Cannabis Producer Canntrust Lays Off 180 Workers After Regulatory Problems

Cannabis Producer Canntrust Lays Off 180 Workers After Regulatory Problems 1

Cannabis Producer Canntrust Lays Off 180 Workers After Regulatory Problems 2
CannTrust Holdings Inc. is laying off about 180 people — about 20 per cent of the Ontario-based cannabis company's workforce — following repeated problems with both its product and how it has been produced. The move is expected to result in annual cash savings of about $9-million, as well as the company recording roughly $2-million in severance costs, the pot producer said. Most of the affected employees were in cultivation and customer service support roles.…

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *