Cannabis 401(k) Plan

Leveling the playing field for cannabis companies

CANNABIS INDUSTRY EMPLOYMENT

211,000 full-time jobs

As of 2019, legal cannabis has created 211,000 full-time jobs in America. Source: Leafly: Special Report: 2019 Cannabis Jobs Count

In a competitive job market, it’s essential that your company has the tools it needs to attract new employees and retain existing ones. For many employees, a 401(k) Plan is an important part of their compensation. But for companies in the cannabis industry, the ability to offer this important benefit has been out-of-reach. Until now.

A new groundbreaking 401(k) Plan is now available for companies in the cannabis industry. It offers similar services, investments and pricing, just like you are used to seeing with a 401(k) Plan.

AN INNOVATIVE 401(K) PLAN FOR THE CANNABIS INDUSTRY

Developed by a group of financial, legal and retirement industry veterans who are already serving the cannabis industry with tax and employee benefits solutions.

SUPPORTED BY A TEAM OF INDUSTRY PROFESSIONALS

A comprehensive retirement plan solution from design, to implementation, to administration and investment oversight. We ensure your plan is in compliance and helps your employees grow their retirement savings.

HIGHLIGHTS OF OUR CANNABIS 401(K) PLAN

  • Available across the country.
  • Offers competitive service & pricing.
  • Traditional investment platform delivering investment returns.

JOBS IN THE CANNABIS INDUSTRY BY THE NUMBERS

The marijuana industry added 64,389 jobs in 2018, a 44% gain, according to industry experts Leafly and Whitney Economics.

That brings to 211,000 the number of jobs directly related to the industry, part of a total of 296,000 in all related areas combined.

Cannabis is the “fastest-growing labor market in the U.S.

 

THE LRS CANNABIS 401(K) PROCESS

DESIGN

We will design and set up a 401(k) plan that meets your cannabis company's needs.

COMPLY

Our plan accounts for Internal Revenue Code 280E and COGS adjustments.

FUND

Our Cannabis 401(k) Trustees accept your employee and company contributions and direct investment for you.

ADVOCATE

Our legal team will advocate for your employee benefit rights.

Let us design a plan to meet your company's goals

206.430.5084  |  800.974.2814

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