Wurk Secures $11 Million in Funding to Facilitate Further Expansion and Support the Growing Cannabis Workforce
Summary
Wurk plans to utilize the capital to enhance the client experience while expanding its cannabis HCM platform, including the launch of managed services. "Our technology ecosystem allows cannabis companies to recruit, retain and optimize the efficiency of their rapidly growing workforces," said Keegan Peterson, Founder and CEO of Wurk. "Multiple new states came online in 2018, and with a number of markets planning to implement a regulated cannabis program this year, the industry needs these critical business applications in place to support it at scale. "As investors focused on the cannabis space, we regularly see the HR, accounting, and tax challenges that startups in the industry face on a frequent basis. Designed specifically for the cannabis industry, our platform and managed services, allows employers to protect and streamline their operations, while providing an environment where people are a priority every step of the way.