Wayland Group, an Ontario-based cannabis company, said it had 26 departures in December across multiple departments. The company revealed the exits in its monthly progress report released on January 7.

The departures come after a difficult year for Wayland Group and other cannabis companies, which have faced a downturn in the sector in recent months.

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A Canadian cannabis company just revealed that it's losing workers as it pursues a restructuring in the troubled industry.

Wayland Group said it lost 26 workers in December in areas including operations, quality assurance, engineering, human resources, finance, and IT departments. It's not clear if the departures were voluntary, and the company didn't respond to requests for comment from Business Insider.

The announcement comes after a difficult year for the company, which grows and processes cannabis. The company has seen a steep decline in its stock prices over the past few months and said in December it was seeking protection from creditors to pursue a restructuring. The company received court approval for financing to help in the process.

In its January report, the company said it was "primarily focused on existing business relationships and strengthening the operations team."

Business Insider previously reported that other cannabis companies, from startups to public companies, had cut over 1,000 jobs in the industry as of 2019. The Marijuana Index, a composite of cannabis and cannabis-related stocks in the US and Canada, has lost more than 50% of its value since January 2018.

Jeremy Berke contributed reporting.