Organigram announced 25% cuts to its staff, laying off roughly 220 employees, and announced it would maintain low production levels “for the foreseeable future.”
Financial Post, CBC New Brunswick
- The company also predicted a drop in net revenue for Q3 2020.
Global News - Organigram is left with 609 employees, including 84 staff who were among the 400 employees Organigram temporarily laid off in April. Most of the workers laid off this week had among the 400 temporary layoffs.
CTV News, MJ Biz Daily, CBC New Brunswick
The company said it’s focused on “bringing new cultivars to market” and increasing THC content and “terpene [profiles]” to create more competitive dry flower products.
MJ Biz Daily
- Health Canada confirmed it was the reason Organigram recently modified the name and logo for its Trailer Park Buds REC products.
MJ Biz Daily, Press Release
