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FINANCIAL | Real Estate / Commercial Real Estate Development
ammainvestmentgroup.com

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Founded Year

2016

Stage

Option/Warrant | Alive

Last Raised

$8.33M | 2 yrs ago

About Amma Investment Group

Amma Investment Group offers commercial real estate development and management services.

Amma Investment Group Headquarter Location

120 N. 44th Street Suite 410

Phoenix, Arizona,

United States

Latest Amma Investment Group News

Maryland medical marijuana firm pays $175M to settle sexual harassment suit

Dec 23, 2020

Published 8 mins ago A medical marijuana dispensary in Maryland and its parent company will pay $175,000 to settle a sexual harassment suit brought by the U.S. The settlement was approved Monday by a federal judge. According to Law360.com, the settlement requires Maryland Health Management, which does business as Nature’s Medicines, and its parent, Arizona-based AMMA Investment Group, to pay $45,000 to dispensary clerk Russel Hicks, who first raised the complaints with the EEOC, and the remaining $130,000 to five other claimants named in the suit. The EEOC filed the lawsuit in September after first attempting to reach a prelitigation settlement through its voluntary conciliation process, according to the agency. Nature’s Medicines and AMMA Investment Group also must train employees on federal anti-discrimination laws, with an emphasis on preventing sex-based harassment, and implement and disseminate an anti-discrimination policy, the EEOC said. The companies also must report to the EEOC on how they handle any future complaints of sex-based discrimination and post a notice in their workplace about the settlement. The original EEOC suit alleged that a general manager at Nature’s Medicines facility in Ellicott City, Maryland: Engaged in “unwelcome touching.” “Showed an employee a nude picture on his phone.” The manager also told employees that because he was well-connected in the cannabis industry, he could prevent them from getting other industry jobs if they complained. Although employees complained for months about the harassment, Nature’s Medicine, which operates dispensaries in six states, didn’t investigate until after it learned a complaint had been filed with the EEOC. “All employers, in­cluding those in newer and emerging industries, must be vigilant about their responsibility to protect their employees from harassment,” said Jamie Williamson, director of the EEOC’s Philadelphia District office.

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