When we bring a contractor up to speed on the many unique aspects of working with cannabis entrepreneurs one area they are unprepared for is being paid in cash and on time for their services. The logistics of being paid in cash can take some time to get used to. Some view being paid in cash for their work to be burdensome while others love being paid on time and not waiting or worrying about the check to clear the bank. We also advise having a receipt book available and being paid weekly is another aspect that’s universally appreciated.
The reason they pay in cash is due to federal banking laws these entrepreneurs don’t currently have access to using banks in the traditional manner most businesses do. While cannabis remains illegal at the federal level more and more states like California and Colorado have legalized the production, sales and possession of both recreational and medical cannabis. This is a game changing difference and this exists due to something called state’s rights. State’s rights are rights and powers held by individual states rather than by the federal government. An on point example is your contractor’s license is issued by your state and not by the federal government.
Based on personal experience I can tell you being paid in cash is a wonderful experience. There is something affirming about someone give you a stack of $100 dollar bills and then thanking you for the work you do. The entrepreneur is later rewarded when they are handed a stack of $100 dollar bills after selling their first and subsequent crops. Working in a professional capacity with other professionals who value the work my team and I deliver is both gratifying and profitable. Wanna know more? Give me a call at 916-933-7333 today!
Cannabis Grow Builders has been involved in the emerging legal Cannabis Industry as a builder and developer of grow facilities since 2016. Daniel Stevenson and his team work with Cannabis Entrepreneurs and Solopreneurs to maximize the potential in their business while remaining on the cutting edge of constantly changing governmental regulations. Please reach out to us at 916-933-7333, via e-mail at firstname.lastname@example.org