Calypso Enterprises laid off 55 workers at its Erie medical cannabis grow and processing facility, the company confirmed to Erie News Now in a statement Friday. The layoffs, which impact 75 percent of the employees, are effective immediately.
"I'm very disappointed. We had heard things weren't going very well. We had been trying for about the last year to try and help them out with some legislation I had introduced," State Rep. Pat Harkins, a supporter of medical cannabis, told Erie News Now.
Harkins says local growers are suffering because dispensaries are outsourcing their product from elsewhere. "It comes down to an out-of-state group of growers trying to dominate the market, and obviously, we see today they're forcing out our local growers. We've got to do something to help them out in the long run," he said.
The company blamed "a number of precipitating events" which required the reductions. Calypso is among a small number of independent permit holders in the Pennsylvania medical cannabis program, and it has seen significant market pressure as a result, causing it to scale back operations from August 2021, the company said.
To read the complete article, go to www.erienewsnow.com
"Local growers are suffering"
US: Pennsylvania medical cannabis company lays off 55 workers at facility
Publication date:
Receive the daily newsletter in your email for free | Click here
Other news in this sector:
- 2023-09-27 Developer of cultivation systems declared bankrupt
- 2023-09-27 US: N.Y. cannabis industry business creates charity to give back to community
- 2023-09-26 Making sustainable choices in horticulture
- 2023-09-26 Ridder celebrates 70 years
- 2023-09-21 US (CA): LEEF Brands acquires 1,900 acre ranch to grow cannabis
- 2023-09-21 Cornbread Hemp acquires manufacturing partner, reduces prices
- 2023-09-21 AgSafe launches new suicide prevention program in support of B.C.’s agricultural community
- 2023-09-21 Cannabis entrepreneur says he was deceived in merger deal
- 2023-09-20 Columbia Care changes name to The Cannabist Company
- 2023-09-20 Portugal: GreenBe Pharma obtains authorization to cultivate medical cannabis
- 2023-09-20 BZAM lays off over 90 in final phase of merger
- 2023-09-20 Developer of mobile data centers next to greenhouse declared bankrupt
- 2023-09-19 “This investment will allow us to further develop our technology and expand our global footprint”
- 2023-09-19 Open day at Van der Valk Systemen to mark 60th anniversary
- 2023-09-18 Entourage Health amends supply agreement with Hexo after acquisition by Tilray
- 2023-09-15 "How flexible can you be when you can only adjust intensity?"
- 2023-09-15 The Arcview Group and CannabizTeam form strategic partnership
- 2023-09-15 Canopy Growth’s BioSteel sports drink files for bankruptcy as cannabis firm looks to save cash
- 2023-09-14 Noah Dramm Becker joins Dramm as marketing and sales associate
- 2023-09-13 Meteor Systems opens new facility in Mexico