Colorado’s unemployment rate is still the lowest in the nation at 2.3 percent (the national unemployment rate continues to hover around 4.4 percent). Marijuana Business Daily estimates that there are currently between 165,000 and 230,000 full- and part-time workers employed in the cannabis industry. However, it’s difficult to precisely measure the number of people who benefit either directly or tangentially from the legal cannabis industry. For instance, when a new dispensary is being built, the contractors involved are benefitting from legalized cannabis, even if they’re not technically employed by the industry. And when you consider all the service industry employees who’ve benefitted from cannabis tourism, the impact on the economy is nearly impossible to calculate.
New Frontier Data has projected that by 2020, the cannabis industry will create more than 250,000 jobs. “These numbers confirm that cannabis is a major economic driver and job-creation engine for the U.S. economy,” said Giadha Aguirre De Carcer, Founder and CEO of New Frontier Data. “With projected total market sales to exceed $24 billion by 2025, and the possibility of almost 300,000 jobs by 2020, it remains a positive economic force in the U.S.”
Given the fact that the industry, for the most part, has existed for less than a decade, its contribution to the economy is extraordinary.
The Green Solution is exceedingly proud to be a major employer in the cannabis industry, and we’re always looking for the best and the brightest to join our team. Interested? Check out our available jobs at https://tgs-management.com/, and make your future greener. You’ll be glad you did.