Marijuana giant Acreage cuts 120 jobs, ends deals in light of COVID-19
New York-based Acreage Holdings on Friday announced it is furloughing 122 employees and taking other cost-cutting measures, becoming the latest multistate marijuana operator to slash costs in response to the coronavirus pandemic.
Health Canada revokes Alberta Green Biotech’s cannabis licenses
Canada’s federal cannabis regulator revoked the licenses held by Alberta Green Biotech in March after inspectors observed unspecified noncompliance at its production site, Health Canada told Marijuana Business Daily.