When considering what’s on the horizon for new jobs in the U.S., only the industrial or healthcare sectors come to mind.
But there’s a seeming darkhorse. The real and one of the biggest booms of the time is happening in the cannabis market. Cannabis jobs on the rise in the U.S. is not really a surprise. Truth be told, so many states are legalizing it. Five more in the November 2020 election. New Jobs are created when a change like this occurs, and instantly there are more opportunities for jobless people because a newly emerging industry like cannabis is going to put a lot of startups into significant positions.
Legalization of cannabis:
In America, only two-third of the states have legalized cannabis use. Still, it is the fastest-growing job market in the USA. Cannabis directly involves more than 210k people, and when those who are working or are related to the job market indirectly, the figure crosses 300,000. More than 44% increase was seen in New jobs last year, and it is expected to more and more with time.
These are the actual numbers of 2019 new jobs count by cannabis information hub Leafly. We can imagine how fast-growing and how important this job market is for unemployed people. The concentration of cannabis jobs is higher and those states which have legalized the use of cannabis for both medicinal purposes and adult use.
New Jobs opportunities cannabis market holds for Job seekers
As the stats show that it is a very booming time for the cannabis market, new startups are need of experts of various fields. If you do it by the rules, you can also make a promising career out of it. The cannabis market offers a lot of new jobs, and any job seeker can explore these newly emerging job opportunities.
These new jobs offer the opportunity for technical and professional workers like accountants, marketers, lab workers and tax experts. The median annual salary for these professionals is higher at $58,511, which is 11% higher than the average overall yearly median wage in the U.S.
Even when the scheduling status at the federal level is one which is right next to the heroin and other drugs, it still is the market that is booming and creating new jobs. In 2018 according to statistics of Leafly, the legal sales and distribution increased by 34% in the U.S. It also shows how much potential the cannabis market holds and how big it will get is still not in the picture.
Not just highly skilled professionals and top technicians are needed by the industry. More people are needed to work as delivery drivers, security and other positions. People with all education levels can find a job in the industry. A law stops the movement of jobs out of the states. It is considered a benefit of cannabis jobs because it also prevents cannabis from crossing state lines.
The stats are showing that the cannabis market growth is not stopping anytime soon. It is bound to create new cannabis jobs for some time. In the U.S. not long ago the cannabis use was illegal, and now 35 states allow cannabis for medicinal purposes. Some of those and others allow for adult recreational use as well. With new needs come those who fulfil those needs, and with it, the need for workforce grows. It eventually leads to new jobs creation. The stats are promising for the cannabis market. Those who understand the potential are making investments on a higher level. They will eventually reap the benefits of this rapidly growing market, maybe sooner than later. It’s all in the numbers. The cannabis market is expected to reach $35 Billion by 2025.
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