skip to Main Content
US Marijuana Industry Hits All-Time High

The legal cannabis industry is thriving in the U.S., reaching its highest-ever number of jobs and sales, a new report shows.

Vangst, a cannabis industry job platform, found that at the beginning of the year, there were 440,445 full-time-equivalent jobs in the legal cannabis industry—a 5.4 percent increase from 2023. Annual sales of legal marijuana, recreational and medical, increased by 10.3 percent to $28.8 billion last year, it added.

Legal cannabis use across the U.S. has surged over the past decade, and jobs in the industry are at a high. In 2014, Colorado became the first state to legalize the sale and use of marijuana for recreational purposes. Prior to that, the drug had been permitted for medical usage in a small number of states. Almost half of all U.S. states and territories have now approved cannabis for recreational use. But despite the liberalization of state laws, marijuana continues to be illegal under federal law.

California tops the table for the most marijuana jobs per state as of March, with 78,618 positions, Vangst reported. Michigan has 46,746 jobs in the sector, placing it second. Florida, with 30,238 jobs, ranks third—up from fourth in February 2023—despite being a medical-use-only state.

[Read more at Newsweek]
This Post Has 0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Stories

‘Seize all cannabis’: Inside the surprising federal crackdown on New Mexico weed farmers

U.S. Customs and Border Protection has been seizing cannabis in the southern part of the state, sparking tensions with Democratic Gov. Michelle Lujan Grisham. Drug cartels and human traffickers aren’t…

Final Version of CT Bill HR 5150 Takes Shape

Following a flurry of activity that completely altered the sweeping cannabis/hemp bill currently under consideration by Connecticut’s Senate, HB 5150 was decisively approved yesterday by the full House by a…

Senate Democrats Reintroduce Legislation to Legalize Marijuana

Senate Democrats reintroduced broad legislation on Wednesday to legalize cannabis on the federal level, a major policy shift with wide public support, but it is unlikely to be enacted this…

DEA Will Reschedule Cannabis to a Schedule III Drug: What Happens Now?

By Hilary Bricken, Steve Levine & Marshall Custer The biggest legal shift in the cannabis industry in decades just occurred on the heels of the Drug Enforcement Administration’s (DEA) proposal today for cannabis…

More Categories

Back To Top
×Close search
Search