Paychex ceasing direct deposits, other services to cannabis firms
Source: MJBizDaily U.S. cannabis operators are scrambling to find a new payroll provider after receiving a memo from Paychex advising that the company will no longer process direct deposits or offer other services for marijuana-related businesses. A March 29 memo obtained by MJBizDaily warns that, effective May 1, New York-based Paychex will no longer process […]
