LeafLink Lays Off 80 Workers Days Before Christmas

The layoffs account for 29% of LeafLink's staff.

New York-based cannabis tech company LeafLink laid off 80 employees this week, or roughly 29% of its staff, according to MJBizDaily.

“Unfortunately, as the cannabis industry continues to face headwinds and the current macroeconomic environment, we needed to take the next step in our evolution to continue supporting the industry,” a LeafLink spokesperson told MJBizDaily.

LeafLink is far from the only company in the marijuana trade to cut staff in recent months. The trend began earlier this year and has snowballed as the broader economy has tightened, with consumers cutting spending and many companies chopping headcounts as either a precautionary measure or in direct response to falling revenues.

Massachusetts-based Curaleaf laid off 220 employees in November, California-based Weedmaps laid off a quarter of its staff earlier this month, and Florida-based Trulieve laid off several employees last month.

Even that list is just a portion of the layoffs:

John Schroyer

John Schroyer has been a reporter since 2006, initially with a focus on politics, and covered the 2012 Colorado campaign to legalize marijuana. He has written about the cannabis industry specifically since 2014, after being on hand for the first-ever legal cannabis sales on New Year’s Day that year in Denver. John has covered subsequent marijuana market launches in California and Illinois, has written about every aspect of the marijuana trade, and was part of the team that built the cannabis industry’s first-ever trade show, MJBizCon. He joined Green Market Report in 2022.

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