these new challenges, we have been focused on implementing important cost-saving measures to align with the new market. It was through this … [Read more...] about Cannabis business Insa lays off workers, citing out-of-state competition
layoffs
‘We’ve Had to Dial Some Things Back’: Mass. Cannabis Company Exec Discusses Layoffs, Crop Contamination
The Massachusetts cannabis company behind Big Papi's foray into the recreational marijuana trade is cutting brand partners to make its operation leaner. While the David Ortiz-backed Papi Cannabis brand is expected to survive, others in the company's vast portfolio — like Slow & Steady — will not. "We've had to dial some things back," Rev Brands Chief Marketing Officer Tom … [Read more...] about ‘We’ve Had to Dial Some Things Back’: Mass. Cannabis Company Exec Discusses Layoffs, Crop Contamination
Will mass layoffs help or hinder the struggling cannabis industry?
Recent mass layoffs in technology, finance and media has prompted some business researchers to argue that widespread job cuts can be counterproductive when it comes to cutting expenses. “Layoffs often do not cut costs, as there are many instances of laid-off employees being hired back as contractors, with companies paying the contracting firm,” Jeffrey Pfeffer, a Stanford … [Read more...] about Will mass layoffs help or hinder the struggling cannabis industry?
Delta 9 laying off staff amid cannabis industry struggles
A Manitoba cannabis company announced it is temporarily laying off about 40 employees in a push to bolster its struggling cultivation and wholesale outfits. Delta 9 said in a news release Monday the move is part of a plan to streamline cultivation operations and capacity at its Winnipeg facilities, as well as reduce company and investor costs. The company said cultivation … [Read more...] about Delta 9 laying off staff amid cannabis industry struggles
Marijuana grow facility in Amado laying off 103 workers
By Kevin Murphy on Green Valley News A medical marijuana grow facility in Amado notified Santa Cruz and Pima counties on Thursday that it is laying off 103 employees. The announcement comes amid reports that medical marijuana sales in Arizona have plummeted as recreational sales spike. Thursday's notice from Nature AZ Medicine is required under the federal WARN Act, which … [Read more...] about Marijuana grow facility in Amado laying off 103 workers
Relax… We’re not talking about the wraps. Dutchie lays off 7% of workforce, citing ‘dramatic market shift,’ in latest cannabis tech company cuts.
Dutchie, a Bend, Ore.-based software startup that serves cannabis retailers, has laid off 7% of its workforce. GeekWire confirmed the cuts with a Dutchie spokesperson. The company employs more than 700 people. The cuts affected roles across product and recruiting teams, according to LinkedIn posts written by laid off employees. “I am saddened, frustrated, and genuinely … [Read more...] about Relax… We’re not talking about the wraps. Dutchie lays off 7% of workforce, citing ‘dramatic market shift,’ in latest cannabis tech company cuts.
