While many states have legalized cannabis for medical and/or recreational use, it’s still considered illegal at the federal level. Due to this, cannabis-related business owners continue to be challenged with operating their businesses. Securing banking relationships to support business practices like payroll and benefits and complying with IRS Tax Code...

On Nov 3, 2020, Arizona became the 13th state to legalize recreational marijuana for adults 21 and older when Arizona voters passed Prop 207 by 60% to 40%. The new law is known as the Smart and Safe Arizona Act (SSAA). How well do you know Prop 207 and the changes...

There are many human resources areas and activities to fulfill at your cannabis business. How confident are you that your HR department is performing as well as it should? Whether you have an internal HR team or work with an HR provider, you can measure how well they're supporting your employees...

Congress passed The Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief and Economic Security (CARES) Act earlier this year, but many cannabis businesses continue to have questions on whether their business qualifies to receive COVID-19 employee benefits and potential tax credits. With COVID-19 cases rising dramatically during...

Cannabis employers are working more than ever to create a healthy work environment, support a safe and productive workforce, and protect their own business from additional risk. If you’re working with an HR provider, they should be assisting your business with fulfilling the areas above and providing you with COVID-19...

With the current state of cannabis banking, businesses have little to no access to financial services forcing many dispensaries to operate as cash-only, which opens up its own Pandora’s box of problems and risks. A number of lawmakers have proposed a solution to the cannabis banking situation —the Secure and...

Cannabis businesses continue to struggle finding the banking and financial support needed to open deposit accounts, secure loans or lines of credit, and manage payroll. Without the proper banking relationships, dispensaries are also unable to accept checks or credit cards for sales transactions. A number of institutions have started working...