As the industry’s overall reach and the relative size of its companies continue to grow, ancillary companies like Denver, Colorado-based Würk add much-needed guarantees and efficiencies to cannabis operations that managers in other industries take for granted. A SAAS-based Human Capital Management (HCM) company founded in 2015 by Keegan Peterson, who passed away last year at the age of 33, Würk, in its own words, “allows cannabis companies to manage payroll, human resources, timekeeping, scheduling, and tax compliance, and minimizes compliance risks in the ever-changing cannabis regulatory environment.” Operating in 31 states, including California, Colorado, Oklahoma, Illinois, New York, Nevada, as well as in Canada, the company recently added 401(k) options for its cannabis clients, a move whose importance cannot be underestimated, according to current CEO Scott Kenyon, who spoke with CBE last week about expanding options for employers and employees in an industry still finding its way.
