With an employee turnover rate of 40 to 60 percent (in the first two months of employment), it’s no surprise that employee retention continues to be a significant challenge in the cannabis industry. While new hiring strategies help attract and find the right talent, there is always a gamble that...
Cannabis business owners and operators face a hiring challenge that is two-fold. First, finding the right employees who are passionate about the industry is an ongoing struggle, and second, the industry continues to be highly regulated in all aspects of owning and operating a cannabis business. Recruiting and hiring comes...
Anyone can write a job description. But, if careful thought and consideration isn’t put into crafting a description, you and your hiring team may find yourselves sifting through applications and resumés of unqualified candidates. Whether filling an existing position or adding a new position, an effective job description that attracts...
It is estimated that by 2025, federal legalization will create $128.8 billion in additional tax revenue and 1.63 million legal cannabis jobs in the U.S. — Cannabis Industry Journal Introduction 2019 was an incredible year for the cannabis industry. There were numerous mergers and acquisitions, multi-state expansions, new state licensing, and a...
The highly regulated cannabis industry is plagued with employee turnover. Employees tend to stay at a company that offers competitive salaries, benefits, training, a healthy corporate culture, and professional development opportunities. Unfortunately, cannabis businesses often struggle with some or all these offerings, resulting in short stints of employment. Cannabis business...
Jim Valenzuela, Phoenix-based executive and former CEO of a national HR solutions provider acquired by Paychex, launches OROleafhr, a full-service provider of legal and HR services to cannabis companies. “The cannabis industry faces unique payroll and HR challenges,” says Mr. Valenzuela, Founder and CEO, OROleafhr. “Our advanced technology, and industry experts...
Cannabis businesses continue to be challenged with employee training. Employees are needed at all times to be productive, and training is often seen as time away from performing a job. Not only that, but there are no universal standards for training employees, so managers are stuck creating their own training...
In the highly regulated cannabis industry, fulfilling human resources activities is often an uphill battle. Not only do the ever changing laws and standards impact an operation’s success, the continued stigma in the industry adds an extra obstacle for cannabis businesses. In order to stay focused on running a business,...
The Marijuana Business Factbook reports that the estimated number of full-time workers in the U.S. marijuana industry was between 175,000 to 215,000 in 2019. The report projects this number will more than double by 2023. As the cannabis industry continues to progress, the demand for hiring employees to ensure operations run...
The cannabis industry is a complicated space, due to both its youth and the legal circumstances surrounding it. And what complicates things even more, is the coronavirus epidemic rapidly spreading across the country and many parts of the globe. Whether you're a cultivator, dispensary, manufacturer, or an ancillary service provider,...