Jobs
US Cannabis Jobs Could Approach 300,000 in 2020
US Cannabis Jobs Could Approach 300,000 in 2020

The number of full-time equivalent (FTE) U.S. cannabis industry jobs could reach nearly 300,000, according to new figures from the 2020 Marijuana Business Factbook. Published by Marijuana Business Daily, a trade publication covering the cannabis industry, the Factbook includes information on industry trends as well as financial and operational data for cultivators, manufacturers and retailers.

Canopy Growth Continues Retrenchment, Cuts 85 More Jobs
Canopy Growth Continues Retrenchment, Cuts 85 More Jobs

In a continued effort to conserve cash, Canada’s Canopy Growth Corporation is trimming back its operations via the closure of several international locations. In a press release issued last Thursday, the vertically-integrated cannabis firm said it would shutter an indoor cultivation facility in Canada and halt hemp farming at a 1,000-acre site in Springfield, New York.

Eyeing Profitability, MedMen Slashes 190 Jobs
Eyeing Profitability, MedMen Slashes 190 Jobs

In a drastic attempt to lower costs and boost profitability, embattled multi-state marijuana company MedMen will lay off 190 employees and sell its stake in a cannabis real estate investment trust (REIT), among other right-sizing maneuvers.

© 2020 THCNET®. All rights reserved.