April 29, 2022
Do you feel like the ship has sailed regarding the cannabis industry?
If so, don’t worry — the cannabis industry is just getting started. Although the best time to apply for a cannabis job was yesterday, now is the next best time.
Read along as we discuss the present and upcoming opportunities of the cannabis industry in North America. If you’ve been waiting on the sidelines because you think you’re late — continue reading below!
The Cannabis Industry is Growing Year Over Year
Numbers don’t lie, and one of the most important metrics of the cannabis industry is its staggering year-over-year growth.
In 2020, legal cannabis sales in the United States peaked at $17 billion. In 2021, marijuana sales maxed out at $25 billion.
As you can see, the year-over-year growth in revenue means one thing — the cannabis job market is hot. For example, 2021 added over 100,000 cannabis jobs, which was a 33% increase from 2020.
As we’ll soon see, 2022 will add significantly more jobs than last year. By solely viewing labor and revenue data, it’s clear that the cannabis industry has yet to take off.
Below, we’ll take a brief look at contributing factors that are responsible for the mind-bending growth of the cannabis industry.
Cannabis is Going Mainstream
It’s as clear as a bluebird day — cannabis is mainstream.
Unlike a decade ago, cannabis culture has broken through the veil that’s kept it cloistered in the underground scene. From the illicit market to one of the fastest-growing industries globally, cannabis is completely transformed at the social level.
Market data shows that wealthy individuals are prime customers in the cannabis industry. As such, many cannabis brands cater to upper-class clients unseen in the past.
Furthermore, medical marijuana has made a significant impact on elderly patients. Prior to legalization, elderly individuals were unlikely to consume cannabis products.
Now, however, older individuals make up a large share of clientele in the cannabis industry.
Ultimately, cannabis is no longer taboo (except in a few locations in North America). As such, finding a career in the cannabis industry is not only acceptable — it’s attainable.
Cannabis is on the Cusp of Being Federally Legalized
If you’re interested in working in the cannabis industry — you need to pay attention to the current legalization initiative — the MORE Act.
The MORE Act just passed the House of Representatives and is now headed to the Senate. If passed, the MORE Act will legalize cannabis at the federal level.
As you can imagine, the MORE Act would propel the cannabis industry to new heights. Whether it passes or not, the time is now to get situated in the cannabis industry.
Remember, it’s no longer a matter of if cannabis will be legalized at the federal level — it’s when.
More States are Adopting Legal Cannabis Laws
Without or without the MORE Act — more states are legalizing recreational and medical marijuana.
Although there are still a few holdouts, such as Idaho, it’s clear that the path of least resistance is in favor of cannabis legalization. Since there are still states so far behind in their cannabis initiatives, this clearly shows that you’re not late — you’re still early.
Below is a list of states that do not have legal cannabis — yet.
- South Carolina
Furthermore, here’s a list of states that currently have reduced cannabis laws that only allow CBD production:
As you can see, many states have yet to adopt legal recreational or medical marijuana laws. Instead of seeing this fact as a roadblock — you should treat it as an upcoming opportunity.
If you already have experience working in the cannabis industry — keep your eyes peeled on these states. Once they legalize — you’ll have an easy time landing a lucrative job in the cannabis industry.
As the cannabis industry expands — so do your opportunities.
Becoming a cannabis chef was unheard of a few years ago. Now, however, it’s quickly becoming a popular job for those in the culinary industry.
The same can be said for the retail, financial, and tech industries. In other words, your experience in your field may transfer over to the cannabis industry.
With so many new opportunities cropping up — there’s no better time than now to get yourself positioned in the cannabis industry.
The Cannabis Industry is Global
The moment you take a bird’s eye view of the global cannabis industry — you’ll realize that you’re very early.
Currently, there are only two countries in the world that offer fully legal cannabis: Canada and Uruguay. Although most states in the USA offer legal cannabis laws — it’s not yet legal at the federal level.
At the moment, everyone is looking at Europe. Aside from North America, Europe represents a massive group of potential cannabis consumers. As it stands, analysts believe that the European cannabis market will be worth a whopping $37 billion within the next five years.
As such, many American and Canadian cannabis companies are inking deals with European businesses to import marijuana products. As more countries legalize cannabis — your job opportunities in the cannabis industry will continue to grow.
Apply For a Cannabis Job Today
If you’re ready to leave your old job behind and head into an up-and-coming sector — look no further than the cannabis industry.
From cultivation to budtending and everything in between, the cannabis industry offers an exciting array of opportunities. By visiting Herb Career, you’ll find a bounty of cannabis jobs that are ripe for the taking.