Cannabis Company to Close Denver Facility, Cut 141 Jobs
The closure follows a wholesale cannabis price collapse, with Colorado flower averaging $575 a pound, according to state revenue data.
6 Articles
6 Articles
Native Roots to close its marijuana growhouse in Denver
Two indoor producers raising two very different products informed the state on Aug. 3 that they will be ending their operations, the latest sign of how tough indoor growing operations have become.
Major Colorado cannabis chain cuts 141 jobs at plant after selling its dispensaries
Native Roots, one of the longest-running and most well known marijuana chains in Colorado, is shuttering its plant facility in Denver and has sold its retail locations to an investor. The plant closure at 4990 Dahlia St. will affect 141 workers, the company said in a letter filed with the state on Monday as required […]
Native Roots to stop growing after shedding dispensaries
The company, founded in 2009, is shuttering a 173,000-square-foot facility and laying off 141 workers, including its CEO. The post Native Roots to stop growing after shedding dispensaries appeared first on BusinessDen.
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