More pain in store for Canadian marijuana companies after Aurora Cannabis, Tilray cut jobs

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इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Investors are bracing for more job cuts and writedowns at Canadian cannabis prod...

) rapidly expanded at home and overseas as capital flooded into the industry before legalization.

Lack of profitability is common in new industries, but a prolonged period of higher cash burn unnerves investors. An Aurora spokeswoman said the company was making “aggressive changes” because its previous cost structure was “misaligned with the current market conditions”. The cuts and existing financing will cover costs until it sees profits, she said.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Charas becho Canadian government ke jaisa.

I want 🤨

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 2. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Aurora CEO Terry Booth steps down, company cuts 500 roles - Business InsiderThe CEO of cannabis giant Aurora just stepped down and the company is cutting 500 jobs as turmoil hits the industry Every business has its highs. And then on the other end.... Imagine losing money selling drugs. Round 2.
स्रोत: BusinessInsider - 🏆 729. / 51 और पढो »

Turmoil in the cannabis business has claimed another CEOAnother cannabis giant is shedding jobs, expenses and its CEO amid industry headwinds. Aurora Cannabis, a Canadian cannabis company that invested heavily in global expansion, announced late Thursday a comprehensive 'reset' of the firm.
स्रोत: CNN - 🏆 4. / 95 और पढो »