Whether you are an employer or a member of the workforce, you will be interested to know that there are a number of different benefits available. These include health care, Employee benefit funds, equity growth accounts, and profit-sharing plans. There are also various ways to fund these benefits. This article will take a look at the different options and the advantages they offer.
Health care
March and Ash, a San Diego-based cannabis dispensary chain, recently agreed to a contract with the United Food and Commercial Workers Local 135. The three-year agreement, which was ratified by workers earlier this week, includes merit wages, health care benefits, and paid holidays and jury duty days. It also has an education fund, daycare fund, and annual increases.
According to a statement from the Union, the contract is the first of its kind and will serve as a model for the rest of the industry. A total of 1,200 workers at the five March and Ash locations in the United States will be covered under the agreement. During the contract negotiations, the union worked with the company’s ownership group to develop a framework for the contract. This was done after the parties agreed to go through a number of hurdles in order to reach a deal.
Profit-sharing
If you’re in the cannabis industry, you probably already know that a lot of the newer companies out there offer profit sharing schemes. The reason for this is simple: it’s a win-win for all parties. Employees get to see their hard work pay off, and you get a tidy sum to boot. Whether you’re a retailer or a distributor, it’s a win-win situation.
While there’s no legal requirement that you offer a profit sharing scheme, you might want to consider one. A good rule of thumb is that you should make the contributions equal to the average contributions of rank-and-file employees, and the vesting schedule should be fairly uniform. This isn’t an exact science, however, so it’s best to consult with your human resources department before instituting it.
Education fund
The cannabis dispensary chain March & Ash has recently ratified a collective bargaining agreement with the United Food and Commercial Workers Local 135. The union represents workers in the retail, grocery, and cannabis industries. This contract includes merit wages, health benefits, and the education fund. It also offers a daycare fund and increases each year.
Emergency Assistance to Non-Public Schools (EAP) is a program which provides funding and services to non-public schools with a large percentage of low-income students. In addition to EAP, ASHFoundation has established several endowment funds. These funds are often focused on specific topics, such as African-American students, Asian students, or American-Indian students. Many of the endowment funds are named after researchers or clinicians who have made significant contributions in their fields.
Equity growth account
A recent round of funding led by Groundwork Holding, a publicly traded company, gave the March and Ash equity growth account a healthy boost. The company aims to make cannabis legal in the United States in the next five years or so. Its founders are Blake Marchand, Jon Saco and Dennis Hunter. With the backing of a handful of venture capital firms, the company is on track to become a billion-dollar behemoth. Earlier this month, the company announced it had raised $18 million in a funding round that saw it acquiring an unspecified amount of equity from a third party. During a briefing with the press, CEO Blake Marchand outlined his company’s plans for the future. To date, the company has hired over 30 people in the San Francisco area.
Employee benefit fund
March & Ash is a cannabis dispensary that operates in San Diego County. It carries the largest selection of products available in the county and is a leading advocate of CBD for animals. In addition to this, the company has established partnerships with various organizations and community stakeholders that directly benefit local residents. They also help to craft laws and drive consumer education. Their goal is to reinvest in the communities they serve.
The company’s management is known for being unfair to certain employees. Some employees are single parents who are looking for a better pay structure. They were worried that they would not be able to earn enough to support their families. However, they were pleasantly surprised to learn that they could save a portion of their salary through an Employee Benefit Fund. This program gives workers pre-tax dollars to invest for things like auto insurance, medical expenses, and child care.