How do you turn around and grow an economy quickly and effectively? Jobs. More and more jobs. While the Trump administration is showing signs of slowing down the growth of the marijuana industry, a new report projects that by 2020, the legal marijuana industry will create more than 250,000 jobs. That’s more than expected jobs from manufacturing, utilities, and government jobs, and this number does not include additional states that may vote to legalize between now and then.
The Bureau of Labor Statistics concluded that by 2024, jobs in manufacturing may decline by 814,000, utilities by 47,000, and government jobs by 383,000. In 2016, the legal marijuana market brought in around $7.2 billion. With a projected compounded annual rate of 17%, sales would increase to $13.3 billion by 2020.
Jobs in the marijuana industry go beyond growing, picking, and selling. When you create an industry from the ground up, you need support staff from start to finish. Just a few of the jobs the marijuana industry could create would be:
Many of those already in the marijuana industry report feeling happy for their employment. Not just for employment sake, but because working in a non-traditional industry, away from the cubicle corporate world is what many of those with marijuana-related businesses were looking for all along. While bringing in their own sets of challenges, the appeal of being their own boss more than makes up for the additional paperwork.
Do you have an “unusual job” related to the marijuana industry? Let us know!