Jewell Lim Esposito, Esq. – CannaBizCentral

Oregon Cannabis Companies are Fast Approaching Final Deadline to Enroll Employees in OregonSaves

September 24, 2020April 17, 2023 Jewell Lim Esposito, Esq. 401(k), Cannabis 401(k), Oregonsaves

Cannabis employers in the state of Oregon will be required to offer their employees a retirement savings program to save in, regardless of how many employees they have—whether it be one or 100.

401(k) Plan Availability 401k Options Compliance Employee Benefits SECURE Act Strategies

The Illinois Secure Choice Mandated Retirement Program May Mean Penalties to the State’s Cannabis Industry

September 13, 2020September 30, 2020 Jewell Lim Esposito, Esq. Cannabis 401(k), Cannabis Companies, Illinois Mandated Retirement, Secure Choice

Cannabis companies in Illinois are not exempt from providing either Secure Choice or a 401(k) plan to their employees.

401(k) Plan Availability Employee Benefits

California Mandates Cannabis Companies to Provide Retirement Plans by September 30th

September 12, 2020September 24, 2020 Jewell Lim Esposito, Esq. California 401k, Calsavers, Cannabis 401(k)

Cannabis companies could offer a 401(k) plan (in lieu of CalSavers) to comply with California’s retirement plan mandate

Intersection of Money and Legal Cannabis

401(k) Plan Availability Employee Benefits

Cannabis: It Has More in Common with Okra, Zucchini, Oranges, and Coconut Than You Would Think

September 7, 2020September 7, 2020 Jewell Lim Esposito, Esq. Cannabis 401(k)

Like other agricultural businesses, cannabis companies can legally sponsor 401(k) plans.