Marijuana giant Curaleaf will shut down in Oregon and two other states

Marijuana producer Curaleaf announced Thursday it plans to shutter operations in Oregon, California and Colorado as it seeks to shore up its business with $60 million in cost cuts.

Curaleaf also said it will reduce its workforce by about 4% companywide but didn’t comment on the future of its Oregon employees. It said it won’t immediately close its Portland storefront on Northeast Fremont Street.

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