OrganiGram Cutting Its Workforce by Roughly 25%

OrganiGram Cutting Its Workforce by Roughly 25%

Canadian marijuana grower and producer OrganiGram Holdings (NASDAQ: OGI) is downsizing. At the moment, 84 OrganiGram employees have been furloughed. Regarding the new reductions, OrganiGram wrote in the update that "[t]hese decisions are never easy to make, but we are committed to ensuring the Company is appropriately sized relative to market conditions."