A marijuana industry report says that high-grade pot jobs are coming. We are talking about cannabis-related jobs that include those in operations management and legal compliance.
According to a report from Vangst, which is a job placement and recruitment agency that is focused on the marijuana industry, these jobs do not just exist in the white-collar world. These are some of the jobs that are also popular in a growing cannabis industry, which includes retail sales management and legal cannabis cultivation.
The report also notes that the cannabis industry is seen to grow an estimated 220 percent in 2019.
Aside from these, the number of grow house and bud tending jobs is growing. However, as the legal cannabis industry continues to professionalize, positions in compliance, operations, and finance are also opening up.
Moreover, according to Vangst, there is a 690 percent increase in overall cannabis industry job listings between Jan. 1, 2017 and Aug. 1, 2018. Of the jobs listed, many were offered until titles like director of extraction and director of cultivation.
Additionally, the average salaries in the cannabis industry increased 16.8 percent between 2017 and 2018.
Vangst also points out that many director-level positions require complex knowledge and training that is common in other industries. Take for example compliance managers who need to have an understanding if complex federal and state laws.
Finance directors, meanwhile, face a problem that is unique only to a very few other legal industries — the fact that cannabis companies are not yet allowed to do transactions with major banks and financial institutions.
The report’s study and salary ranges were based on data that were compiled from 1,200 marijuana companies around the United States. Vangst also used its own internal data from years of staffing the marijuana industry.
According to Vangst, it makes sense that cannabis-related jobs would be growing considering how quickly marijuana has been legalized in recent years across the country. Medical cannabis, more specifically, is now legal in 30 states, while recreational cannabis is legal in nine states.