“Curaleaf is phasing out cultivation at our Bellmawr, New Jersey location to meet current business needs, and will utilize that location for other operations at this time,” the statement noted.
“This allows us to consolidate our production of key platforms with our Winslow facility and will streamline processes to increase output.
“Winslow has the capacity to support New Jersey’s overall market demand.”
The marijuana industry has been streamlining operations and laying off hundreds of workers in the past year in response to challenging capital markets, compressed wholesale prices and slowing sales growth in some markets.
Curaleaf cut 220 employees in Massachusetts in November and 50 in California after shuttering its Sacramento cultivation facility in August.
The company did not confirm how many jobs would be affected by the Bellmawr facility closure.