‘Epidemic’ Of Layoffs In California Marijuana Industry

Klow Kana’s CEO faults the state for it’s inaction

Flow Kana, which bills itself as “California’s No. 1 selling cannabis flower brand,” is cutting up to a fifth of its workforce and its chief executive is faulting the state for failing legal marijuana companies.

The company, which is based in California’s Emerald Triangle — Humboldt, Mendocino and Trinity Counties — is cutting “non-core” staff, CEO Mikey Steinmetz said. He did not disclose a specific number of layoffs.

“It was one of the toughest decisions that I’ve ever had to make,” he said.

Flow Kana isn’t the only cannabis company forced to make cuts. In recent weeks, companies like Eaze and Weedmaps have also laid off part of their workforce.

“It almost feels like an epidemic of companies of similar size going through similar processes,” Steinmetz said.

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