Top 3 Marijuana Stocks That Could Surge in 2024

The demand for cannabis is growing on a global scale. With legalization and decriminalization happening all around the world, many analysts and investors believe that marijuana will be a growing industry in the next decade. Get the latest report on 3 pot stocks set to take off in 2024!

By clicking the link above you will automatically opt-in to receive emails from ActivaTrade

Woodford Reserve tried to undermine unionization effort at its Kentucky distillery, judge rules

BRUCE SCHREINER
April 10, 2024

Woodford Reserve undermined unionization efforts at its Kentucky distillery by awarding pay raises, relaxing its vacation policy and handing out bottles of whiskey to workers before a vote on whether to unionize, a federal judge ruled.

The sweeteners the prominent bourbon maker offered to workers were timed to influence the outcome of the unionization vote, Andrew S. Gollin, an administrative law judge with the National Labor Relations Board, wrote in his decision Monday.

The 2022 unionization effort failed, but Gollin set aside the election results and said Woodford Reserve and its parent company should recognize and bargain with a local Teamsters union. Woodford Reserve is part of spirits giant Brown-Forman Corp., based in Louisville, Kentucky.

"Overall, the timing and circumstances surrounding these actions are more than sufficient to infer unlawful motivation," Gollin wrote in his decision.

The company said it took each of the actions in question for legitimate business reasons that were unrelated to the union campaign. But the judge disagreed, saying the company engaged in unfair labor practices in violation of the National Labor Relations Act. The company failed to prove that the pay raise, relaxed vacation policy and whiskey giveaway would have occurred in the absence of the union campaign, he said.

Brown-Forman said it is reviewing the ruling and determining its next steps. The judge's order can be appealed to the NLRB. The decision also was significant because it was the second administrative law judge bargaining order since the NLRB set a new framework for union elections last year, said Kayla Blado, a spokeswoman for the board.

Joe Lance, vice president and business agent for Teamsters Local 651, said the judge made the "right call."

"This is a clear cut example of unlawful interference in what should have been a free and fair election," Lance said in a statement. "We hope this serves as a deterrent to other employers, who will hopefully think twice before they violate federal labor laws."

Episodes of labor unrest have occurred in recent years in Kentucky's renowned bourbon industry, including strikes that involved prominent producers including Jim Beam, Four Roses and Heaven Hill.

The union-organizing campaign at Woodford Reserve began in August 2022 at the historic distillery in the heart of Kentucky's picturesque bluegrass region. The primary motivation was to seek higher wages.

Ahead of the election, distillery managers told employees they would receive a $4 per hour across-the-board pay raise. Workers started seeing the increase on their paychecks about a week before the election. Once the pay raise was announced, employee interest in the union waned, the judge noted.

Woodford also changed its merit raise and vacation policies and then handed out a bottle of its Double Oaked whiskey, valued at around $30, to each production employee a week before the election.

Once the election took place, the tally showed 14 votes in favor of unionization and 45 against.

The union responded by filing an unfair labor practice charge. After the pay raise, one employee told a union organizer that he was taking "the bribe" and was no longer supporting the union, the judge noted. Another employee indicated he was taking the raise and "backing down." The company said the pay increase was meant to deal with worker retention and recruitment issues.

Woodford had given a $1 per hour, across-the-board wage increase earlier in the year. Interest in organizing a union grew after that as employees viewed the increase as inadequate, the judge noted.

The decision to relax merit pay and vacation policies was due to a change in human resources leadership, the company said. And gifting a bottle of whiskey was nothing more than a morale booster routinely given to Woodford employees for a variety of reasons, including meeting production goals, it said.

The judge saw it differently. He said the wage and vacation actions were meant to undermine support for the union organizing campaign, while the whiskey handout was intended to influence the vote.

Continue Reading...

Popular

Jim Cramer, Who Once Called GameStop 'Arguably The Worst' Company In America, Says It 'Now Has Enough Cash To Become Something Other Than' A Meme Stock

Jim Cramer, host of CNBC's "Mad Money," who once criticized GameStop as "arguably the worst" company in America, now sees potential for the company, congratulating it on raising $933.4 million through an at-the-market equity offering program.

