United Food & Commercial Workers Local 881 Archives - Green Market Report

StaffSeptember 25, 2023


The Daily Hit is a recap of the top financial news stories for Sept. 25, 2023.

On the Site

Labor Judge Rules Dispensary Must Bargain with Union Despite Election Loss

A federal administrative law judge handed a significant victory to the United Food and Commercial Workers Union in a ruling last week when it ordered a Massachusetts dispensary to negotiate with the union despite the fact that the UFCW lost an election last year to represent the company’s staff. Read more here.

Judge Says Hacienda’s Bankruptcy Case Can Stand

While the banking challenge has been front and center for cannabis companies, bankruptcy court has been another. Due to the federal illegality of cannabis, access to traditional bankruptcy methods and courts has been off-limits. However, the tide may be turning for cannabis companies that find themselves unable to pay their debts. Read more here.

States Reel Amid Cannabis Regulatory Turbulence

The balancing act of overseeing industries once under the grips of an entire government-sanctioned drug war is already a tiring bite to chew. Now, curious developments in Massachusetts and Minnesota have placed state officials under scrutiny over their respective cannabis regulation roles. Read more here.

SEC Sues Disgraced Tree of Knowledge CEO Over Fraudulent Pivot

The U.S. Securities and Exchange Commission has filed suit against a disgraced former CEO of Washington state-based Tree of Knowledge (OTC: TOKI) (CSE: TOKIF), who led his company into millions of dollars of debt over a fraudulent “pivot” in 2020 to the personal protective equipment supply chain at the outset of the COVID pandemic. Read more here.

2023 Notable Leaders in Cannabis: Luna Stower

As a cannabis executive and educator, Luna Stower has been instrumental in building and scaling dozens of cannabis brands. Raised and based in the Bay Area, Stower advocates for social justice in the industry through government relations and give-back campaigns. Read more here.

Related: 2023 Notable Leaders in Cannabis

In Other News

New Jersey

As New Jersey’s legalized cannabis marketplace enters its next phase of growth, regulators are introducing guidelines for the rollout of cannabis-infused edible products and regulations for medical-based ventures seeking to participate in clinical research, as well as opening up three additional classes of business licenses. Read more here.


Some potential cannabis businesses are criticizing the tight turnaround to obtain new licenses to grow, process or distribute marijuana, after the Maryland Cannabis Administration announced applications will open on Nov. 13, with distribution set to start just six weeks later on Jan. 1. Read more here.


If signed into law, California’s AB 1207 would make it illegal to use cartoons or depictions of animals and most plants and vegetables on cannabis packaging and advertising. However, the state’s cannabis industry says the bill is written so broadly that it blocks far more than just advertising that appeals to children. Read more here.

StaffDecember 7, 2022


The Daily Hit is a recap of cannabis business news for Dec. 7, 2022.


NLRB: Curaleaf Violated Labor Law by Refusing to Bargain with Union

Curaleaf Holdings Inc. (CSE: CURA) (OTCQX: CURLF) violated labor law by refusing to bargain with unionized workers at its Chicago location, the U.S. National Labor Relations Board ruled Tuesday. A three-member panel said that the company, GHG Management LLC, which oversees Windy City Cannabis and Curaleaf Weed Street, must recognize and bargain with workers within 21 days of receiving the notice from the NLRB. Read more here.

Analysts Try to Stay Hopeful on SAFE Act

The cannabis banking bill, the SAFE Act, did not make it into the defense bill despite efforts by Sen. Chuck Schumer. Now attention is turning to possible inclusion in the appropriations bill, but even that might not happen. More disappointing for the cannabis industry: comments by minority leader Sen. Mitch Mcconnell tagging the banking legislation as a “pet priority.” Read more here.

Cannabis Wholesale Numbers Keep Trending Down

Much of the U.S. cannabis wholesale market has been crashing this year, and that trend doesn’t appear to be reversing, according to the latest Cannabis Benchmarks report from Friday. The U.S. Cannabis Spot Index reported that wholesale prices reached a new low for 2022 of $955 per pound, down from $1,310 per pound a year ago. Read more here.

Illinois Governor Opens Door to Cannabis Delivery

Gov. J.B. Pritzker says cannabis delivery, which is currently illegal in Illinois but offered in other states, is an idea worth considering. Delivery services are legal in states such as Michigan, Florida, California, Maryland, Nevada and others. Uber Eats recently began delivery in Toronto. Read more here.

Massachusetts Pivots to Allow Some Pesticide Use by Cannabis Growers

Massachusetts authorities changed their minds when it comes to pesticide use in the marijuana industry and will allow pest-fighting chemicals that are approved for use on hemp and tobacco. The move reverses a previous ban on all non-organic pesticide use by cannabis farmers in the state. Read more here.



Petalfast, a route-through-market platform for the cannabis industry, announced its partnership with Eagle Eyes Transport Solutions, LLC, Massachusetts’ first licensed third-party cannabis transporter and logistics specialist for adult-use and medical cannabis. Through this partnership, Eagle Eyes Transport will supply Petalfast’s growing brand portfolio with full-service transport, distribution, warehousing and fulfillment services in the state. Read more here.

Nevada consumption lounges

Clark County’s 2-hour “last call” proposal and a 24-hour “no tow” rule have drawn concern from some cannabis business insiders, as county officials move forward with cementing the policy into local law. The Cannabis Compliance Board requires a minimum of 30 minutes for the last call for customers, but Clark County officials have made it known that they intend a more stringent policy to combat intoxicated driving. Read more here.

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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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