Cannabis Workers Union Getting Loud About Employee Death, GTI Must Address Safety Concerns
Portfolio Pulse from Nina Zdinjak
The Teamsters Union has issued a statement calling on Green Thumb Industries (OTCQX:GTBIF) to address safety concerns following the death of an employee at its cultivation and manufacturing facility. The union has previously filed unfair labor practice charges against GTI, and employees have lodged at least five complaints with the Occupational Safety and Health Administration (OSHA) alleging serious safety and health violations. The union also accuses GTI of violating federal law during a union organizing drive in 2021.
July 18, 2023 | 5:25 pm
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NEGATIVE IMPACT
Green Thumb Industries is facing serious allegations of safety violations and labor issues, which could negatively impact its reputation and potentially its stock price.
The news of an employee's death, coupled with allegations of safety violations and labor issues, could negatively impact Green Thumb Industries' reputation. This could lead to a decrease in investor confidence, potentially affecting the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100