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Wednesday 24 April 2019

Cannabis and Job Creation

 
 
In 2023. NORML reports that 'The state-licensed cannabis industry added over 23,000 new jobs in 2023 and now employs over 440,000 full-time workers, according to data compiled by Vangst and Whitney Economics. Job growth increased more than five percent between 2022 and 2023, while retail cannabis sales grew over ten percent to $28.8 billion, authors reported. Year-over-year growth was especially strong in Michigan and more nascent adult-use markets such as Missouri, New Jersey, Connecticut, and Rhode Island. By contrast, ten states experienced negative growth during the past year. The report’s authors suggested that market saturation and waning demands for cannabis tourism likely played a role in those markets’ contraction. “Now more than ever, America’s cannabis industry is a state-by-state, region-by-region job market,” the study’s authors concluded. “Young markets in recently legalized states continue to expand and create employment opportunities, while labor demand in mature markets contracts along with revenue and profit margins.”
 
According to BusinessWire, "cannabis resource and marketplace Leafly released its fifth annual cannabis industry jobs report. The 2021 report shows that legal cannabis now supports a record-high 321,000 full-time American jobs across the 37 states with legal medical or adult use markets, and that the cannabis industry added 77,300 jobs in just the last year, representing a record 32 percent increase in year-over-year growth and creating jobs at a faster rate than any other American industry." That is double the job size in 2018, in a matter of just two years, with a pandemic in between and federal prohibition to boot. Only 23 US states have legalized cannabis fully. So that should give you an idea of cannabis' potential for job creation. And that is not just in the US, but globally.
 
Jobs cover multiple skill levels and educational backgrounds. The variety of job roles is large and includes growers, greenhouse managers, researchers, bud tenders, trimmers, extraction experts, distributors, media persons, dispensary and retail staff, test lab personnel, marketers, packagers, data and market analysts, technology experts, regulators, caregivers, etc.

Job sites like Monster and Indeed have reported a huge spike in demand for persons in the cannabis industry. In 2017 the number of job posts for openings in the cannabis industry increased by 445 percent, outpacing tech (254 percent) and health care (70 percent), according to ZipRecruiter. We are talking about just the US alone here and this is a country that has not even fully legalized cannabis federally.

When the world plunged into the doom and gloom of Covid, the cannabis industry continued to grow and employ increasing numbers of persons. The situation demonstrated the resilience, sustainability and the potential for the cannabis industry to bring long term growth and employment to large numbers of people.Worldwide the cannabis industry can lift economic activity and provide jobs to millions of people enabling them to lead good quality lives in a sustainable manner. World leaders and governments need to wake up and recognize the potential of the cannabis industry to generate sustainable environment friendly employment and economic benefit for all who associate with it.
 
If there is global legalization of cannabis, the number of jobs generated could potentially be in the range of hundreds of millions. This is across countries from the most economically well off to the most economically backward countries. The growth in international trade of cannabis could fuel another whole new set of job profiles and jobs. The numbers we are talking about are directly involved with the growth, processing and trade of cannabis itself. In addition to this, if we consider ancillary industries, what with the industrial applications of cannabis, cannabis tourism, cannabis events, accessories, synergy with wellness, food, beverage, medicine, etc we are talking about pervasive global impact in terms of job creation here. We are talking about job creation that involves products made from a renewable raw material, an agricultural crop that grows in even adverse conditions, that could provide solutions for global unemployment, unsustainable economics, climate change and environment damage. Now wouldn't that be a good enough reason to legalize the plant globally?

Related articles

The following set of articles related to the subject are taken from various media. Words in italics are the thoughts of yours truly at the time of reading the article.  
 
The state-licensed cannabis industry added over 23,000 new jobs in 2023 and now employs over 440,000 full-time workers, according to data compiled by Vangst and Whitney Economics.

Job growth increased more than five percent between 2022 and 2023, while retail cannabis sales grew over ten percent to $28.8 billion, authors reported. Year-over-year growth was especially strong in Michigan and more nascent adult-use markets such as Missouri, New Jersey, Connecticut, and Rhode Island.

