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Marijuana giant Acreage cuts 120 jobs, ends deals in light of COVID-19

Marijuana giant Acreage cuts 120 jobs, ends deals in light of COVID-19

April 3, 2020

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.

As part of its efforts, Acreage also disclosed in a news release the resignation of a top executive and announced it is:

Acreage CEO and Chair Kevin Murphy said that, as “result of the COVID-19 pandemic, we have made the very difficult decision to furlough several of our employees and close certain facilities while we navigate through the crisis.”

Marijuana giant Acreage cuts 120 jobs, ends deals in light of COVID-19

Marijuana giant Acreage cuts 120 jobs, ends deals in light of COVID-19






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