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Tuesday, September 06, 2022 9:23:14 AM
But more than two years later, amid rising inflation and fears of a recession, North American cannabis companies are cutting hundreds of jobs, closing retail outlets and cultivation facilities or shuttering altogether.
The cannabis industry mirrors mainstream companies that experienced similar demand and now are struggling to rightsize their businesses, High Times correspondent Bonno writes.
The cannabis industry layoffs and retrenchment have affected plant-touching companies large and small as well as tech businesses such as Akerna of Colorado and Dutchie of Oregon.
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