Cannabis Industry Faces Layoffs Amid Recent Struggles

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The cannabis industry has been left reeling recently after major players in the space announced large workforce reductions. The layoffs came amid slow retail rollouts, industry scandals and poor quarterly results, which have weighed down the beleaguered sector. Last Thursday (October 24) saw downsizes from both HEXO (NYSE: HEXO ,TSX:HEXO) and CannTrust Holdings (NYSE: CTST ,TSX:TRST).

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