Think you may have to lay off cannabis employees? There are ways to avoid it

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(This
is
an
abridged
version
of
a
story
that
appears
in
the
January
issue
of 
Marijuana
Business
Magazine
.)

Marijuana
businesses
in
the
United
States
and
Canada
were
forced
to
let
go
hundreds
of
workers
in
the
second
half
of
2019.

The
job
cuts
were
not
limited
to
small
businesses
or
a
specific
sector
of
the
industry,
as
downsizing
occurred
at
such
companies
as multistate
operator
MedMen,
advertising
website
Weedmaps
and
large
Canadian
producers
Hexo
Corp.
and
CannTrust.

The
reasons
for
downsizing
were
different
for
each
company,
though
slow
rollouts
in
multiple
markets
as
well
as
an
inability
to
find
outside
funding
were
common
explanations
for
the
2019
layoffs.

With
more
job
cuts
expected
in
2020,
Marijuana
Business
Magazine
spoke
with
industry
stakeholders
to
compile
some
strategies
that
cannabis 
companies
should
consider
before
they
take
the
step
of
laying
off
employees:

A
quick
look
at
job
cuts
among
U.S.
and
Canadian
cannabis
companies
in
2019
is

available
here
.

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