By contrast, ten states experienced negative growth during the past year. The report’s authors suggested that market saturation and waning demands for cannabis tourism likely played a role in those markets’ contraction.

“Now more than ever, America’s cannabis industry is a state-by-state, region-by-region job market,” the study’s authors concluded. “Young markets in recently legalized states continue to expand and create employment opportunities, while labor demand in mature markets contracts along with revenue and profit margins.”

https://norml.org/news/2024/04/18/report-cannabis-industry-employs-over-440000-full-time-workers/
 
 
'An estimated 321,000 people now work in the legal cannabis industry in the U.S. That’s a 32% increase over last year, making it one of the fastest-growing sectors in the country.

The U.S. cannabis workforce now outnumbers dentists, paramedics and electrical engineers.

The marijuana industry is one of the very few sectors of the economy that has continued to grow amid the pandemic. As dispensaries and cultivation facilities were deemed as “essential,” the industry became a refuge for workers who had been laid off or furloughed.

Most of them came from the retail and restaurant industries, which are still struggling to get them back, even with adding various benefits upon the sign-up.

Even as the pandemic eased, cannabis jobs have continued to grow, adding nearly 80,000 jobs in 2020, more than double what it did the year before.'

https://safehaven.com/news/Breaking-News/The-Cannabis-Industry-Is-Looking-To-Fill-The-Employment-Gap.html


'Legal cannabis is America’s fastest-growing industry, with more than 321,000 jobs across dozens of states. If you’re curious about starting a cannabis career—or just want a job with decent pay and cool co-workers—budtending is an excellent way to learn the trade.

Leafly’s 2021 Cannabis Jobs Report found 321,000 full-time jobs in America’s legal cannabis industry. That report was published in Feb. 2021, and since then tens of thousands of jobs have been created in booming states like Michigan, Massachusetts, Missouri, Florida, Oklahoma, Ohio, Pennsylvania, and New Jersey.

It’s worth noting that nearly all of those states are east of the Mississippi River. America’s cannabis boom began in the West, but today’s hiring boom is happening in the East.'

https://www.leafly.com/news/industry/budtending-by-the-numbers-heres-where-the-jobs-are


'But nowhere is cannabis's promise greater — or the change it could forge as impactful — than in social equity, criminal justice, job creation and economic development.

Once considered a direct road to incarceration, especially for people of color, cannabis should be considered a viable path to the middle class. Where it once decimated communities and destroyed families, cannabis can be a reliable generator of tax revenue to fund social and public health programs. Cannabis used to put people in jail. Now it puts people to work.

Legal cannabis has already added about 340,000 new jobs to the nation's economy, according to New Frontier Data. If cannabis was legal in all 50 states and at the federal level, New Frontier estimates 1.46 million jobs would be created and as much as $175.8 billion in tax revenue could be generated.

As every other indicator moves forward at warp speed, state and local social equity programs, decriminalization efforts and criminal record expungement, and the creation of free and open local markets drag at a snail's pace. The people who laid the foundation for the legal industry (and went to jail for it) and the communities that were disproportionately (and negatively) impacted by the "war on drugs" will just suffer again. People (predominantly men of color) are confined in overcrowded prisons for doing in the past what corporate cannabis is praised for doing today. Local and state coffers, wiped out by COVID, miss out on tax revenue, job creation and economic development opportunities due to racist local control ordinances, arbitrary license caps and ridiculous "Not-in-my-backyard"-ism. '

https://thehill.com/changing-america/opinion/574321-america-is-changing-cannabis-tells-the-story


'Cannabis companies need advice on intellectual property, employment, taxes, license and regulatory compliance, lending and financial transactions, mergers and acquisitions, and a host of other specialty practice areas. That creates rich veins for lawyers to mine for billable opportunities.'

https://news.bloomberglaw.com/us-law-week/cannabis-practices-sprout-as-big-law-firms-follow-the-money

