Source: CNBC, Jane Wells
One of the big concerns with the Coronavirus outbreak is whether cannabis businesses that have to close and send employees home will have to continue paying them under a new federal law, the Families First Coronavirus Response Act. The businesses may not qualify for federal aid in return, since marijuana remains federally illegal.
Wurk is a company that provides human resources and payroll services to 400 legal cannabis businesses, and it has been providing resources to help navigate the shutdown. Regarding the new Families First law, “Right now cannabis companies absolutely have to comply,” said Wurk account manager Lauren Spagnuolo. “We don’t know if they’re going to be eligible for the tax breaks that are being offered as part of these programs.”
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