As the COVID-19 pandemic evolves and federal and state laws change to reduce the spread of the virus, you have much to consider for your business. And, keeping your employees’ safety top of mind is most likely the priority. We know you continue to make difficult decisions and enforce new...
Without a doubt, compliance is one of the top challenges facing the cannabis industry. And laws and regulations affect more than just one area of an operation; they affect employee hiring and termination practices to data security and customer privacy, to product sales and packaging. Not only do cannabis businesses...
The cannabis industry has grown exponentially over the last several years. As more states are legalizing recreational and medical marijuana, more and more grow rooms and dispensaries are popping up around the country. While the industry is certainly growing rapidly, the size of the cannabis businesses, i.e., number of employees,...
Maintaining compliance is an ongoing challenge for cannabis dispensaries and retail stores as each state has different regulations that frequently change. Fortunately, many mistakes and violations that occur can be avoided if owners and managers work to stay ahead of issues before they become unmanageable and unlawful. Learn the top...
Until lawmakers help remove banking restrictions and regulations like the SAFE Act are passed, cannabis businesses will face ongoing banking challenges. But, that’s not stopping the cannabis industry from expanding. Cannabis and cannabis-related businesses continue to find workarounds and alternative options—often settling on running cash-only businesses. Startup cannabis businesses, for...
The annual return on investment from using a Professional Employer Organization (PEO) = 27.2% (This is based on calculating cost savings for PEO clients in the areas of: HR personnel costs, health benefits, workers’ compensation, unemployment insurance, and other related expenses. – NAPEO Sept 2019) Introduction Ensuring your business thrives in a competitive...
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...