Market Overview

Budding Jobs: Potential Cannabis Market Job Growth

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Budding Jobs: Potential Cannabis Market Job Growth

  • The estimated total of legal-market jobs in 2019 is 340,000, growing to 743,000 by 2025.
  • Year-over-year, total U.S. legal-cannabis jobs increased by 81,900 from 2018 to 2019.
  • The total associated legal-market wages in 2019 amount to $12.4 billion.
  • The estimated total addressable market (TAM) in 2019 is $77.6 billion, with an estimated
    legal-market demand forecast of $13.6 billion, and an illicit-market forecast of $64.0 billion.
  • Assuming full federal legalization, there would be 1.46 million jobs in 2019, growing to 1.63 million jobs, garnering $52.9 billion and $59.5 billion in wages, respectively.

 

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The post Potential Cannabis Market Job Growth appeared first on New Frontier Data.

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.
 

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