Workers at five Sunnyside Dispensaries — a subsidiary of multi-state cannabis operator Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) (FSE: 6CQ) — have reached tentative agreements for first union contracts with Teamsters Local 777.
Why It Matters
The contracts at the Illinois dispensaries in Elmwood Park, South Beloit, Schaumburg, Rockford and Buffalo Grove, contain significant improvements, including:
An end to at-will employment and the right to representation during disciplinary matters scheduling based on seniority, a successorship clause if the dispensary is sold, paid meal and rest breaks, paid time off, paid holidays and 15% wage increases over the agreement's lifetime.
"The Teamsters are protecting and raising standards for workers in the cannabis industry," Jim Glimco, Local 777 president said. "I attribute this incredible success to the dedication, bravery and ...