The Greenleaf HR Newsroom & Blog
Stay up-to-date with the latest human resources & management news, trends, and alerts.
How is COVID-19 Impacting the Mental Health of Remote and Furloughed Workers
May is National Mental Health Awareness month. With COVID-19 still going strong, millions of people have either been forced to work remotely, or have been furloughed indefinitely. Fear, anxiety and doubt have been rampant since the virus has taken hold, and with an uncertain future on the horizon, mental health has become a more prominent issue than ever before.
This article seeks to understand how COVID-19 has been affecting remote and furloughed workers and the strategies you can employ as a business owner to protect the mental health of impacted employees.
How Cannabis Clients Can Remain Sound Around Coronavirus Pandemic
The cannabis industry has had great help and support around the world because of its medical advantages. More US states have acknowledged therapeutic and recreational cannabis. However, with the outbreak of the coronavirus pandemic, the cannabis industry may not be protected for long. The coronavirus has affected numerous manufacturers that operate out of China. Asian markets are riding on a see-saw effect of going up and down. The United States stock market hasn’t been safe from the coronavirus either. The coronavirus pandemic could affect the ongoing struggle of the legalization of the marijuana industry.
The Cannabis Business Guide to the IRS 280e Tax Code
Over the years, cannabis has been criminalized and then decriminalized, only to be criminalized again. Cannabis has now been legalized statewide in California. With legitimate businesses popping up left and right, it’s safe to say that it will remain decriminalized.
There’s just one caveat: While it may have been legalized for medical and/or recreational use statewide, it’s still technically illegal.
Because of this, cannabis entrepreneurs are left navigating through hell and high water to keep their legally illegal businesses afloat. If it sounds confusing, it’s because it is. Especially around tax season with the 280e tax code that plagues their overall revenue. Fortunately, there’s help out there. Keep reading to learn more about the 280e tax code and how to navigate it.
How to Conduct a Compliant Employee Termination Meeting
Read Time: 6.5 Mins
Do you need to terminate an employee? There are strict laws protecting workers during termination. If businesses aren’t compliant, this can result in a lawsuit.
What Does Human Resources Do in the Cannabis Industry?
In Colorado, there are currently over 500 cannabis dispensaries. While Ohio and Oregon follow closely in this statistic, other states are miles behind.
If you live in a state where there aren’t many dispensaries, you may be thinking of opening one to get in on this hot market. But what many people fail to understand is that dispensaries are just like any other business—they need an HR department.
Are you wondering: what does human resources do in the cannabis industry? Then read on. In this article, we’ll explain all their responsibilities in detail.
Ensuring Cannabis Compliance Is Done ‘by the Book!’
Experts predict that revenues from legal cannabis in the US will soar over $23 billion by 2022.
The potential profit is large.
With numbers like that, more people are getting involved in the cannabis business. But this industry comes with regulations that make running a business more complicated.
The Benefits of HR Consulting Services for Cannabis Businesses
As a responsible owner of a cannabis-related business, your responsibilities are never-ending. For one thing, it’s essential that you prioritize human resources (HR) strategies throughout the workplace. After all, even experts recognize that intentional HR strategies can create a competitive advantage within your local market.
This is even true of businesses in the booming cannabis industry. If you don’t know where to start when it comes to proper HR management that’s where our experts at Greenleaf HR can help.
The Importance of Human Resource Management for Cannabis Businesses
More states across the United States have legalized cannabis for recreational use and its business. About 34 US States and over 40 countries globally are now supporting the legalization or decriminalization policies of cannabis. It is just a matter of time before cannabis becomes a globally-traded agricultural commodity. If this trajectory is anything to go, cannabis will become one of the best performing asset class in the next decade while affecting every sector.