 
 
'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.'

https://mjbizdaily.com/cannabis-job-growth-fueled-by-sales-and-new-markets/


'In 2020 the cannabis industry was the fastest-growing industry in the U.S., despite the crippling economic effects of pandemic-related closures and quarantines. According to the Leafly 2021 Jobs Report, the cannabis industry added more than 77,000 jobs, marking a 32% increase from 2019. Astonishingly, cannabis workers now outnumber dentists, EMTs, and electrical engineers in the U.S., and cannabis sales are providing a valuable and consistent source of new tax revenue to struggling state and local economies.

Last spring, state and local governments across the nation deemed cannabis operators “essential” or “critical” businesses, authorizing them to remain open throughout the pandemic as long as they followed physical distancing and other public health guidelines. The “essential” designation was both a welcome lifeline for an industry frequently deprived of many of the benefits and resources enjoyed by other legal businesses, such as banking, insurance, and small business loans, and a milestone in the fight to destigmatize the industry.'

https://www.denverpost.com/2021/04/20/marijuana-businesses-essential-4-20-cannabis-colorado/


'The analysis, entitled Economic and Revenue Impact of Marijuana Legalization in NYS – A Fresh Look, estimates that legalization will yield $566 million in tax revenue in its first year of implementation (2023) – increasing to $2.6 billion by 2027. Authors further estimate that regulating commercial marijuana sales will create some 50,800 new jobs within four years.

They conclude: “Legalization has the potential to strengthen local economies and redress existing inequities in both urban and rural New York. The proposals advanced by the Governor and the legislature both aim to provide economic opportunities to communities that have been disproportionately affected by the war on drugs. Legalization could also open up small retail opportunities in urban neighborhoods throughout the state that have experienced widespread pandemic-related restaurant and other small business closures.”'

https://norml.org/news/2021/02/18/new-york-legalizing-the-adult-use-marijuana-market-likely-to-create-nearly-51000-new-jobs

 
'The marijuana industry added more than 77,000 jobs over the past year—a 32 percent increase that makes the sector the fastest in job creation compared to any other American industry, according to a new report from the cannabis company Leafly.

In total, there are now approximately 321,000 full-time jobs in the marijuana sector across 37 states that have legalized the plant in some form. The data bolsters one of the common, bipartisan arguments in favor of reform: legalizing and regulating cannabis is an economic plus.'

https://www.marijuanamoment.net/marijuana-industry-sees-record-jobs-gains-in-2020-despite-pandemic-new-report-shows/


'Why cannabis? In 2020, it’s one of the rare industries that’s alive and thriving. Jobs exist and companies are hiring.

Cannabis is one of the only industries that has reported a sales boom during the COVID-driven economic downturn. Hempstaff’s James Yagielo credits the industry’s sustained success in unpredictable times for the uptick in college-aged applicants his company has seen.'

https://www.leafly.com/news/industry/college-students-taking-a-covid-gap-semester-are-turning-to-cannabis-jobs


'By year’s end, nearly 300,000 employees are expected to be working in the state-licensed cannabis marketplace, according to an analysis by the news website Marijuana Business Daily.

Their analysis projects as many as 295,000 marijuana-related jobs by the close of 2020 – a total that is slightly higher than the total number of computer programmers working in the United States. The newsgroup projects that there may be as many as 470,000 cannabis-related jobs by 2022.

The estimates are in line with those published earlier this year by the online content provider Leafly.com, which at that time identified some 243,000 full-time employees in the state-licensed cannabis industry.'

https://norml.org/news/2020/07/30/state-legal-marijuana-industry-to-employ-nearly-300000-workers-by-years-end


'The number of people working in the U.S. cannabis industry is expected to jump to 240,000-295,000 by the end of 2020, slightly higher than the number of computer programmers employed in the United States.

The anticipated rise in cannabis employment represents a nearly 50% increase over 2019 levels, which was estimated at 165,000-210,000 in the newly released Marijuana Business Factbook.

