jobs Archives - Green Market Report

StaffStaffDecember 11, 2019
marijuanajobfair-logo.jpg

6min10290

Considering the fact that the cannabis industry is still in its infancy on the grand scale, it comes as no surprise that this industry is still facing a variety of challenges and setbacks.

One of the many challenges that the cannabis industry is currently facing is appropriate levels of workforce and dealing with potential layoffs.

Let’s take a look at California as an example. California has over 7,000 licensed cannabis businesses. At the beginning of the so-called green rush we saw many businesses spring up and quickly hire as many people were trying to get involved in the industry as quickly as possible. Now you have many businesses that are laying off workers due to a combination of the intense regulations, competing with the low prices of the black market, and high taxes applied to Cannabis transactions.

A handful of well-known and respected companies in the cannabis industry were not immune to the challenges everyone in this business is facing and have also had to face layoffs of their own as well. This past October, Pax labs laid off 65 people. Pax Labs is known for manufacturing quality vaporizer pens for cannabis consumption. In that exact same month, Eaze reduced its workforce by one-fifth, which was approximately 36 employees. Eaze is a delivery platform based in the San Francisco area.
The very next month even more prominent names in the cannabis industry suffered some setbacks. Both Flow Kana and CannaCraft let go of nearly %20 of their own workforce. MedMen lost 190 employees that same November or 20% of its workforce.

Karson Humiston Founder & CEO of cannabis employment firm Vangst said, “This year, the industry’s faced a few hurdles with the vape crisis, falling stocks, and layoffs. Although there’s been a lot of noise about these obstacles, the industry is undoubtedly growing. Possibilities for job seekers are still increasing in every vertical and ancillary facet of the industry. Through the internal data collected for our 2019 salary guide, we recorded a 79% increase in total available job opportunities from 2018 to 2019. Businesses are continuing to hire not only for staple positions like budtenders, cultivators, extraction managers, and other plant-touching roles but are also hiring for ancillary roles like sales, marketing, and tech positions. Whether you’re looking to join the industry or already have cannabis experience, companies are hiring for a wide variety of skill sets. As more states continue to legalize, these opportunities will continue to grow exponentially.”

Now let’s not forget that we are still in the early stages of this industry and that we should anticipate challenges as it grows.

Consider this following data from Vangst. Vangst is known to be one of the top recruiting platforms in the cannabis industry.

– The cannabis industry is projected to create up to 414,000 jobs in the United States by 2021
– Between the years 2018 and 2019 there was a 79% increase in the total amount of available job opportunities in the cannabis industry and here in the United States.
– Projections show the potential for approximately 40% of the average company’s workforce to consist of seasonal employees and freelancers by the year 2020.

These are just a handful of examples that are backed by data that indicate the expected growth of the cannabis industry.

Here are some interesting bits of information when it comes to those applying for jobs in the cannabis industry and those looking to hire. This data is also from Vangst:

– Outside sales positions were the most applied for positions in the California cannabis industry. The most popular were the sales account manager positions.
– Sales, administrative, cultivation, and marketing are the top five most desirable positions in the cannabis industry that the majority of applicants desired in 2019.
– Marketing director and creative type positions in the cannabis industry where the most applied to positions in the state of Massachusetts the route 2019.
– The most sought-after cannabis industry jobs in the state of Nevada where those that were office administrative type positions in the year 2019.
– Packager positions are the most popular positions in the Cannabis industry in the state of Colorado. Jobs focusing around post-harvest duties received the most applications in the state of Colorado.

In summary, it is no surprise to see a degree of discomfort or growing pains as the cannabis industry begins to further proliferate. It is important to acknowledge and face these challenges while also looking toward the future with excitement as the data proves that there is still plenty of room for growth, profit, and the opportunity to help others in the cannabis industry.

 

This was a guest post by Noemi Gonzales.


