The marijuana industry has grown significantly these last few years. A good way to determine just how rapidly it has grown is to look at how many employment opportunities the industry has created thus far.
A new report by Leafly reported that roughly 280 new marijuana jobs are created every day. Cumulatively, this added up to an estimated 428,000 jobs by January 2022, making this particular industry one of the fastest-growing employers in the United States. This growth is particularly impressive if someone considers that it has been less than a decade since the states of Washington and Colorado began legal weed sales.
It also makes the marijuana industry and other related industries, such as legal work and marketing, good places to look for jobs.
Among all the states, California is the largest employer in the marijuana industry, which has created approximately 83,000 jobs. The states of Colorado, Michigan and Illinois are also top employers, employing about 38300, 31100 and 28900 individuals respectively. However, analysts expect that the states of New Jersey and New York will rise among the ranks of marijuana employment as soon as legal cannabis sales commence.
Common jobs in the marijuana industry include the following:
Edibles make up a significant share of the marijuana market. The marijuana industry is a creative one, with entrepreneurs continuously creating new types of marijuana-infused baked goods, gummies, beverages, tea and candy.
Budtenders usually work at dispensaries, answering any queries that consumers may have and recommending cannabis strains that might best meet consumers’ needs. Being a budtender requires a combination of strong customer service skills and cannabis knowledge.
To be the manager of a dispensary, you need to possess in-depth knowledge of the cannabis business as well as have strong business skills, especially in retail.
As more cannabis businesses deliver their products to customers’ homes, the need for delivery people or a company that offers delivery services grows.
Cannabis manufacturers and dispensaries often require licensed security guards to ensure safety at their facilities.
Leafly expects that as more states legalize marijuana and if Congress makes weed legal federally, full employment in the industry will surpass 1.5 million jobs.
One can also accurately determine marijuana’s impact on the economy by quantifying the tax dollars generated from marijuana sales. Recent data shows that in the 2014–21 period, the industry generated about $11 billion in sales in both local and state jurisdictions.
As the jobs report shows, industry players such as Flora Growth Corp. (NASDAQ: FLGC) are contributing the community development by, among other things, availing high-paying jobs to residents.
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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
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