Booming Legal Marijuana Industry Adding Jobs To Economy

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The legal marijuana industry is growing faster than almost any other business in the United States as more states approve marijuana for recreational and medicinal use.


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A new report from the industry analyst company Leafly and Whitney Economics shows the legal marijuana industry added 77,000 new jobs in 2020. Nationally, the industry supports about 321,000 jobs, a 32-percent increase over the previous year — at a time when the broader economy shrank by 3.5 percent.

That figure represents jobs in only 37 of the 50 states and the District of Columbia, where marijuana is legal for either recreational or medical consumption.

“At a time when workers across many sectors were being laid off amid the coronavirus pandemic last year, it seems that the cannabis industry was actually adding jobs — and in a big way,” said Tom Angell, editor and publisher of the Marijuana Moment newsletter.

 

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Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!