Legal U.S.A. Cannabis Industry valued at $10.73 Billion


Job Growth Graph

 


Facts about Cannabis Industry Jobs in the U.S.A.


 

  • It's growing at a faster rate than any other industry, doubling in size over the past four years (America’s single greatest job creation engine).
  • The budding industry is employing ~300,000 full-time workers in the U.S. today (>211,000 directly & ~90,000 indirectly).
  • This industry has created nearly 121,000 full-time jobs (a 100% growth rate). 
  • Today there are about 3X's more people working in the legal cannabis industry than beverage & tobacco manufacturing (Bureau of Labor Statistics).

According to the Bureau of Labor Statistics, industries with the expected fastest-growing employment include:

  • Home health care aides = 47% growth over 10 years
  • Wind turbine technicians = 96% growth over 10 years
  • Solar voltaic installers = 105% growth over 10 years
  • Cannabis Jobs = 110% growth over 3 years (36 months!)


Cannabis Job Growth over 36 Months

2017 - Increased 21%   •   2018 - Another 44%.   •   2019 - Another 20% + growth.


 

  • California expects ~10,261 new cannabis jobs in 2019 (an increase of 21%).
  • Massachusetts expects >9,500 jobs added in 2019.
  • Florida expected to add >5,000 jobs in 2019 (state total to ~15,000 cannabis jobs).
  • Oklahoma expects to add >4,000 in 2020 (compared to zero in 2018, increased to >2,000 in 2019).
  • Arkansas expects 960 jobs by 2021 (up from 135).

In 2018 more than 64,000 legal cannabis industry jobs were added in the U.S. That's an increase of 44%!

  • Florida added >9,000 jobs in 2018 (a 703% increase), and medical cannabis patients grew from ~65,000 to 165,000.
  • Nevada had more than 7,500 jobs in 2018.
  • Pennsylvania had nearly 3,900 jobs in 2018 (up from ninety in 2017).
  • New York had more than 5,000 jobs in 2018 (278% growth).

Industry Growth 2018-2028

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