Series of Major Layoffs Hits California Cannabis Industry

As 2019 comes to an uneasy close in California, the major headlines spinning around the state's cannabis industry are bleak. Top tax brass in Sacramento announced an abrupt rate increase (effective Jan. 1, 2020), and the vaping-relating lung illness narrative continues to dominate the conversation among businesses and consumers. To make matters worse, several highly visible California cannabis companies have announced a startling series of layoffs. The job loss news has been building steadily t...