Cannabis is a booming industry, and Leafly’s 2020 Jobs Report shows over 243,700 Americans are now employed by cannabis. That’s 15% higher than the prior year and represents a healthy portion of the population. Arizona ranks sixth, accounting for 15,059 jobs.
It’s especially impressive considering we live in a state where Governor Doug Ducey received a D rating (one of the lowest in the nation) for his anti-cannabis views.
The legal cannabis industry is a $10.73 billion industry and has outgrown every other industry in job growth over the past four years. In fact, when combined with U.S. Deparment of Labor statistics, we can see just how much of a positive impact cannabis has already had compared to other industries.
There were only 121,000 full-time jobs in cannabis in 2016, meaning employment doubled in this sector. It’s somthing you can bet will be ignored in this year’s federal election.
Arizona’s medical program is growing and showed a 25% gain in 2019 to a record-breaking 82 tons of medical marijuana consumed. That number is even more impressive when you realize the biggest growth was in concentrated forms.
And of course if you read my blog, you know I’ve long harped on the Arizona MMJ market for overcharging Arizona patients like myself.
Still, it’s nice to know the local economy is booming, as I do love my cannabis. We’re also seeing some much-needed upgrades to the Arizona Department of Health Services Medical Marijuana Program that will include more transparency for patients.
By the end of 2020, new testing rules will finally be in place for medical patients and we’ll know for sure whether recreational cannabis will be legal in this state. It’s an exciting start to a new decade and a new outlook on pot. We’re even getting new studies, despite controversies that are rocking some of the biggest companies in the industry.
The irony of the report is that Leafly itself laid off 54 employees at the start of 2020, which represents 18% of its staff.
Check out the full 2020 Leafly Jobs Report here.