A cannabis-tech startup backed by a behemoth investment firm let go of about 40 employees in March, Business Insider has learned.
Green Bits, a Silicon Valley-based software platform that provides point-of-sale and retail-management services to cannabis dispensaries in California and other states where the substance is legal, cut the workers on March 9 in an effort to reduce costs."This week, we made the difficult and painful decision to part ways with some of our colleagues.
In December, the company replaced its founding CEO, Ben Curren, with Barry Saik, a tech-industry veteran, and former chief operating officer at HealthTap,
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