Anne-Marie FischerAnne-Marie FischerSeptember 7, 2018
Workers.jpg

3min34850

This week, the first ever salary and jobs guide for the cannabis industry was released by Vangst. The platform, that considers itself “the Monster.com for weed jobs” used data from over 1200 cannabis companies (of which 70% offered medical cannabis programs) to create the snapshot of the state of jobs and salaries in the U.S. cannabis market.

Overall, the report shows that while U.S. job growth is fairly stagnant, jobs are booming within the cannabis industry, with a 690% growth in job listings between January 1, 2017, and August 1, 2018. Vangst forecasts the growth of cannabis jobs by and an additional 220% by 2019. Average salary increased 16.1% across the board between 2017 and 2018.

With this growth in jobs comes the opportunity for a more inclusive and diverse workforce.  “Given the industry is so young, current businesses and influencers in the space have the opportunity to build the cannabis industry into the most inclusive industry in the world,” says Vangst CEO Karson Humiston, “Cannabis businesses need to build diversity recruiting programs and prioritize building highly diverse companies from the start. While we are seeing many companies do this well, there is room for improvement.”

The salary section highlights common positions within the industry, positing salaries from the top, high, average, and low end. The positions that were analysed include Director of Extraction (low end salary $47,000, top salary $191,000), Director of Cultivation (low end salary $47,000, top salary $250,500), Compliance Manager (low end salary $45,000, top salary $149,000), Dispensary Store Manager (low end salary $41,500, top salary $98,000), Outside Sales Representative (low end salary $28,000, top salary $150,000), Budtender (low end $12/hr, top wage $16/hr), and Timmer (low end $11.50/hr, top wage $14.50/hr).

“We were surprised to see the drastic difference between low salaries and top salaries,” says Humiston, “It’s very clear the companies that are scaling the fastest are those which are paying on the high end and prioritizing recruiting top talent from other industries.”

In what areas can we expect to see the most growth? According to Humiston, “Cannabis technology companies are growing extremely quickly. The demand for CTOs, front and back-end engineers, product managers, business intelligence managers, and designers is rapidly increasing.”

The Jobs and Salary Guide can be found at https://vangst.com/.


Jack SmithJack SmithAugust 2, 2018
Workers.jpg

5min15711

Even though California recently surpassed the U.K. to become the world’s fifth largest economy, the cannabis economy in the Golden State could soon be surpassed by that of the Empire State, a new study shows.

The study, published by Joblift, shows that cannabis growth in California is “steadily declining,” while New York is experiencing strong growth. New York is now third in terms of gross domestic product and is experiencing a “surge in medical marijuana job postings,” with the study saying it could hold “the most potential for overall growth in the sector.”

Pennsylvania, Massachusetts and New York are seeing the most job growth, New York seeing two times more job postings (155 vs. 67) in the first half of 2018, compared to the prior year. Massachusetts and Pennsylvania are also seeing strong growth in job postings, with the Keystone State seeing a five-fold surge in openings to 82. Massachusetts saw a jump by a factor of four in the same time frame.

California, the first state to legalize medical marijuana, had 856 job openings last year, while Florida and New York rounded out the top three, with 295 and 236 openings, respectively.

“The medical marijuana sector is one that everyone should keep an eye on,” says Matt Kopjak, Managing Director of the US Market at Joblift said in a statement. “The medical sector, in general, is incredibly lucrative; medical marijuana should be no different. It has the potential to create employment opportunities for a wide variety of professionals and, based on our numbers, could prove to be a boon to the American labor market.”

A recent study by BDS Analytics, shows that marijuana is expected to be legal in 35 states by 2021, employ 414,400 people and generate $40 billion annually in profits.

The medical marijuana industry is experiencing strong job growth throughout the country, with a 24 percent jump in posting over the first half of 2018, compared to the first half of 2017. In total, there were 3,367 medical marijuana-related postings over the past 12 months.

