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Stock impact report

Cannabis distributors scramble to find alternatives after Canada Post union gives strike notice [Toronto Globe and Mail (Ontario, Canada)]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
The fresh threat of a Canada Post strike has marijuana distributors scrambling to find alternative ways to ship dried flower, oils and other permitted products on the first day of full cannabis legalization in Canada. Some distributors say they’ll turn to Purolator, which is largely owned by Canada Post, but warned delivery times may be unpredictable. The Canadian Union of Postal Workers (CUPW) said Tuesday it has given notice to Canada Post that its members could walk off the job with rotating strikes as early as Monday. Exact locations of the strikes have yet to been determined, the union said. Story continues below advertisement Our members gave us a clear mandate to take job action if Canada Post refused to address our major issues – health and safety, gender equality and preserving full-time, middle-class jobs, stated CUPW national president Mike Palecek in a release . Our goal is still negotiated settlements with no postal disruption. Show less Read more
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