The Globe and Mail reports in its Monday edition that amid sluggish earnings, stagnant demand and an overall market saturation, some of the largest cannabis companies in Canada have spent much of the past two years downsizing and consolidating their operations. The Globe's Vanmala Subramaniam writes that they have done this primarily by closing sprawling greenhouses across the country, which were once a measure of a company's success -- the larger and more technologically advanced a greenhouse was, the more capital a company could attract from investors. It was because of this formula that the recent sector-wide contraction has been disproportionately felt in small towns, where most of the biggest greenhouses are located, and among migrant workers, who many companies hired in large numbers. "Layoffs are happening especially among the larger operators who had overbuilt production capacity and are now shutting down and divesting those assets," said John Kagia, chief knowledge officer at the cannabis research firm New Frontier Data. Indeed, four of the largest cannabis companies -- Canopy, Aurora, Tilray and Hexo -- have shed thousands of jobs since hiring peaked in 2019, mainly because they are now closing greenhouses.