Event Brief
East Tennessee Hemp Firm to Lay Off 121 Workers
Filed: May 17, 2026 at 6:00 PM ET
Summary: Greenbean Ventures filed a WARN notice affecting 121 employees across Northeast TN, layoffs starting July 13.
WHO: Greenbean Ventures, LLC (parent of Gold Spectrum CBD); Tennessee Department of Labor and Workforce Development
WHAT: WARN notice filed for layoffs impacting 121 employees at multiple locations
WHEN: May 17, 2026 at 5:06 PM ET
WHERE: Johnson City, TN
WHY: Tennessee is tightening hemp-derived product regulations, and cannabinoid licenses are set to expire June 30.
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