Should Cannabis Ventures Share 15% of Annual Profits with Employees for Greater Success?

Should Cannabis Ventures Share 15% of Annual Profits with Employees for Greater Success?

In my mid-career in plant development, I offered students (farm workers) 15% of total profits generated from the farm’s hard work. This incentive boosted morale and productivity, creating a stronger, more motivated team.

 

Could forward-thinking CEOs and boards in the cannabis industry implement similar profit-sharing incentives to align employees with shared goals and improved outcomes?

 

How can we demonstrate the tangible benefits of such incentives in fostering a collaborative, growth-oriented work culture?

 

Is there really any standard operating procedure (SOP) for building a progressive workplace culture, or is it time for something new?

Let’s discuss.

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