CannaInsider interviewed Stephen Sullivan of Ms. Mary Staffing in Denver, discussing how using a professional employer organization (PEO) can benefit cannabis companies. Outsourcing your employees to a third-party that can accept cash can allow the employees to be paid with checks and to receive normal benefits often not available to cannabis industry personnel. Also, cannabis companies can avoid a 10% penalty for paying the IRS employment taxes in cash by having the PEO pay the tax. Sullivan covers several other potential benefits as well.
Key Takeaways:
0:57 – What is Ms. Mary Staffing
1:42 – Stephen talks about the cash issues dispensaries face
2:39 – Stephen explains how a Professional Employer Organization helps employers
4:51 – Stephen talks about the staffing aspect of Ms. Mary Staffing
5:28 – Why do people leave the cannabis industry
6:55 – Stephen talks about intermediate and executive positions
7:29 – What can dispensaries do better from an employer perspective
9:15 – How can someone make the transition into the cannabis industry
11:11 – Contact details for Ms. Mary Staffing
Read the transcript or listen to “Handling Cash and Outsourcing Cannabis Employees”: http://www.cannainsider.com/cannabis-cash-employees/
