Press Release

Groundbreaking Coalition Enhances 401(k) Solutions for Cannabis Industry

Issued by Leading Retirement Solutions

Sept. 30, 2024

We are pleased to announce a groundbreaking collaboration enhancing our longstanding, secure, and compliant 401(k) solutions tailored specifically for the cannabis sector.

There are very few retirement plan providers serving the cannabis industry, and even fewer that can do so in a compliant manner. We have joined forces with top-tier service providers to form a coalition that understands the unique hurdles cannabis businesses face, especially when it comes to complex financial regulations. By leveraging our combined expertise and resources, we have developed a 401(k) solution that not only meets regulatory requirements but also provides a secure and reliable retirement savings platform for employees.

Key features of our 401(k) solution include:

• Compliance and Security: Adherence to all relevant federal and state regulations, ensuring the highest standards of security and compliance.
• Tailored Investment Options: A diverse range of investment options designed to meet the specific needs and goals of employees in the cannabis industry from the most recognizable investment managers in the industry including CITs, mutual funds, target date funds and more.
• Expert Support: Access to a team of dedicated retirement plan specialists who understand the unique dynamics of the cannabis sector.
• Employee Education: Comprehensive educational resources to help employees make informed decisions about their retirement savings.

This coalition of service providers will continue to advocate for retirement savings solutions tailored to the cannabis industry, as we have consistently done for many years. Together, our collective advocacy will amplify our impact and pave the way for a more inclusive and supportive financial landscape.

About Leading Retirement Solutions: Leading Retirement Solutions is an industry leader in innovative retirement plan solutions for businesses. LRS focuses on improving retirement strategies by offering custom-fit solutions and nontraditional investment opportunities. Their services include plan design, plan administration, recordkeeping, consulting, and more. Leading Retirement Solutions prides itself on helping fellow women-owned business, not for profit organizations, cannabis and small businesses through tax sheltering and employee benefits.

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