Americans are expected to spend more on cannabis than cookouts this July 4, according to global compliance technology company Akerna. The company anticipates an 87% increase in cannabis sales above daily averages over the holiday weekend. “For the first time in the past five years, July 4 falls on a …
Read More »Aurora Cannabis plans more layoffs, facility closings amid industry turmoil
(Reuters) – Aurora Cannabis (ACB.TO) (ACB.N) announced a new round of staff cuts on Tuesday and plans to close five facilities in the next two quarters as the COVID-19 pandemic strikes the cannabis industry. FILE PHOTO: The logo for Aurora Cannabis Inc., a Canadian licensed cannabis producer, is displayed on …
Read More »Aurora Cannabis announces layoffs and closings of facilities
Cannabis Aurora (ACB) – Get report Shares rose Tuesday when the marijuana company announced it would lay off about 700 workers, close five production facilities and charge $ 60 million for the quarter ending June 30. Regarding the layoffs, Aurora said in a statement that there will be “an approximate …
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