Cannabis companies have been hit with a wave of layoffs, amounting to over 1,800 jobs lost across both startups and public companies.
The job cuts come amid a broader downturn in the sector. One index of marijuana stocks lost about 50% of its value in 2019.
On the private side, a tight funding environment has made it difficult for growth-stage cannabis startups to raise capital.
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The once red-hot...
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