Teamsters Unite Marijuana Workers Who Want Fair Share Of Missouri's $1B Weed Revenue
Portfolio Pulse from Nina Zdinjak
Workers at Home State Dispensary in Missouri have voted to join Teamsters Local 955, marking the first group of cannabis workers in the Kansas City metropolitan area to unionize. The Missouri cannabis industry is projected to gross over $1 billion in revenue this year. The International Brotherhood of Teamsters and the United Food and Commercial Workers Union (UFCW) have been actively engaging with cannabis industry workers across the U.S. Recent unionization efforts have been successful within companies like Ayr Wellness, Cannabist Company Holdings, Cresco Labs Stock, Grassdoor, and Verano Holdings Corp.
November 02, 2023 | 1:14 pm
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Ayr Wellness, a cannabis company, has recently seen successful unionization efforts.
The news of unionization in the cannabis industry could lead to increased labor costs for Ayr Wellness. However, it could also lead to improved worker satisfaction and productivity. The net impact on the stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Cannabist Company Holdings has recently seen successful unionization efforts.
The news of unionization in the cannabis industry could lead to increased labor costs for Cannabist Company Holdings. However, it could also lead to improved worker satisfaction and productivity. The net impact on the stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Cresco Labs Stock has recently seen successful unionization efforts.
The news of unionization in the cannabis industry could lead to increased labor costs for Cresco Labs Stock. However, it could also lead to improved worker satisfaction and productivity. The net impact on the stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
Verano Holdings Corp has recently seen successful unionization efforts.
The news of unionization in the cannabis industry could lead to increased labor costs for Verano Holdings Corp. However, it could also lead to improved worker satisfaction and productivity. The net impact on the stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50