Cannabis Workers Will Unionize In Oregon If Ballot Measure Is Approved In November Elections
Portfolio Pulse from Jelena Martinovic
An initiative to enable easier unionization in the Oregon cannabis industry will appear on the November ballot. The measure, supported by UFCW Local 555, aims to protect cannabis workers' rights to organize and bargain collectively. Meanwhile, Cresco Labs Inc. has seen workers at its facilities in Illinois and Massachusetts vote to leave their union.
August 09, 2024 | 5:29 pm
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Cresco Labs Inc. is experiencing a trend of de-unionization among its workers, with recent votes at its Illinois and Massachusetts facilities to leave the union.
The trend of de-unionization at Cresco Labs' facilities could indicate labor instability and potential operational disruptions, negatively impacting short-term stock performance.
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