Legalizing the use of cannabis for either medicinal or recreational purposes has produced many positive results. The plant, itself, helps to ease the suffering of many people with debilitating medical conditions. Legalization and sales have provided state and local governments with tax revenue. It has even reduced strain on the judicial system by allowing law enforcement officers to focus efforts and allocated much needed resources elsewhere, thus reducing court costs by processing fewer non-violent offenders.
There may even be a greater benefit provided by the newly budding cannabis industry in the form of job creation. CannaInsider estimates that the legitimate cannabis industry will introduce 200,000 new jobs by the end of 2015.
Matt Karnes of GreenWave Advisors, an independent financial research company for the cannabis industry, agrees. He explained in the released statement,
“By 2020, assuming the most likely progression of state by state legalizaiton, we expect the combined (medical and adult use) retail marijuana market to reach $21 Billion. Jobs are just the beginning. A cultural shift towards the cannabis plant is taking place.”
CannaInsider released a list of some of the new job titles created with marijuana legalization in an effort to shed some light for those living in states where marijuana prohibition is still very present. The list includes the following job titles:
- Edible Artisan
- Lab Technician
- Extraction Technician
- Compliance Consultant
- Cannabis Tour Guide
- Software Developer
- Dispensary Manager
- Cannabis Attorney
- Packaging Designer
- Security Consultant
- Health Educator
Just as with any industry, some positions are at the bottom of the totem pole, while others are at the top. Head cultivators can make over $200,000 per year, while the average budtender makes closer to $30,000. An interesting point about the jobs in this industry is that they cover a wide spectrum. For example, there are positions representing the fields of science, technology, agriculture, culinary, law and more, all in one industry. As more states pass marijuana policy reform measures, more jobs will be created.
photo credit: theproscons