Leafly Looks at the Cannabis Job Growth Boom

Leafly’s Bruce Barcott and Beau Whitney of Whitney Economics have published a detailed look at cannabis job growth, Special Report: Cannabis Jobs Count. The report breaks down the 296,000 jobs across the country as being part of either the direct and indirect cannabis industry and also includes what the authors call “induced” jobs, which are local community jobs supported by wages spent by cannabis employees. Direct jobs alone represent over 211,000, according to the report.

The fastest growing state for cannabis jobs in 2018 was Florida, which added over 9000. Here are the top states ranked by jobs added over the past year:

Leafly predicts that the states with the largest number of job additions in 2019 will include California, Massachusetts, Florida, Oklahoma and Arkansas, providing estimates for each of them.

The report also includes an Appendix, which lists cannabis jobs state-by-state, breaking them down by direct, indirect and induced and also providing individual market data.

Published by Alan Brochstein, CFA
Alan Brochstein, CFA
Based in Houston, Alan leverages his experience as founder of online community 420 Investor, the first and still largest due diligence platform focused on the publicly-traded stocks in the cannabis industry. With his extensive network in the cannabis community, Alan continues to find new ways to connect the industry and facilitate its sustainable growth. At New Cannabis Ventures, he is responsible for content development and strategic alliances. Before shifting his focus to the cannabis industry in early 2013, Alan, who began his career on Wall Street in 1986, worked as an independent research analyst following over two decades in research and portfolio management. A prolific writer, with over 650 articles published since 2007 at Seeking Alpha, where he has 70,000 followers, Alan is a frequent speaker at industry conferences and a frequent source to the media, including the NY Times, the Wall Street Journal, Fox Business, and Bloomberg TV. Contact Alan: Twitter | Facebook | LinkedIn | Email

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