Cannabis employees include people directly working in the sector, such as budtenders and extraction technicians, as well as employees of ancillary companies – think consultants and lawyers – who support the marijuana industry.'

https://mjbizdaily.com/chart-us-cannabis-employment-could-climb-nearly-50-in-2020-surpassing-computer-programmers/
 
 
'Today, cannabis resource and marketplace Leafly released its fifth annual cannabis industry jobs report. The 2021 report shows that legal cannabis now supports a record-high 321,000 full-time American jobs across the 37 states with legal medical or adult use markets, and that the cannabis industry added 77,300 jobs in just the last year, representing a record 32 percent increase in year-over-year growth and creating jobs at a faster rate than any other American industry.'  



'I think there’s more than 160,000 employees across the cannabis industry right now, and by 2022, the industry is expected to grow to around 340,000 full-time employees.

We did survey 1,500 people to put together a salary guide and one of the questions we asked was how much of their labor needs are seasonable versus otherwise, and they said about 30 percent.

As for the salaries, the on-demand jobs are very in line with other industries. When it comes to full-time jobs, outside sales jobs pay on average a salary of $73,000, which is in line with other outside sales jobs. On the higher end, a compliance manager can make $149,000, a director of extraction makes on average $191,000, and a director of cultivation on the high end can make $250,000.'
https://techcrunch.com/2019/01/24/jobs-platform-vangst-just-raised-10-million-to-plug-more-people-into-the-fast-growing-cannabis-industry/
 
 
'A new report from New Frontier Data projects that by 2020 the legal cannabis market will create more than a quarter of a million jobs. This is more than the expected jobs from manufacturing, utilities or even government jobs, according to the Bureau of Labor Statistics. The BLS says that by 2024 manufacturing jobs are expected to decline by 814,000, utilities will lose 47,000 jobs and government jobs will decline by 383,000. This dovetails with data that suggests the fastest-growing industries are all healthcare related.'
 


'Those who own large estates and fortunes, or who receive large incomes drawn from working people who go short even of necessities; and those who, like tradesmen, doctors, artists, clerks, scientists, cooks, writers, valets, and lawyers, live by serving those rich people like to believe that the advantages they enjoy result not from violence, but from an absolutely free and proper exchange of services. They like to believe that their advantages - far from being gained by beatings and murders such as took place in Orel and in many parts of Russia this summer, and that occur continually all over Europe and America - have no connexion with such violence. They like to believe that their privileges exist of themselves, and result from voluntary agreements among people, and that the violence enacted also exists of itself, and results from some general, higher judicial, political, or economic laws. They try not to see that they enjoy their advantages as a result of the very thing which forces the peasants who have tended the wood and are in great need of the timber to yield it up to a wealthy landowner, who took no part in tending it during its growth and is in no need of it - that is, the knowledge that if they do not give it up they will be flogged or killed.' - Leo Tolstoy - The Kingdom of God and Peace Essays

  • 'Passage of the 2018 Farm Bill sparked both sharp nationwide increases in licensing and explosive sales growth for 2019.
  • The issuance of U.S. hemp-cultivation licenses saw a year-over-year, nationwide increase of 364% (from 3,546 in 2018 to 16,462 in 2019).
  • Small family farms’ entry to the space drove licensing booms in some states, while other states saw the arrival of Big Agriculture interests in their markets.
  • In 2019, Tennessee led the trend with 3,200 new licenses, marking more than a 13x increase over its 226 in 2018. Conversely, Montana’s comparatively low 277 licenses in 2019 represent nearly 40,000 acres, averaging a Big Ag-style footprint of more than 144 acres apiece.
  • Traditional hemp states Colorado, Kentucky, and Oregon continue to lead in cultivation as the nation overall shows a projected 225,000 acres harvested in 2019, more than a 180% increase beyond 78,176 in 2018.'
https://newfrontierdata.com/marijuana-insights/increases-in-state-issued-hemp-licenses/


