The passage of medical and adult-use cannabis laws gives rise to an entirely new industry that creates jobs in occupations as varied as management, cultivation, manufacturing, and retail. Each year, regulated cannabis businesses add tens of thousands of new jobs to the U.S. economy, and as legalization expands, the industry will have a growing impact on the labor market. According to Arcview Market Research and BDS Analytics, the U.S. cannabis industry is projected to directly employ 330,000 workers by 2022.

Source: “NEW REPORT: Legal Marijuana Markets Projected to Reach $23.4 Billion, Employ Nearly a Half-Million Americans by 2022; Effective End of Federal Prohibition Is In Sight.” Arcview Market Research and BDS Analytics, 28 June 2018. bdsanalytics.com/new-report-legal-marijuana-markets-projected-to-reach-23-4-billion-employ-nearly-a-half-million-americans-by-2022-effective-end-of-federal-prohibition-is-in-sight/.

The passage of medical and adult-use cannabis laws gives rise to an entirely new industry that creates tens of thousands of jobs in occupations as varied as management, cultivation, manufacturing, and retail. According to Arcview Market Research and BDS Analytics, the U.S. cannabis industry directly employed 120,000 workers in 2017 — more than double the 52,300 workers employed by the coal mining industry that same year.

Source: “NEW REPORT: Legal Marijuana Markets Projected to Reach $23.4 Billion, Employ Nearly a Half-Million Americans by 2022; Effective End of Federal Prohibition Is In Sight.” Arcview Market Research and BDS Analytics, 28 June 2018. bdsanalytics.com/new-report-legal-marijuana-markets-projected-to-reach-23-4-billion-employ-nearly-a-half-million-americans-by-2022-effective-end-of-federal-prohibition-is-in-sight/. U.S Department of Labor, Bureau of Labor Statistics. “All employees, thousands, coal mining, seasonally adjusted.” Employment, Hours, and Earnings from the Current Employment Statistics Survey. 2017. Web.12 February 2019.bls.gov/data/.

The passage of medical and adult-use cannabis laws gives rise to an entirely new industry that creates jobs in occupations as varied as management, cultivation, manufacturing, and retail. Each year, regulated cannabis businesses add tens of thousands of new jobs to the U.S. economy, and as legalization expands, the industry will have a growing impact on the labor market. According to Arcview Market Research and BDS Analytics, the U.S. cannabis industry is projected to directly employ 330,000 workers by 2022. That’s more than the 268,000 iron and steel mill workers employed in the U.S., according to the U.S. Bureau of Labor Statistics.

Source: “NEW REPORT: Legal Marijuana Markets Projected to Reach $23.4 Billion, Employ Nearly a Half-Million Americans by 2022; Effective End of Federal Prohibition Is in Sight.” Arcview Market Research and BDS Analytics, 28 June 2015, bdsanalytics.com/new-report-legal-marijuana-markets-projected-to-reach-23-4-billion-employ-nearly-a-half-millions-americans-by-2022-effective-end-of-federal-prohibition-is-in-sight/. U.S Department of Labor, Bureau of Labor Statistics. “Household Data Annual Averages, 18b. Employed persons by detailed industry and age.” Labor Force Statistics from the Current Population Survey. 2018. Web. 18 January 2019. bls.gov/cps/cpsaat18b.htm.