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Opinion: What is a labor peace agreement, and is it good for the cannabis industry?

Jim Araby

(This opinion piece responds to another contributed column, “Opinion: Cannabis business owners should negotiate labor peace agreements before signing.”)

Cannabis companies operate in a highly competitive and rapidly changing environment, and labor disputes can have a significant impact on business operations, leading to lost revenue, reputational damage and even regulatory sanctions.

Labor peace agreements establish a period when a workers’ union agrees not to strike, picket or otherwise disrupt an employer’s business operations, and the employer agrees not to engage in any actions that would undermine the union’s ability to organize the workforce.

Such agreements can help to promote stability, productivity, social responsibility, public safety and long-term sustainability in the cannabis industry by establishing a collaborative relationship between employers and workers.

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Collective bargaining, facilitated by labor peace agreements, provides workers with a voice in the workplace and the ability to negotiate for better wages,

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