All You Need to Know About HR Services for the Cannabis Industry

Human resource management experts who specialize in serving the cannabis industry need to stay on top of new local, state, and federal regulations. Since there’s no one-size-fits-all HR blueprint that will ensure compliance with these strict regulations, HR professionals are skilled in creating HR policies that meet the unique needs of each cannabis dispensary. These policies are designed to fit state-specific regulations, reduce compliance responsibility, and ensure rapid problem solving in response to any encountered challenges. 

Another major challenge marijuana dispensaries face has to do with banking and payroll. Since cannabis is still considered to be a Schedule 1 drug, meaning that it’s enlisted in on the same level as LSD and heroin, it is still highly illegal in the eyes of the federal government. This makes it difficult for cannabis businesses to pay their employees legally, as many banks in the U.S. keep refusing to do business with them. 

If you hire a full-service HR management company, they are likely to act as your banking partner. This means that they will offer appropriate and safe solutions to your payroll challenges and enable you to focus on more important aspects of your business.

According to recent studies, good onboarding programs can lift employee retention by 25% as well as improve their performance by a staggering 70%. This is particularly important for cannabis businesses as having the right people on your team is one of the key aspects of achieving compliance. With a dependable HR management company at your service, you can greatly reduce your onboarding time and costs and streamline your operations. 

In order to ensure the trustworthiness of each new employee and build a winning team, it is crucial to perform in-depth background screening of new hires. In addition, all cannabis companies need to complete the I-9 Employment Eligibility Verification form to guarantee the identity of their employees as well as check their authorization to work in the U.S. HR consulting professionals can help you avoid any potential slip-ups by providing detailed background screening services as well as many other employee assessment and training tools.