Interestingly enough, the marijuana industry is actually surpassing the strong growth seen in the entire U.S. labor market, at a time of strong economic growth. On Wednesday, ADP said the U.S. economy created 219,000 jobs, easily surpassing economists’ expectations of 185,000. The U.S Bureau of Labor Statistics will release its official report on Friday.

It’s likely that a good percentage of jobs will continue to go towards medical professionals, such as doctors, nurses or pharmacists. Joblift determined that 15 percent of the aforementioned 3,367 job openings were for medical professionals. However, Joblift also notes that other areas will continue to see a surge in listings, such as delivery drivers, marketing and sales, graphic designers and other areas.

“While at present it seems that the industry favors highly-skilled workers, there are indicators that it will create opportunities across the board,” Joblift wrote in the statement.


William SumnerWilliam SumnerMarch 1, 2018
IMG_0799.jpg

4min32341

How do you get a job in the legal cannabis industry? That is the question asked by thousands of people every day hoping to break into the fledgling billion dollar industry, and it’s easy to see why. Cannabis has become legal, in some shape or form, in 29 US states and the District of Columbia and experts only expect that number to rise.

But with so many states to choose from, where do you go to find the best jobs in cannabis? To help that question, the online job search engine site ZipRecruiter recently published an overview of the cannabis job market, along with the Top 10 Cities for Cannabis Industry Jobs. Here’s what they found.

The State of Cannabis Employment

Overall, 2017 was a great year for cannabis employment. In the first quarter of 2017, approximately 345 job listings were added to the site, compared to just an average of just 200 per quarter in 2016. The number of job listings per quarter continued to increase throughout the year, peaking at 1548 new positions in the fourth quarter; which is due in part to the start of retail cannabis sales in California.

In the first quarter of 2018, 582 new positions were listed. Although that is a huge drop off from the previous quarter, it was still one of the best months for job growth in cannabis industry history.

Top 10 Cities for Cannabis Industry Jobs

In 2017, the top 10 cities for cannabis industry jobs were:

  1. Denver, CO
  2. Los Angeles, CA
  3. San Francisco, CA
  4. Seattle, WA
  5. Portland, OR
  6. Sacramento, CA
  7. Spokane, WA
  8. Miami, FL
  9. Chicago, IL
  10. Boston, MA

Unsurprisingly, eight of the top cities for cannabis jobs were in Colorado, Washington, Massachusetts, and California; states that have legalized recreational cannabis. Denver had the most, with 413 open positions, while Boston rounded out the bottom of the list with 67.

 

Top 10 Cities for Cannabis Industry Growth

But pure numbers aren’t everything, growth is important too. ZipRecruiter also took a look at the top 10 cities for cannabis industry growth. Here’s what they found:

  1. Spokane, WA
  2. Miami, FL
  3. Deltona, FL
  4. Baltimore, MD
  5. Dallas, TX
  6. Philadelphia, PA
  7. New York, NY
  8. Lincoln, NE
  9. Chicago, IL
  10. Pueblo, CO

Legal cannabis may be a hot commodity on the West Coast, but seemingly most of the industry’s growth is coming from the East Coast where states like Florida and New York have just begun to get their medical cannabis programs off the ground and look poised to legalize recreational cannabis in the coming years.

Regardless, with more states than ever before opening up to legal cannabis, the industry is set to experience explosive growth over the coming years; which means there is still more than enough room for those hoping to break into this burgeoning industry.


Debra BorchardtDebra BorchardtDecember 7, 2017
we-are-hiring.jpg

9min29870

It seems everyone wants to work in the cannabis industry. Indeed.com found that in 2017, the interest in searching for cannabis jobs grew by 401% in the United States. In Canada, marijuana job searches grew by 320%, outpacing tech inquiries which only grew by 90%.

Chart provided by Indeed.com.

It isn’t only job seekers flocking to Indeed, cannabis employers have increased job postings by 251% since November 2015. No surprise, California is leading the pack with 33% of the cannabis job postings as the state ramps up for full legalization in January. Colorado is in second place with 15% of the job offerings, but 19% of the job seekers want those gigs causing a talent mismatch. In other words, demand is higher than supply.

