Coronavirus hasn’t kept some cannabis companies down: They’re staffing up even as unemployment in many other sectors soars
Wolfberg is mourning the loss of the career that she spent the past decade building: “Everything that I worked for was gone,” she said.
Another major retailer, MedMen, recently shuttered five of its Florida stores without explanation as it struggles with financial problems. Many big cannabis companies were hurting for cash even prior to the pandemic, because cannabis stock prices collapsed over the last year. Several states that have legalized medical or recreational markets are still rolling out their programs.
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