Forget Gold. Ditch AI Stocks. Get In on This Instead - Ad

If you're nowhere near the place you want to be with your retirement savings right now and worried about what the future has in store... you owe it to yourself to give me just 10 minutes of your time today... Do that and you'll discover the jaw-dropping details we've uncovered about the next generation of investing.

Trump's Truth Social Reportedly Sees Sharp Drop In US User Base Despite Aggressive Media Push: 'Can't Demonstrate That You Have A Sizeable, Active, Engaged, Growing Audience...'

Donald Trump's social networking site, Truth Social, is experiencing a significant decline in its U.S. user base, with daily visits dropping over 21% in May compared to April and more than 35% compared to March, despite extensive media coverage of Trump's activities.

The Sims 4 Updates Arrive Soon: Faster Gameplay, Fewer Glitches, Enhanced Performance

The Sims 4 addresses player frustrations with more fixes and performance upgrades. Discover EA's commitment to enhancing gameplay.

Exposed: 3 Cent Crypto to Explode June 24th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Tesla Stock Is Rallying Tuesday: What's Going On?

Tesla has increased its 72 month loan rate (APR) in the U.S. from 0.99% to 1.99%, according to Benzinga Pro. The loan rates for 36, 48 and 60 month loan terms are still set at 0.99%.

Taylor Swift bill is signed into Minnesota law, boosting protections for online ticket buyers

MINNEAPOLIS (AP) — People buying tickets online for concerts, sporting events and other live events in Minnesota will be guaranteed more transparency and protection under a so-called Taylor Swift bill signed into law Tuesday by Gov. Tim Walz.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Federal Judge Indefinitely Postpones Donald Trump's Classified Documents Trial

The trial of ex-President Donald Trump for retaining classified documents has been postponed indefinitely by a federal judge.

Earn Instant Cash Flow (using THIS tactic) - Ad

Can you imagine earning $1,118,721/hr? That's what greedy Wall Street elites have been pocketing for 22 straight years. And now it's available to you.

'Dogecoin Killer' Shiba Inu Burn Rate Spikes 800%, Crypto Market Rallies As Sentiment Soars And More: This Week In Cryptocurrency

The week was a rollercoaster ride for the cryptocurrency market. The crypto world was buzzing with news, from Shiba Inu’s surging burn rate to speculation of certain altcoins becoming irrelevant.

Top 3 Materials Stocks You May Want To Dump In May

Three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

June 24th - The Biggest Crypto Event in History - Ad

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on June 24th will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

Elon Musk Shares Who He'd Want To Spend His Last Moments With In Response To Warren Buffett's Advice

Over the weekend, Elon Musk agreed with a sentiment shared by investment titan Warren Buffett about the importance of spending time with loved ones, despite their contrasting investment philosophies. 

Bitcoin 'Could Still Have A Correction Down,' Cautions Lark Davis: 'Let's Not Get Ahead Of Ourselves'

In his latest podcast update, cryptocurrency trader Lark Davis previewed what could lay ahead for Bitcoin (CRYPTO: BTC) and different altcoins

The No. 1 Crypto of 2024 (Trading for Less Than 10 Cents) - Ad

25X Predicted For THIS Crypto -- Starting on June 24th, this tiny 3-cent crypto just partnered with one of the biggest companies in the world... Amazon. And one team of crypto experts has identified it as the most promising crypto of 2024. You can see all of the details surrounding the No. 1 Crypto of 2024 here.

Trump Vs. Biden: New Swing State Poll Reveals Winner, One Key 2024 Election Issue Could Influence Result (Updated)

A new 2024 election poll of swing state voters shows Donald Trump with a commanding lead. One key factor could be determining the race in these markets.

Czech power company CEZ reports net profit of $592 million in Q1, up by a quarter year-on-year

PRAGUE (AP) — The Czech power company CEZ said Tuesday its net profit in the first quarter of the year reached 13.6 billion Czech crowns ($592 million), 2.7 billion up compared with the same period of the previous year.

Stock Alert from the Man Who Bought Amazon in 1999 - Ad

He predicted the rise of the Internet... the financial crisis of 2008... and many of the most famous stocks of the last 25 years -- including Amazon, Apple, and Netflix, before they were household names. (So many of his predictions came true, CNBC nicknamed him "The Prophet."). Now, this Wall Street millionaire is telling folks, "Here's exactly where I'd be putting my money in 2024."

