The Cannabis Jobs Market Is Booming

This article was originally published on WeedWeek, and appears here with permission.

espite the COVID-19 pandemic having ravaged much of the broader U.S. job market – or, perhaps, because of it – the cannabis jobs market is booming. This year it has seen rises in both total positions and salaries, according to a new report.

CannabizTeam, which provides consulting and staffing services, released a third-quarter update this month to its 2020 Cannabis Industry Staffing Guide, which was released in January. The new report shows across-the-board growth within the industry, a trend it attributes to increasing competitive demand and a rise in multi-state operators seeking top talent.

“With so much pain and devastation caused by the global pandemic, the resilience of the U.S. cannabis industry has been one of the few bright spots so far in 2020,” CannabizTeam President and CEO Liesl Bernard wrote in the report’s intro. “Fueled by the ‘essential business’ designation from state and local governments, cannabis businesses have filled tens of thousands of new permanent and temp positions so far this year in a labor market where more than 30M U.S. workers have filed for unemployment benefits.”

The report cites several trends suggesting the growth won’t be short-lived.

Through July, legal U.S. cannabis sales totaled an estimated $9.5B. The report projects that total to reach $15.5B by the end of the year, which would surpass last year’s record haul estimated at $15B.

Retail workers have also seen a boost in their pay. The average salary for dispensary managers – through the first two quarters of 2020 – is $85,000, marking a 12% rise from 2019. In retail, budtenders, customer service positions, delivery drivers, supply chain management, janitorial and …

Full story available on Benzinga.com

More The Cannabis Jobs Market Is Booming