Labor Judge Orders Massachusetts Dispensary to Negotiate with Union Despite Election Loss
A federal judge ruled in favor of the United Food and Commercial Workers Union (UFCW) in Massachusetts, ordering cannabis retailer I.N.S.A. Inc. to negotiate with the union despite losing an election last year.
The judge’s decision is based on the illegal termination of pro-union employees and the application of a new pro-union standard from the National Labor Relations Board (NLRB).
This ruling sets a precedent that allows unions to represent workers even if they lose elections, as long as there are unfair labor practices by the employer. It may face appeals and potentially reach the U.S. Supreme Court, as reported by John Schroyer for Green Market Report.
Lawsuit Accuses Arkansas Law Firm of Medical Marijuana Misconduct
A lawsuit alleges misconduct by Arkansas law firm Steel, Wright, Gray in obtaining medical marijuana dispensary licenses in 2019. Local owners claim they lacked control over their businesses, with out-of-state companies profiting, according to local media reports.
SEC Files Lawsuit Against Former Tree of Knowledge CEO for Fraudulent PPE Pivot
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Michael Caridi, the former CEO of Tree of Knowledge (TOKI:OTC) (TOKIF:OTCEM), regarding fraudulent activities related to the personal protective equipment (PPE) supply chain during the COVID-19 pandemic.
Caridi’s company reached a settlement after defrauding a Canadian hospital of $13 million for undelivered N95 masks, according to Bloomberg Law.
The lawsuit alleges that Caridi diverted funds for personal use and issued false press releases that artificially raised stock prices, leading to significant losses for TOK Entities.
The SEC is seeking penalties, a ban on penny stock trading, and the repayment of the ill-gotten gains from the hospital deal.