Below is a chart and excerpt that is brief today’s Early Look written by Consumables analyst Howard Penney.
The pandemic has taught us two factors that are important the Cannabis industry; it absolutely was considered important, and virtually every state is trying to the industry for extra income tax profits and jobs. The justice that is social in the country extends well beyond the industry’s borders, but Cannabis reform is also a critical factor in the War on Drugs, including Interstate commerce.
The number of U.S. cannabis industry jobs could reach be over 300,000 people in the U.S. in 2021, looking at 500,000 employees that are total 2023. In contrast, approximately 271,000 individuals presently hold drink jobs that are manufacturing according to the BLS.
The industry size is getting to the point that BLS will begin tracking Cannabis likely jobs in 2021. Product sales of adult-use and marijuana that is medical the U.S. are anticipated to surpass $18 billion in 2021 product sales.