Employee Retention Credits for Cannabis Businesses

Sharing a Valuable Resource with Our Cannabis Industry Friends

Founding Partner Jay Czarkowski wants to be sure that cannabis businesses don’t overlook this opportunity to get funds from the government that DO apply to cannabis businesses – both ancillary and plant-touching.

You may have seen a flurry of emails about ERC or Employee Retention Credit that is part of the CARES Act.

If you’re like me, I thought either they were junk or they didn’t apply to the cannabis industry. Then, I learned that one of my trusted contacts in the industry is involved in helping cannabis businesses get – literally – millions of dollars in their pocket. 

Companies typically see between $10,000 and $15,000 per employee. We, as Canna Advisors, have gone all the way through the application process and are now awaiting our sizable check. 

I’d like to pass along this success and resource to you given our relationship. Our industry can certainly use the boost. This is one benefit we can actually take, so I want to be sure you don’t miss it.

The short story is this:

• The ERC program DOES apply to cannabis businesses – both plant touching and ancillary.
• The benefit is in the form of actual funds to you – not a tax credit.
• Our trusted resource works with companies who have from 5 to 500 employees.

I think it is worth your while to at least have one conversation with my contact who knows the ERC benefits inside and out and also knows the cannabis industry.

Contact our team to learn more about getting your ERC funds in motion.