Total Number of Cannabis Employees Reaches 243,700
The cannabis job market is one that has continued to expand the number of employees, despite the number of recent layoffs in the industry. Numbers on the industry, calculated by Leafly, revealed that the total number of cannabis employees prove that the industry is still expanding. At the moment, the medical cannabis and recreational adult-use cannabis industries employ a combined 243,700 individuals. Leafly, a company dedicated to cannabis news and cannabis data information processing, had to first figure out a way to get the data on cannabis employment.
The company started its annual job count so long about that there was no recognition by any U.S. labor statistics agency. Cannabis positions didn’t even have an assigned NAICS code, a code that is used by labor economists within their international classification system. Thankfully, the NAICS now recognizes cannabis jobs, but places them within the “Miscellaneous Store Retailers” category and the “Miscellaneous Crop Farming” category.
The report by Leafly contains an assortment of data on the cannabis industry and its distinctive 35 individual state cannabis markets and the cannabis market in the District of Columbia. The number one state for cannabis employment is California with 39,804 jobs and the second place state for cannabis jobs is Colorado with 32,705. After Colorado, there is a significant drop to the third place state of Washington with 23,756 employees. An explanation for the distinct lead in numbers held by California and Colorado is that they both had a much longer time in the cannabis industry as the industry’s firsts.
The cannabis industry has a job growth percentage of 100% over the past four years.
Curious about how you can make money investing in cannabis? Sign up for Cannin Free Access and subscribe to the Cannin Chronicle. We’ll keep you informed on all things cannabis and even help you determine which cannabis companies have the highest growth potential.
Total Number of Cannabis Employees Reaches 243,700
About Cannin: Cannabis and Hemp Investment Experts
Cannin is your trusted resource for information about Cannabis and Hemp investment opportunities. Our global team of experts evaluates emerging cannabis stock investing companies. We aggregate hundreds of hours of research and distill it down to make it easy for our investors to understand. Visit our site for cannabis investing news and featured companies, sign up for the free Cannin Chronicle or get a free trial of our automated trading subscription to take the guesswork out of profiting from this exciting industry. Profit from the best Cannabis and Hemp stocks – we’ll show you how.