Weedmaps Lay Off 25% of Workforce, Leafly Freezes Hiring & Cuts Non Essential Travel

Both Weedmaps and Leafly are feeling the pressure …

The Daily Democrat reports…..Two months after online cannabis directory Weedmaps promised it would stop listing illicit marijuana businesses, the Irvine-based company has laid off 25% of its workforce.
More than 100 people across the country, from a writer in Orange County to a policy expert in Massachusetts, were affected by the recent cuts.
“Today was my toughest day during my tenure as CEO,” wrote Weedmaps’ leader, Chris Beals, on Twitter as he announced the cuts.
Beals declined to discuss if, or how, the layoffs were connected to the financial hit that Weedmaps presumably faces if it follows through on a promise to drop hundreds of unlicensed advertisers from its site by the end of the year.
Read full article: https://www.dailydemocrat.com/2019/10/29/weedmaps-facing-pressure-to-work-only-with-legal-cannabis-shops-lays-off-a-quarter-of-its-workforce/
and over at Leafly also

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