How Cannabis Companies Can Offer a 401(k)
The changes in the labor market due to the COVID-19 pandemic has affected all industries, cannabis included. In 2021, 47 million workers voluntarily left their jobs1 and nearly half of small businesses are experiencing worker shortages. About 43% of workers who quit their jobs cited inadequate benefits as a factor in their decision. Among workers who cited benefits as a top concern, more than three-quarters said retirement plans are a “must-have” benefit.