Acreage operates one of the largest vertically integrated, multi-state cannabis companies in the U.S.

One Of U.S. Largest Cannabis Brands Lays Off 122 Employees

One Of U.S. Largest Cannabis Brands Lays Off 122 Employees

On Friday, April 3, Acreage Holdings Inc. announced that COVID-19 has forced lay offs and closures, including 122 employees.

Acreage has temporarily laid off 122 employees and temporarily stopped various operations in several states, including a dispensary in Maryland, a dispensary in North Dakota, wholesale operations in Iowa, as well as Form Factory operations in California, Oregon, and Washington. Acreage’s Queens, New York medical dispensary has been converted into a delivery hub.

Acreage operates one of the largest, vertically integrated, multi-state cannabis companies in the U.S.

Acreage states, in a press release dated April 3 2020, “a series of operational updates and strategic business decisions related to the significant impact of the COVID-19 pandemic and other uncontrollable factors that have greatly shifted the cannabis landscape” are responsible for these changes.

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