The Canada-based Aurora Cannabis is officially downsizing its workforce in Europe despite medical cannabis sales in Europe experiencing double-digit growth in 2019. Aurora Executives cite that the markets there were not aligned with the expectations which are regularly publicized immaterial business transactions to excite investors. However, the company says it remains committed to producing medical marijuana in both Denmark and Germany. According to the business transformation plan announced last February, “Aurora has undertaken a thorough analysis of our international operations to better align to current market conditions”. The latest cuts occur after the wake of the company its workforce by 500 in February and another 700 jobs in June.
– Marijuana Business Daily, 07/20/2020 2:50:28 PM
Open article: https://mjbizdaily.com/aurora-cannabis-committed-to-german-domestic-grow-despite-more-downsizing/