These difficulties make it easier for business owners to go their own way- by paying their employees illegally. Like we mentioned above, it can be challenging to find a credible and knowledgeable bank to assist you with the payroll needs of your cannabis business. Payroll Within The Cannabis Business: The Wrong Ways To Pay Your Employees However, you’re in luck, and you’ve come to the right place.įollow along as we explore the different ways in which dispensaries pay their employees, the challenges that come along with cannabis payroll and banking, and the best tips for new dispensaries. “ Is it better to risk it and pay my employees illegally?” “ Do I try to find a reputable cannabis banking institution, and hope they know what they’re doing?”Īs a cannabis business owner, it probably seems defeating to feel like the only reason you can’t begin sales is because of banking issues, which are really out of your control. The difficulties of cannabis banking typically leave a business owner feeling helpless and uncertain of where to turn next. Is it better to risk it and pay my employees illegally? The obstacles that many cannabis businesses are faced with can seriously set back the operations of that business because many reputable or well-known U.S. Most of the challenges cannabis business owners face is how they’re able to pay their employees, or as we like to call them, budtenders.
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