Michigan cannabis company Pincanna cuts jobs

As inevitable as the sun rising in the morning…

PINCONNING TWP, MI – A Michigan marijuana company is temporarily closing one of its operations, resulting in layoffs, the company confirmed late Friday, Jan. 31.

Specific numbers were not immediately available for how many employees would be laid off at Pincanna. The Pinconning Township-based operation has locations in East Lansing, Kalamazoo, Kalkaska and a 135,000-square-foot grow facility in Bay County.

However, company officials said it is temporarily closing the greenhouse portion of its cultivation operation and reducing its workforce.

“We deeply value the contributions of the members of the cultivation team affected by these actions, and we are providing support to help ease their transition,” said Robert Nusbaum, one of the company’s founding partners. “We will resume employment for as many affected team members as possible when the market conditions in Michigan improve.”

How many times have we read this sentence before!

The move, officials said in a statement, comes as the Michigan cannabis industry undergoes a significant transformation “marked by oversupply and persistently low prices.”

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