Cannabis New Job Statistics & Types of Work

Cannabis New Job Statistics & Types of Work

When it comes to discussions about job growth, particularly in the US, people typically focus on industries like healthcare, technology or manufacturing. However, as of late, the biggest boom has been around the cannabis job industry.  In 2019, the legal marijuana industry created 211,000 full-time jobs in the US – over 64,000 of which were added in 2018.   A New Frontier Data report estimates that the legal cannabis industry will create over a quarter of a million jobs by 2020 – which is more than the expected number of jobs to be created in utilities, manufacturing or even the government sector.  This report indicates that there will be more than 198,195 jobs in 2020 due to cannabis’s legalization.   Related Post What are some pure sativa strains of marijuana? A fourth annual cannabis jobs report released by Leafly indicates that 243,700 professionals in the US are currently employed in the cannabis industry as of Q1 2020.    We’ve just skimmed the surface – More Cannabis Job Statistics  In order to understand and appreciate the rate at which cannabis occupations are storming the US job market, it’s important to take into consideration some of the statistics collected in the last few years.   For instance, in 2016 the legal cannabis market was worth approximately $7.2 billion and projected at the time to grow at a 17% annual compound rate. Medical cannabis sales were projected to grow from $4.7 billion to $13.3 billion between 2016 and 2020.   These numbers are important – because they confirm that cannabis has been a major US economic driver by creating jobs…

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Source : seedman
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