DENVER, Dec. 19, 2017 – Hybrid Payroll (https://hybridpayroll.com/), a division of Ms. Mary Staffing, a pioneer in the cannabis industry, announces the expansion of its services to the burgeoning cannabis market in California. Those services include payroll management, benefits and worker’s compensation, HR software and consulting, and staffing services.
The passage of Prop 64 in November 2016 got the recreational cannabis ball rolling in the Golden State; the sale and taxation of cannabis will become legal on January 1, 2018. Ambitious entrepreneurs are likely to enter this new market in large numbers. According to a Los Angeles Times story, the state’s legal cannabis industry could eventually generate $5 billion in revenue. And that’s not counting the “cannabis tourism” dollars that are certain to pour in.
With so much opportunity, there’s going to be heated competition for market share. Many of these new business owners will have relatively little hands-on business experience, and could benefit from a service provider shouldering some of the administrative burden. That’s where Hybrid Payroll comes in.
The services offered by Hybrid Payroll have been developed with the needs of small and mid-sized businesses in mind. Paperless payroll services, for instance, give business owners instant access to real-time data. In addition, the benefits packages Hybrid Payroll can assemble on behalf of its clients rival those of the largest enterprises.
For every one of California’s new cannabusiness ventures, the issue of regulatory compliance will be another key factor in their success or failure. Non-compliance is a risk in any enterprise, but none more so than a fledgling and still somewhat controversial one such as recreational cannabis. Part of Hybrid Payroll’s expertise lies in ensuring HR and employment law compliance. Owners can therefore focus on growing their business rather than worrying about the myriad rules and regulations governing cannabis operations.
Hybrid Payroll is ready to be a valuable partner from day one of any new cannabis enterprise. Set-up services include the creation of employee badges and a careful audit of employee paperwork. The company also provides legally required labor law posters and labor peace agreements for dispensaries and related businesses employing 20 or more people. All documentation related to staffing, payroll and accounting is digitally backed up to further ensure compliance and to provide a means for business continuity in the event of a disaster.
About Hybrid Payroll
Hybrid Payroll, a division of Ms. Mary Staffing, provides small and midsize businesses with a full-service HR solution so they can free themselves from the complexities of HR and focus on their goals. As their trusted HR business partner, Hybrid Payroll assumes many of the responsibilities of being an employer and helps these companies contain HR costs, minimize employer-related risks and relieve the administrative burden of HR. Hybrid Payroll offers bundled HR products tailored by industry and strategic HR services, resulting in a comprehensive and empowering solution.
Stephen Sullivan, CEO
4704 Harlan St. Suite 330
Denver, CO 80212