Along With CEO Horvath, 870 Other Jobs Went At Green Growth

Along With CEO Horvath, 870 Other Jobs Went At Green Growth

Cannabis retail giant Green Growth Brands, which abruptly laid off 870 workers last week and told them that plans to sell part of the business could be delayed “until the world begins to resume normalcy,” is trying to reassure investors and former employees that its transition plans are intact. The company temporarily shuttered hundreds of mall kiosks selling CBD products last week and told hundreds of employees that it could not pay them, citing “the collapse of the capital markets for cannabis-related businesses.” However, Green Growth Brands said Monday that its plans to sell the CBD side of the business are still on, though volatile market conditions could delay progress. The kiosks remain closed for now. Read more at Green Growth Brands says laid-off workers will be paid while sale of CBD business continues  

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Source : CANNANNEW REPORT
Link to original : Along With CEO Horvath, 870 Other Jobs Went At Green Growth
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