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benzinga

Benzinga: Cannabis Layoffs Will Likely Continue As Market Stabilizes

Thousands in the cannabis industry have lost their jobs on the heels of the COVID-19 pandemic. Canopy Growth Corp. CGC 1.32% (TSE: WEED) and Aurora Cannabis Inc. ACB 2.99% (TSE: ACB) announced layoffs and office closures, respectively. Startups Flowr and Leafly also blamed coronavirus fears for their job cuts. Some cannabis companies, such as Wana Brands, have begun rehiring furloughed employees. However, job reductions appear to… read more

Benzinga: Why Partnerships Are The Lifeblood Of The Cannabis Industry

Given the capital challenges cannabis companies face in scaling up their businesses in the U.S. and Canada, partnerships can be a critical part of the equation. At the Benzinga Cannabis Capital Conference Monday in Miami Beach, several business leaders within the cannabis space discussed their strategies and success stories establishing mutually beneficial partnerships. One of the advantages… read more

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