Cannabis Company Unrivaled Brands Fires 150 Employees On A Path To Profitability

Unrivaled Brands, Inc. (OTCQX: UNRV) provided a corporate update related to its 100-day turnaround plan and strategic restructuring to reduce costs, drive efficiency, and identify a path to profitable growth.

Eric Baum, chairman of the board of Unrivaled Brands, stated, “In the company’s initial communications to shareholders in May, we indicated our immediate focus was on our 100-day plan to stabilize operations, protect our performing assets, create a sustainable debt position, and put us on a path to profitability in an increasingly challenging industry and troubled California market. I am pleased to announce …

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