All Curaleaf Cannabis Dispensaries In New Jersey Unionized As Members Of UFCW
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United Food and Commercial Workers (UFCW) Local 360 has announced that all of Curaleaf's (OTCQX:CURLF) New Jersey retail locations have been unionized. This includes the company's dispensaries in Edgewater, Bellmawr, and Bordentown. UFCW has been actively unionizing the cannabis industry, with recent activities including unionizing workers at Acreage Holdings’ The Botanist (OTCQX:ACRDF) (OTCQX:ACRHF) dispensaries.
June 30, 2023 | 2:28 pm
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NEUTRAL IMPACT
Workers at Acreage Holdings’ The Botanist dispensaries in New Jersey have ratified a bargaining agreement with their employer.
The ratification of a bargaining agreement by workers at Acreage Holdings’ The Botanist dispensaries in New Jersey could potentially lead to increased labor costs for the company. However, it could also lead to improved employee relations and productivity. The net impact on the company's stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Workers at Acreage Holdings’ The Botanist dispensaries in New Jersey have ratified a bargaining agreement with their employer.
The ratification of a bargaining agreement by workers at Acreage Holdings’ The Botanist dispensaries in New Jersey could potentially lead to increased labor costs for the company. However, it could also lead to improved employee relations and productivity. The net impact on the company's stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Curaleaf's New Jersey retail locations have been unionized by UFCW Local 360.
The unionization of Curaleaf's New Jersey retail locations by UFCW Local 360 could potentially lead to increased labor costs for the company. However, it could also lead to improved employee relations and productivity. The net impact on the company's stock price is uncertain.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100