The Importance of Transparency in Cannabis Payroll and HR
The cannabis industry is controversial and confusing. Marijuana remains illegal at a federal level but has been embraced by states for medicinal and recreational purposes. In many aspects, the controversy emerges as a result of lack of transparency. Especially when it comes to licensing. It falls on the shoulders of legislators and regulators in each state to determine the ins and outs of marijuana licensing. Each state has its own way of disclosing information which makes what is accessible limited in many areas.
Cannabis: The Fastest Growing US Industry
Without a doubt, cannabisis one of the fastest growing industries in the U.S. At present, medical marijuana is legal in 34 states and adult recreational MJ is legal in 15 states. That number is expected to continue growing. Sadly, strict, and varying regulations are directly influencing the availability of financial services for cannabis businesses.