Report: 165,000 -230,000 People Employed by Marijuana Industry in the U.S.

The legal marijuana industry in the United States employees a massive number of people, according to a new report.

According the 2017 Marijuana Business Factbook released today by Marijuana Business Daily (MBD), the legal marijuana industry employees between 165,000 – 230,000 full and part-time employees. “To put this in perspective, there are now more marijuana workers than there are bakers or massage therapists in the United States,” states the report. There are also more marijuana workers than dental hygienists.

The report found that retail sales of medical and recreational cannabis in the United States “are expected to hit $5 billion-$6 billion this year and surge to as high as $17 billion by 2021”. According to MBD, the rapid rise of the recreational market, legalization in new states and further development in existing MMJ programs will spur much of that growth.

Read moreReport: 165,000 -230,000 People Employed by Marijuana Industry in the U.S.

100,000 – 150,000 Jobs Created by Legal Cannabis Industry in U.S.

Legal Cannabis industryThe legal cannabis industry employs between 100,000 and 150,000 people in the United States, according to the 2016 Marijuana Business Factbook, a report published by Marijuana Business Daily.

The report includes those employed at recreational cannabis and medical cannabis retail outlets, cultivation centers, testing labs and production centers.

To determine the number of jobs created, the report used a calculation that estimated the number of legal cannabis businesses, and the average number of people they employ, to come to a total; they included both full and part-time positions.

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Marijuana Businesses Now Employ Over 100,000 People in the United States

By Eli McVey, Marijuana Business Daily

The U.S. marijuana industry has quickly become a major job generator, with cannabis-related companies now employing an estimated 100,000 to 150,000 workers.

The estimates – released in the 2016 Marijuana Business Factbook – include employment at retailers, wholesale grows, infused products/concentrates companies, testing labs and ancillary firms focused primarily on marijuana.

It’s an impressive feat for an industry that has, for the most part, only been operating legitimately since 2009, and it underscores the rapid growth in the both the number and size of companies in the sector.

Read moreMarijuana Businesses Now Employ Over 100,000 People in the United States

New DEA Chief to Focus Less on Cannabis, May Improve Methods to Reclassify and Declassify Cannabis

By Marijuana Business Daily

The incoming head of the Drug Enforcement Administration reportedly will focus less on marijuana and instead put more resources toward harder drugs such as heroin, which could relieve some pressure on cannabis businesses in states without strong regulations on the industry.

Chuck Rosenberg – who served as chief of staff to the director of the FBI – was named to the DEA’s top spot on an interim basis by newly appointed Attorney General Loretta Lynch. Rosenberg is expected to remain in the position while President Barack Obama is in office, according to the Los Angeles Times.

Read moreNew DEA Chief to Focus Less on Cannabis, May Improve Methods to Reclassify and Declassify Cannabis