Retirement Plan Solutions For the Cannabis Industry
Compliant, Competitive, and Tailored for Your Business
The cannabis industry is thriving—but cannabis business owners continue to face unique challenges, especially when it comes to offering competitive employee benefits. One of the biggest hurdles? Retirement plans. Many traditional providers simply won’t work with cannabis companies. But with the right Retirement Plan Solutions for the Cannabis Industry, your business can offer compliant, customized retirement benefits that help you stand out and scale.
Why Cannabis Retirement Planning Is So Challenging
The federal classification of cannabis as a Schedule I or II substance creates serious roadblocks. Most major financial institutions and 401(k) providers avoid cannabis-related companies entirely. In addition, Section 280E of the Internal Revenue Code prevents cannabis businesses from deducting many normal operating expenses, further limiting financial flexibility.
As a result, cannabis employers often can’t access conventional retirement plans—putting them at a disadvantage in attracting and retaining top talent.
Competitive Benefits: More Than Just a Perk
In an industry where demand for skilled labor is high and turnover is costly, offering a retirement plan is no longer optional—it’s essential. Today’s cannabis employees expect more than a paycheck. They want to know their employer is invested in their future.
Implementing the right Cannabis Retirement Solutions can help you:
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Recruit and retain top-tier talent
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Boost morale and employee loyalty
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Strengthen your employer brand and company culture
Our Solution: Cannabis Retirement Plans Built for You
At Asset Strategy, we specialize in building compliant, scalable, and fully managed retirement plan solutions for the cannabis industry. From plan design to employee education to fiduciary oversight, we deliver solutions that work—regardless of your access to traditional banking services.
Our Services Include:
- Plan Design & Fiduciary Oversight
- Investment Lineup Consulting
- Vendor Selection and Management
- Employee Communication Tools
- Plan Operations Consulting
- Full Fiduciary Services
We don’t just advise—we deliver, execute, and optimize.
Our Process: The C.A.N.N.A.B.I.S. System
We created the C.A.N.N.A.B.I.S.™ System to provide a seamless, step-by-step approach for building retirement plans tailored to cannabis employers.
C – Challenge: Break Through Industry Barriers
We start by acknowledging the obstacles—280E restrictions, banking limitations, and limited provider access—and strategize to overcome them.
A – Attract: Compete for Top Talent
Offer meaningful benefits that attract skilled workers in an increasingly competitive market.
N – Navigate: Strategic Planning
We assess your business’s goals, workforce needs, and regulatory environment to create a sound foundation for your plan.
N – Next Steps: Custom Plan Design
Our retirement plans are IRS and ERISA compliant, scalable, and aligned with your growth goals.
A – Align: Building Your Benefit Ecosystem
We partner with trusted recordkeepers, custodians, and TPAs that already support cannabis clients—eliminating the trial and error.
B – Build: Seamless Plan Rollout
From employee education to plan enrollment, we manage implementation so your team gets up and running smoothly.
I – Improve: Ongoing Oversight
We provide continuous plan monitoring, investment reviews, and benchmarking to ensure long-term performance and compliance.
S – Sustain: Long-Term Partnership
As your cannabis business grows, so does your retirement plan. We stay engaged to adapt, update, and enhance your strategy.
What Is an OCRO—and Why Should You Care?
Our team includes an Outsourced Chief Retirement Officer (OCRO)—a dedicated, third-party expert who manages your retirement program end-to-end. Think of it as having a seasoned retirement executive on your side—without having to hire one full-time.
Key Benefits of an OCRO
- Strategic retirement plan design and oversight
- Enhanced compliance and fiduciary protection
- Cost-efficient plan management
- Scalable support as your team grows
- Employee education and financial wellness
Our OCRO, Tim Black, CPFA, brings over 30 years of industry experience, including plan administration, finance, operations, and consulting for companies ranging from startups to Fortune 500s. His Wall Street background and CPA foundation make him uniquely equipped to guide your business through complex regulatory and investment terrain.
Ready to Transform Your Employee Benefits?
With Asset Strategy’s Cannabis Retirement Solutions, you don’t have to settle for second-rate benefits—or go it alone. Our team of retirement specialists is ready to help you design, implement, and manage a plan that meets your business’s needs, resonates with your workforce, and navigates the cannabis industry’s complex regulatory landscape.
Let’s Talk!
If you have any questions on retirement solutions for your business, don’t hesitate to reach out.
Asset Strategy can provide personalized advice tailored to your circumstances.
Call us at 781-235-4426, or click HERE to book a
15-minute Discovery Call with one of our Advisors.
Disclosures:
Because investor situations and objectives vary this information is not intended to indicate suitability for any individual investor.
This is for informational purposes only, does not represent legal or tax advice, does not indicate suitability for any particular investor, and does not constitute an offer to purchase or sell investments. Investments in securities involve a high degree of risk and should only be considered by investors who can withstand the loss of their investment.
There are retirement account risks that could diminish investor returns, such as, but not limited to: low interest rates, market volatility, withdrawal timing and sequence of returns risk, government policy uncertainty and increased longevity. Prospective investors should perform their own due diligence carefully and review the “Risk Factors” section of any prospectus, private placement memorandum or offering circular before considering any investment.
Advisory Services are offered through Asset Strategy Advisors, LLC (ASA), an-SEC Registered Investment Advisor. Securities offered through registered representatives of Concorde Investment Services, LLC (CIS), member of FINRA/SIPC. Insurance Services offered through Asset Strategy Financial Group, Inc. (ASFG). ASA, CIS, and ASFG are independent of each other.
