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These article content are supposed for informational and academic uses only and shouldn't be construed as investment assistance. Innerly is often a news aggregation associate to the content material presented here.

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The folding of Green Dragon follows the business’s 2021 merger with Eaze Technologies, Inc. — a cannabis tech company once valued at $seven-hundred million — but Eaze’s property were being acquired at auction in August, and the corporation’s CEO Cory Azzalino announced some weeks back that the corporation will “wind down operations” by the tip of your 12 months with layoffs coming for nearly 500 staff.

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