‘It’s Going to Hurt’: Canada’s Cannabis Industry Struggles to Find Footing in Age of COVID-19

Article by David Yasvinski, Regine Leader-Post

Small BusinessNewsLegislationLegalizationInvestingBusiness ‘It’s going to hurt’: Canada’s cannabis industry struggles to find footing in age of COVID-19 Marijuana manufacturing jobs down one-third since start of year. Author of the article:David Yasvinski The dismal numbers have been fuelled by substantial layoffs in the hard-hit industry. PHOTO BY MARTIN OUELLET-DIOTTE/AFP VIA GETTY IMAGES Article Sidebar Share TRENDING ‘Abuse, harassment and outright disrespect’: Family forced off WestJet flight for not masking their 19-month-old Jordan Reaves still stinging from comments by some Saskatchewan Roughriders' fans Saskatchewan spent less than half of its emergency worker pay fund End of an era for Brandon Wheat Kings Why the world’s resource king is so interested in Saskatchewan — podcast Article content Canada’s economy added 245,800 jobs in August but the cannabis industry remains on shaky ground.

Canada’s economy added 245,800 jobs in August but the cannabis industry remains on shaky ground.

The country’s cannabis product manufacturing sector lost one-third of its jobs from the beginning of the year, according to Statistics Canada, a reduction from 3,483 positions in January to 2,282 in June. The dismal numbers have been fuelled by substantial layoffs in the hard-hit industry, including the hundreds that were announced by Canopy Growth a few months ago. The company is reportedly bracing for another round of cuts.

Read the full article here.

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