Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Report: Legal Marijuana Industry Employs Over 321,000 Full-Time Workers

Jobs in the state-licensed Cannabis industry rose 32 percent during the past 12 months, and the industry now employs over 321,000 full-time workers, according to data compiled by Leafly.com.

According to its 2021 report, the regulated cannabis industry added approximately 78,000 new jobs over the past year. Authors of the report acknowledged that the industry’s increased growth was especially notable because it occurred in “a year marked by a global pandemic, spiking unemployment, and economic recession. … Outside the cannabis industry, the US economy shrank by 3.5 percent, the unemployment rate almost doubled, and nearly 10 million Americans saw their jobs disappear.”

To put the 2021 job totals in perspective, authors write: “In the United States there are more Legal Cannabis Workers than electrical engineers. There are more legal cannabis workers than EMTs and paramedics. There are more than twice as many legal cannabis workers as dentists.”

States adding the greater number of new cannabis-related jobs were California (23,707 jobs), Florida (14,891 jobs), Michigan (9,216 jobs), and Illinois (8,348 jobs). Overall, the total number of full-time jobs in the licensed cannabis industry has risen nearly three-fold since 2017.

Cannabis sales similarly reached all-time highs in 2020, bringing in record levels of tax revenue. “During a year that saw many sectors of the American economy constrict, we witnessed historic economic growth in the legal cannabis industry,” NORML’s Deputy Director Paul Armentano said. “The dramatic rise in the number of players participating in the state-legal cannabis space, and in total sales, is a result of more consumers transitioning from the illicit market to the above-ground legal marketplace. As more legal markets come on board and mature, consumers are going to continue gravitate toward it and away from the underground marketplace.”

Read the full 2021 report here.

Like this:Like Loading…

Originally Published on 2021 02 16 by NORML | NORML


Thank you for joining us today for our latest news post. If you have any questions or comments about this post, we’d love to hear from you in the comments! Join the FindHempCBD.com newsletter to stay up to date on the latest Industry News and keep an eye out for our next news article!


Disclaimer: This content was sourced from NORML and republished to our website to add value and additional content for our readers. In order to maintain the safety, functionality, and integrity of FindHempCBD.com, the sourced content may have been altered. To access the original content, please click the link below:
https://norml.org/blog/2021/02/16/report-legal-marijuana-industry-employs-over-321000-full-time-workers/


This post first appeared on Find Hemp CBD, please read the originial post: here

Share the post

Report: Legal Marijuana Industry Employs Over 321,000 Full-Time Workers

×

Subscribe to Find Hemp Cbd

Get updates delivered right to your inbox!

Thank you for your subscription

×