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On December 20th, 2023, Theory Wellness announced a historic milestone in becoming the first employee-owned cannabis company in the Commonwealth and the largest in cannabis.

The decision to give the company to the employees honors their hard work and dedication to building our operations into what they are today.

Our team is the heart of our company, and this change in ownership preserves and rewards those who have been stewards of what the company stands for.


An Employee Stock Ownership Plan (ESOP) is a structure that allows employees to share in the future growth and prosperity of the company. All employees will vest shares based on an annual schedule.

The longer you stay at the company, the more you vest. Every year, a contribution is issued based on a formula determined by years of services and compensation.

It’s similar to a 401K program that vests over time for long-term employee benefits!

Your account balance is tied to the share value of Company, not external securities.

All shares are held in a Trust governed by an administrator, called a trustee.

You pay nothing for your shares; Company makes all the contributions to your ESOP account.

Interested in pursuing a career with Theory Wellness?

Learn more below about available opportunities to grow with us!