Cannabis and 401(k): An Unexplored Frontier in Retirement Benefits
Introduction The cannabis industry is experiencing unprecedented growth and success, yet one area remains largely unexplored: retirement benefits. While companies
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Author: Editorial Staff
Secure Act 2.0 Auto-Enrollment
The headlines are everywhere: “Secure Act 2.0 Requires Plans to Have Auto-Enrollment.” While the headlines grab your attention, they are
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Four Elements of Compensation Strategy in High-Growth (Cannabis) Companies
All high growth companies face the same challenge: Hiring high-quality people at a feverish pace, while dealing with all of the issues that come with that including recruiting, onboarding, training, and of course, compensation.
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Cannabis Companies Beware of New Comprehensive Vape Laws
As a result of the most recent Congressional Appropriations Act, hemp vaping products, including hemp extracts, CBD, and delta-8 THC, are about to be subject to a comprehensive Vape laws and set of federal and state regulations.
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How Cannabis Businesses Can Avoid TCPA Liability
Text messaging provides a potent channel of customer engagement, but at the same time is subject to strict regulations under the TCPA, with violators subject to steep statutory penalties of $500-$1,500 per message. As the cannabis industry continues to experience growth in markets across the country, cannabis businesses are becoming an ever-increasing target of plaintiff’s lawyers in Telephone Consumer Protection Act (TCPA) lawsuits.
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Analysis of 2020 Ballot Measures
November 3 was a historic night for legalization across the country. A decade ago, cannabis was illegal for Nonmedical use in all 50 states. Now, five new states have made it onto the legalization map. Read on for an analysis of each state’s ballot initiative.
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Key Cannabis Executives and Employees Compensation: Stock or Options?
Cannabis companies need to attract and retain key talent by including equity or quasi-equity in a competitive compensation package.
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2021 Inflation Adjustments and Tax Tables Issued for Cannabis Companies
The IRS on Monday issued the 2021 annual inflation adjustments for many tax provisions, as well as the 2021 tax rate tables for individuals and estates and trusts (Rev. Proc. 2020-45). These adjusted amounts will be used to prepare tax year 2021 returns in 2022.
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IRS Publishes Marijuana Industry Webpage With Respect to 280(E)
The IRS confirms with the publication of a cannabis industry specific webpage that marijuana businesses are subject to the limitations of Section 280E of the Internal Revenue Code.
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Cannabis: Beware the Fake Compensation Survey Data
The cannabis industry is new and entrepreneurial, and companies are constantly looking for information and data to guide their business strategies and operations. The current regulatory climate does not make that an easy task.
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