Why Hims & Hers Health Stock Is Rising Today

After the market close on Monday, Hims & Hers Health reported strong first-quarter results that included revenue of $278.2 million, representing a 46% increase from $190.8 million in the first quarter of 2023. The number beat analyst estimates of $270.382 million.

GameStop, AMC, Alibaba, Rivian, Tesla: Why These 5 Stocks Are On Investors' Radars Today

The major U.S. indices had a mixed performance on Monday. The Dow Jones Industrial Average fell by 0.2% to close at 39,431.51.

22 Countries Pledge To 3X Nuclear Power - Uranium Prices Soar 74% - Ad

Newswire says "Bull market continues in Uranium stocks." Who to pick? Well, exploration records show...

One way to appreciate teachers: These schools provide their day care

NAMPA, Idaho (AP) — When Christina Zimmerman returned to teaching last year after maternity leave, she grappled with postpartum depression that she says could have led to quitting her job.

Rio de Janeiro set for Madonna’s massive Copacabana beach concert that will be her biggest ever

RIO DE JANEIRO (AP) — Madonna will give a free concrete on Copacabana beach Saturday night, turning its vast stretch of sand into an enormous dance floor. It comes after Rio de Janeiro spent the last few days readying itself for the historic performance by the “Queen of Pop.”

Shhh! This Is One Great Coin... - Ad

Shhh! I truly believe this crypto could be one of the top earning cryptos of all time... In fact, in the coming bull run... this one coin could have the potential to bank 10x... 50x... and even 100x.

Fed's Stance On Inflation, Job Market Performance, And Peter Schiff Slamming Jerome Powell: Top Economic Updates This Week

As the weekend concludes, notable events included the Federal Reserve's hawkish stance, a potential shift on inflation, Jerome Powell's reassurance against rate hikes, a cooling job market, and economist Peter Schiff's criticism of Powell's stance on stagflation.

Schwazze's Q1 2024 Financial Results: Takes A Hit In Colorado, Overall Cannabis Sales Up By 9%

Medicine Man Technologies, Inc., operating as Schwazze (OTC: SHWZ), announced its financial results for the first quarter ended March 31, 2024.

Uranium Prices Soar 74% in 6 Months! The Uranium Bull Market Is Here to Stay! - Ad

In December 2023, 22 countries pledged to 3X their nuclear capacity. Sending these uranium stocks into a frenzy. Here's 1 uranium miner that exploration records show is sitting on 2.4 million pounds of uranium.

Why Is Small-Cap Alzheimer's-Focused AC Immune Stock Trading Higher On Monday?

Unlocking hope for Alzheimer's with ACI-24.060. Takeda's agreement with AC Immune targets toxic forms of Abeta, potentially slowing disease progression.

What's Going On With Chinese EV Maker XPeng Stock Today?

XPeng shares are up in premarket trading as the company reportedly plans to use BYD batteries for its new Mona sub-brand, aiming for a June debut of its first A-class compact electric sedan priced between RMB 100,000 and RMB 150,000.

Nvidia CEO Says It Will Spark "the Next Revolution" Beyond AI - Ad

Declares this radical biotechnology "is going to be flat out one of the biggest [tech revolutions] ever." And this $10 stock is at the center of all.

One Tech Tip: Protecting your car from the growing risk of keyless vehicle thefts

LONDON (AP) — They appear like ghosts in the night, standing outside your house, one holding up an antenna while the other crouches next to the car parked on the driveway. Within seconds, your car is gone, yet another victim amid enabled by the technology designed to make it easier to unlock and start vehicles.

Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad

Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.

Snowflake Analysts Remain Overweight: Potential Growth Despite Iceberg Adoption Concerns

Piper Sandler analyst attended Virtual Iceberg Summit with tech giants. Snowflake seen as having potential drag on growth, but threat may be overstated.

Stock market today: Asian shares advance after another round of Wall St records

Asian shares were mostly higher on Thursday after U.S. stocks rallied to records on hopes that back in the right direction.

"This Could Be Worth Even More Than A.I." - Ad

Whitney Tilson's nailed many of the most famous stocks of the last 25 years -- including Netflix, Amazon, and Apple. Now he's pounding the table on a new technology rolling out across America, which early estimates say could create more wealth than A.I., the personal computer, and the smartphone combined.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service