Cannabis job growth fueled by sales, new markets Published 4 mins ago

Cannabis job growth fueled by sales, new markets Published 4 mins ago

Author: mjbizdaily

Job growth in the cannabis industry will be fueled by sustained sales growth and the launch of new state markets, especially on the recreational side of the business.

According to analysis from the 2021 MJBizFactbook, the marijuana industry will employ 340,000-415,000 full-time equivalent workers across the United States in 2021 and grow to 545,000-600,000 by 2025.

These figures account for workers directly employed by cannabis businesses, including budtenders and extraction technicians, as well as employees of ancillary companies that support the marijuana industry such as consultants and lawyers.

The retail sector constitutes most of the jobs in the cannabis industry, driven by requirements in nearly all states to sell marijuana – both adult use and medical – in distinct physical locations.

Unlike alcohol, marijuana cannot be sold alongside other goods in traditional retail outlets such as a grocery or drugstore.

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