Cannabis Business Times’ Post

Cannabis business owners: Are you looking for innovative strategies to enhance growth and stability? Consider the benefits of implementing Employee Stock Ownership Plans (ESOPs). Read this blog to learn how ESOPs can enhance employee engagement, provide tax incentives, and offer a strategic succession plan for cannabis companies. BGM’s cannabis industry team can guide you through the entire process! #CannabisBusiness #ESOPs #EmployeeOwnership

For all the employers out there who are still undecided or want to revisit their weight loss drug coverage strategy, the Benefit Leader's Guide to Weight Loss Drug Coverage eBook is for you! Employers have LOTS of options before deciding to absorb the expenses for covering these drugs, and this resource will help you discover alternatives and best practices when making GLP-1 drug coverage decisions. Download today: https://ow.ly/vmI950RILjU

By integrating the DiSC framework into various aspects of your organization, you ensure that strategic decisions and developmental initiatives are deeply rooted in an understanding of the diverse personalities that comprise your team. This ensures a tailored, effective approach to managing and developing your people, driving organizational success and employee satisfaction. To learn more and purchase your DISC assessment, visit https://lnkd.in/gCVizUGx #boisebusinesscoach

By integrating the DiSC framework into various aspects of your organization, you ensure that strategic decisions and developmental initiatives are deeply rooted in an understanding of the diverse personalities that comprise your team. This ensures a tailored, effective approach to managing and developing your people, driving organizational success and employee satisfaction. To learn more and purchase your DISC assessment, visit https://lnkd.in/gs3cQzcG #boisebusinesscoach

Wow, just when you thought that costs could not go higher! The key is to be contnually working to stay ahead of this trend. Not easy, but not impossible! #cfoinsights #ceoinsights #hr #hrbenefits #thinkingdifferently #employeeengagement

#HRIcon2024 | With a focus on communication, adaptability, and collaboration, Mohammad Alfawazi, CHRO, Tabuk Pharmaceuticals Manufacturing Company fosters a team environment that thrives on innovation and shared goals. Find out more from his recent interview with Anushree Sharma.

#AI is transforming #healthcare and specifically #pharma by automating data so scientists, doctors and researchers can focus more time on developing drugs. According to Director Alexander Despo, who recently sat down with Mergers and Acquisitions - themiddlemarket.com's Demitri Diakantonis, “Data businesses are really important when you think about real world data.” Read more from their conservation on how AI can improve pharmaceutical drug development, including how “technology is critical” to drive margins, in Mergers and Acquisitions’ September/October edition here: https://lnkd.in/gs4YyXp8

GLP-1 Class Drugs: To Cover or Not? GLP-1 class drugs, primarily used for the treatment of type 2 diabetes, are highly sought after, given their effectiveness in managing blood sugar levels and promoting weight loss. Coverage of these drugs has even been seen as a recruiting strategy, particularly for potential employees who may be managing diabetes. However, industry turnover rates may impact the employer’s return on investment. Register now for @OneDigital’s exclusive Transform & Engage to join this timely session from pharmacy consulting expert @Richard Lo who offers the latest perspectives and considerations for this revolutionary class of medications. Washington, D.C.: https://lnkd.in/edA4nbWN #weareonedigital #transformandengage #makeitmatter #bestworkbestlife #workplacewellbeing

In the ever-evolving cannabis industry, where innovation and growth are constants, the true differentiator of success lies within our people. The Cannabis HR Council recognizes the pivotal role that each employee plays in shaping the future of cannabis, from cultivation to customer service, research to retail. As we navigate through regulatory changes, market expansions, and societal shifts, it's our dedicated workforce that keeps us grounded and thriving. It’s time we shine a spotlight on the unsung heroes of our industry. Employee appreciation is not just an annual event; it's a daily commitment to acknowledge the hard work, resilience, and creativity of our teams. It’s about fostering an environment where everyone feels respected, valued, and integral to our collective mission. Question: Why does employee engagement matter?   In a sector as dynamic and scrutinized as ours, the well-being and motivation of our employees is critical to maintain engaged, customer focused, and profitable businesses. They are not just employees; they are ambassadors of cannabis, advocates for its benefits, and pioneers in a field that is still defining itself. Question: How do you take action?  Implement continuous learning opportunities. Encourage open, transparent two-way communications. Provide platforms for employees to share their ideas and innovations. Recognize individual and team achievements in meaningful ways.   As we continue to break barriers and set new standards, let’s also lead the way in employee appreciation. Let’s create a culture that reflects the values of our industry: inclusion, innovation, and growth. The Cannabis HR Council is committed to supporting our members in developing and sharing best practices in employee appreciation. We believe that by investing in our people, we are investing in the future of cannabis. Ready to elevate your employee appreciation strategies? Join us in this important conversation and let’s grow together. Feel free to reach out to us at scheril@cannabishrcouncil.com or john@cannabishrcouncil.com! #employeeappreciationday #leadership #cannabishrcouncil Scheril Murray Powell, Esq. & John Calloway Jr