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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Cannabis 401(k)
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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Oregon Cannabis Companies are Fast Approaching Final Deadline to Enroll Employees in 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.
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The Illinois Secure Choice Mandated Retirement Program May Mean Penalties to the State’s Cannabis Industry
Cannabis companies in Illinois are not exempt from providing either Secure Choice or a 401(k) plan to their employees.
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California Mandates Cannabis Companies to Provide Retirement Plans by September 30th
Cannabis companies could offer a 401(k) plan (in lieu of CalSavers) to comply with California’s retirement plan mandate
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Cannabis: It Has More in Common with Okra, Zucchini, Oranges, and Coconut Than You Would Think
Like other agricultural businesses, cannabis companies can legally sponsor 401(k) plans.
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Once and For All: IRC and ERISA Say Cannabis 401k Plans Can Exist
The cannabis industry is in dire need of proper guidance as to how to appropriately provide 401k and other employee benefits to its employees.
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