'Using CBD products as an onramp to a marijuana business also makes sense from a cash-flow perspective. When a state legalizes cannabis and announces a future date for its sale, companies need to hire employees, rent space, find distribution etc. There can be delays in licensing and other issues. Selling hemp-based CBD products while the company waits for the THC business to kick in, provides an income stream to draw from.'
https://www.forbes.com/sites/julieweed/2019/08/24/cbd-companies-positioning-themselves-for-cannabis-legalization/


'In fact, according to advocates of small cannabis businesses, if the sector evolves under the right conditions, craft will be the future of the marijuana sector.

Conversely, they say, under the wrong conditions, craft will perish and leave the space to a handful of cannabis conglomerates.'
https://mjbizdaily.com/craft-cannabis-is-the-marijuana-industrys-small-batch-sector/


'There is little industry-wide consensus on cultivation best practice. Some outdoor growers might divert streams to water crops, whereas others pursue dry farming, which uses no irrigation. Indoors, growers sometimes choose cooler, light-emitting diode (LED) lights to substantially decrease water use. Meanwhile, others simply expand small, energy-intense facilities into larger operations. “There is a wide range of energy efficiency,” Smith says. “Outdoor crops planted from seeds might have a zero footprint, while old-style indoor cultivation can be 500 times more energy intensive.”'
https://www.nature.com/articles/d41586-019-02526-3


'For years, the popular image of cannabis growers has been scruffy hippies getting high on their own supply in a disorganized underground economy, rather than shiny white industrial agriculture facilities. Even larger-scale operations involved minimal quality control or lacked formal record keeping.

But as legal medical — and increasingly, recreational — cannabis becomes more widespread, the cannabis industry is becoming more professional. By adopting the methods and rigour of plant science and analytical chemistry, it is ensuring that it can produce safe, consistent and high-quality products for a fast-growing and lucrative market.'
https://www.nature.com/articles/d41586-019-02527-2


'If the bill is passed and assented by the President, cannabis plantation will generate income far more than oil as cannabis now has various benefits and value chain in pharmaceutical industries for drugs and cosmetic manufacturing as well as other research purposes for institutions, saying by so doing it will create employment for the teeming youths in Nigeria.'
https://www.sunnewsonline.com/the-bill-to-legalise-medical-use-of-marijuana/


  • By 2020 the $8.5 billion U.S. marijuana industry is expected to create 250,000 new jobs, according to New Frontier Data.
  • In 2017 the number of job posts for openings in the marijuana industry increased by 445 percent, outpacing tech (254 percent) and health care (70 percent), according to ZipRecruiter.
  • Fast-growing new careers driven by marijuana legalization include director of cultivation, budtender, dispensary manager, director of extraction and trimmer.'
https://www.cnbc.com/2018/12/06/five-hot-new-careers-created-by-marijuana-legalization.html



'Despite growing popular sentiment favoring cannabis, the industry’s legal status remains tenuous at the federal level.

However, there’s another force at play that’s much stronger than public polling and political prognostication: businesses and employers. Investment in hiring is one of the strongest indicators for business confidence as it requires a substantial long-term investment of time, effort and money.

In this analysis, we consider the state of the job market for the cannabis industry. How many jobs are available today? Which employers are hiring today, in what U.S. cities and how much pay do they offer? As the industry grows, how will increasing regulatory scrutiny and business opportunities shape its needs for talent? Glassdoor’s dataset of millions of job postings and salaries grants a unique view of how the growing cannabis industry’s job market is evolving.'
https://www.glassdoor.com/research/cannabis-talent-heats-up/


http://flamagazine.com/forbes-legal-cannabis-will-create-one-million-jobs-by-2025/
 
 

'The condition of Christian humanity, with its fortresses, cannon, dynamite, rifles, torpedoes, prisons, gallows, churches, factories, custom-house and palaces, is really terrible. But neither the fortresses nor the cannon nor the rifles will attack anyone of themselves, the prisons will not of themselves lock anyone up, the gallows will not of themselves hang anyone, nor will the churches delude anyone or the custom-houses hold anyone back, and the palaces and factories do not build themselves or maintain themselves. All this is done by people. And if they once understand that there is no necessity for all these things, these things will disappear.

