Moncton-based cannabis producer Organigram has laid off 400 employees, about 45 per cent of its workforce, as a result of the pandemic. Organigram CEO Greg Engel said in a news release the company has enough inventory to continue to meet demand in the short term. (CBC)Bruce Winder, a retail expert with Retail Advisors Network in Toronto, said many expected the cannabis industry would do well during the pandemic with so many people home-bound. Winder said even before the COVID-19 outbreak hit, the cannabis industry was already facing "significant headwinds" with issues around price point, product assortment and quality. Winder said he believes the larger players in Canada's cannabis industry, including Organigram, will rebound and thrive after the pandemic ends.

Source: CBC News April 07, 2020 20:55 UTC