Employee Benefits – CannaBizCentral

Cannabis and 401(k): An Unexplored Frontier in Retirement Benefits

October 27, 2023October 27, 2023 Editorial Staff Cannabis 401(k), Cannabis Employee Benefits, ERISA

Introduction The cannabis industry is experiencing unprecedented growth and success, yet one area remains largely unexplored: retirement benefits. While companies

401(k) Plan Availability Compliance SECURE Act Strategies

Secure Act 2.0 Auto-Enrollment

April 10, 2023April 10, 2023 Editorial Staff Cannabis 401(k), Compliance, ERISA, Human Resources

The headlines are everywhere: “Secure Act 2.0 Requires Plans to Have Auto-Enrollment.” While the headlines grab your attention, they are

Compensation and Equity

Four Elements of Compensation Strategy in High-Growth (Cannabis) Companies

April 20, 2021April 20, 2021 Editorial Staff Cannabis Employee Benefits

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.

Compensation and Equity

Key Cannabis Executives and Employees Compensation: Stock or Options?

December 5, 2020December 4, 2020 Editorial Staff Executive and Employee Compensation

Cannabis companies need to attract and retain key talent by including equity or quasi-equity in a competitive compensation package.

401(k) Plan Availability Employee Benefits SECURE Act Strategies

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.

Compensation and Equity

Cannabis: Beware the Fake Compensation Survey Data

September 23, 2020September 23, 2020 Editorial Staff Executive Compensation, Pay and Performance

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.