And men already begin to understand. If they do not all understand, the leaders among them do - those whom the rest will follow. And what the leaders have once understood they cannot possibly cease to understand. And what the leaders have understood the rest of mankind not only can, but inevitably must, understand too.

So that the prediction that a time will come when men will be taught of God, will cease to learn war any more, and will beat their swords into ploughshares and their spears into pruning-hooks (which translated into our own tongue means that all the prisons, fortresses, barracks, palaces, and churches, will remain empty, and that all the gallows, guns and cannon will remain unused), is no longer a dream but a definite new form of life, to which humanity is approaching with ever-increasing rapidity.' - Leo Tolstoy - The Kingdom of God and Peace Essays


'Exports would require cultivation, growth, harvesting, testing, packaging and delivery of cannabis, of course. This would create thousands of jobs in a chain that ultimately leads to overseas sales. The jobs could lure back some of the 1 million or so Georgians who are working overseas for lack of opportunities at home.'
https://www.entrepreneur.com/article/321898


'With $989.7 million in total contributions to the economy—including auxiliary businesses that supply, outfit, and shelter cannabis companies—the industry also brought 8,300 full-time equivalent jobs to the state, the Nevada Dispensary Association said. Of that sum, the industry generated $443.3 million in direct, indirect, and induced labor income.'
https://www.leafly.com/news/industry/nevada-sells-more-than-500-million-in-cannabis-in-first-year


'“If a small community like this isn’t growing, it’s dying — and that’s what we were doing,” Mr. Williams said. “We needed to do something.”

The City Council in this solidly Republican community of 5,000 people has approved 81 permits for cannabis businesses since 2015. Four stores are selling marijuana to the public — about 100 times the number of dispensaries per person over the entire state. Almost every block in Needles has a run-down building like the old Relax Inn, which is being converted into a cannabis growing facility. Or a new building going up for manufacturing oils and edibles. If all the projects pan out, local officials hope they will generate more jobs — an estimated 2,100 — than Needles has altogether right now.'
https://www.nytimes.com/2018/12/09/business/cannabis-business-needles-california.html


'Including the due diligence of factoring in relative risks, the report details how, if fully realized, cannabis operations on tribal lands could increase jobs by up to 30,000 positions, generate hundreds of millions in wages, and lower unemployment rates among Native Americans nationally by 0.5% (from 8.5% to 8.0%). The bottom-line assessment is that by embracing the legal cannabis market, related Native American businesses could generate up to $2.5 billion dollars in revenue by 2025, generating a total of $5.0 billion in economic activity within Native American communities. '
https://newfrontierdata.com/marijuana-insights/can-cannabis-offer-remedy-chronic-economic-woes-among-native-american-communities/
 
 

'Those who do violence (that is, those who take part in government) and those who profit by violence (that is, the rich) no longer represent as used to be the case the flower of our society and the ideal of all human well-being and grandeur towards which all the violated used formerly to strive. Now very often the oppressed do not strive to gain the position of the oppressors or try to imitate them. On the contrary, users of violence often voluntarily renounce the advantages of their position, choose the condition of the oppressed, and try to resemble them in the simplicity of their life.

Not to speak of the now openly despised duties and occupations - such as those of spies, agents of the secret police, usurers, and publicans - a large number of professions held by users of violence, which used to be considered honourable (such as those of police officials, courtiers, officers of the law, administrative functionaries, the clergy, the military, the monopolists and bankers) are no longer accounted honourable by everyone, but are even condemned by a certain much respected section of people. There are already people who voluntarily abandon these positions which were once accounted irreproachable, and prefer less advantageous positions not connected with violence.' - Leo Tolstoy - The Kingdom of God and Peace Essays



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