Chart provided by Indeed.com.
Cannabis Jobs Are Growing

Karson Humiston, Founder of cannabis job recruiting firm Vangst Talent and the job board Vangsters said that at the beginning of the year there were 121,000 full-time employees in the cannabis industry and that number has now grown to 149,308. In 2016, she said the average salary was $47,620 and that has now jumped to $53,212.

“The highest paid positions we’re seeing right now are on the cultivation side,” said Humiston. ”A head grower can make $102,000 a year, plus a production-based bonus. If production goals are met, the employee can often get a 30% bonus.” She also noted that a new trend is that employers are willing to pay to relocate an employee to a newly legalized state. “Some cultivation employees feel that states like Colorado have a saturated job market and they prefer a new state where there are fewer people with such skills,” Humiston added. It’s more promising for one’s career to be the big fish in a little pond.

Another area that is in strong demand for cannabis companies is on the technology side. She noted that many people from Silicon Valley are shifting over to cannabis where the pay is becoming more in line with traditional tech companies. “We have 15 jobs to fill for Baker and 10 of them are tech jobs,” said Humiston. “We’re pulling from some well-known tech companies.”

Cannabis Jobs Pay Better

Cannabis tech company Duber Partners found that for each employee in the cannabis industry there are 275 cannabis consumers. The jobs in the cannabis industry are also looking more lucrative than traditional jobs. For example, Duber found that dispensary budtenders (employees that assist shoppers in making purchasing decisions) make $7,000 more than bartenders. Cannabis grow masters earn twice as much as traditional farmers earn and concentrate extraction tech workers make twice as much as chemistry teachers. Breaking Bad’s Walter White chose the wrong product.

If you don’t live in a legalized state, you probably have no idea what these jobs pay. PayScale reviewed cannabis industry data and determined a median income snapshot for emerging jobs in the industry.

Job Title Median Pay Median Weekly Tips
Medical Marijuana Grower $38,000 $0
Retail Store Manager (Cannabis) $44,000 $0
Budtender $28,300 $98
Operations Manager (Cannabis) $43,500 $0

Marcie Robins, the founder of Kushie Jobs noted that many companies in California are waiting for the rules and regulations to be made official before committing to new employees. “Job seekers are really excited to get going,” she said. Another area that is growing in demand is culinary cannabis arts. “One of our job seeker’s is actually a classically trained Chef out of the cordon blue in Florence Italy,” said Robins.

The Intersection Of Cannabis And Traditional Jobs

Neither Robins or Humiston had any concerns about competition from Indeed. Both said they use the service and feel it just gives more credibility to the industry.

The Bureau of Labor Statistics currently has no coding in place to track cannabis industry jobs, but a spokesman for the BLS said there is still a plan to do so. It was originally expected to be rolled out by the end of 2017, but that hasn’t happened yet as the department awaits approvals for the new jobs coding.

While many legalized states have focused on the tax revenues that marijuana brings, new jobs could be the bigger bonus. The new jobs cause a ripple effect, where the employees begin spending their new income and the local economy improves as a result. The industry is also drawing workers that are ready to leave the traditional workforce for something new and exciting.



About Us

The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


READ MORE



Recent Tweets

@GreenMarketRpt – 1 hour

Check out the latest on ⁦@HempMarketRpt⁩ Top Selling Products On ⁦@LeafLinkUS⁩ #hemp…

@GreenMarketRpt – 1 hour

⁦@SocialClub_TV⁩ Gives Content A Home ⁦@WallandBroad⁩ #cannabisculture…

@GreenMarketRpt – 15 hours

⁦@medmen⁩ $MMNNF Reports Revenue Of $44 Million, But A Net Loss Of $96 Million

Back to Top

You have Successfully Subscribed!