California’s #1 Growth Industry Needs Skilled Candidates
Explosive growth of the cannabis industry means employers are looking to hire more skilled candidates from hospitality, business and computer science backgrounds.
According to Arcview Market Research (AMR) the adult-use cannabis market is set to triple in size over the next four years from $6.9 billion to $21.6 billion as California, Colorado and Washington continue to set a blistering pace in the wake of favorable legislation.
Medical sales in Florida and other states also support the trend, which analysts say still relies heavily on California (31%) for a large part of its volume to-date.
California is on track to continue leading the market in Medical and Recreational cannabis sales for the next five years. Colorado, Washington, and Oregon are in the Top Ten markets (of this growth industry) along with Massachusetts, Michigan, Maryland, and Missouri.
The total amount raised by cannabis companies since the start of 2016 is $1.9 billion