Aurora Cannabis is laying off 700 workers and shutting five facilities as the cannabis industry reels from a capital crunch

Aurora Cannabis is cutting approximately 700 workers and shutting five production facilities, a company spokesperson confirmed to Business Insider.Aurora previously laid off 500 workers in February. For more stories like this, sign up here for our cannabis newsletter Cultivated. Aurora Cannabis on Tuesday announced a new round of layoffs, after the company laid off 500 workers in…

Aurora Cannabis is laying off 700 workers and shutting five facilities as the cannabis industry reels from a capital crunch

Aurora Cannabis is cutting approximately 700 workers and shutting five production facilities, a company spokesperson confirmed to Business Insider.Aurora previously laid off 500 workers in February. For more stories like this, sign up here for our cannabis newsletter Cultivated.

Aurora Cannabis on Tuesday announced a new round of layoffs, after the company laid off 500 workers in February.An Aurora spokesperson confirmed to Business Insider that the layoffs will affect approximately 700 workers or 30% of its total workforce. The company also said it is shutting five cultivation facilities over the next two quarters, in an effort to pare back expenses.Th
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