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Portfolio Pulse from Vuk Zdinjak
Teamsters Local 777 has successfully negotiated collective bargaining agreements for workers at Verilife dispensaries in Illinois, owned by PharmaCann, providing a 20% wage increase, additional full-time positions, and employer-funded retirement contributions. However, Green Thumb Industries Inc. (OTCQX: GTBIF) faced an unfair labor practice strike after demanding workers remove pro-union buttons, resulting in 10 charges of unfair labor practices.
May 19, 2023 | 8:12 pm
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Green Thumb Industries faces 10 charges of unfair labor practices after demanding workers remove pro-union buttons, leading to a 13-day strike.
Green Thumb Industries' actions have led to a 13-day strike and 10 charges of unfair labor practices, which could negatively impact the company's reputation and potentially affect its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80