November 18, 2016 | by Staff
As demand for adult-use and medical marijuana finds comfort in recent and impending legislation, the cannabis industry is attracting capital investment from small and big pockets. That capital is funding growth, startups and the need for new careers. As reported in The Press Enterprise, “professionals who never would have considered joining the industry a couple of years ago are leaving behind traditional careers in law, real estate and finance as they flock to what they see as the next big boom.”
The plant-touching side of that big boom is already estimated to employ 58,000-88,000 workers, with ancillary companies keeping 42,000-66,000 professionals busy, according to Marijuana Business Daily.
Image credit and permission from Marijuana Business Daily
If you're one of the growing numbers of people who are flocking to the cannabis industry with dreams of earning a fortune, you'll need a path. The following 10 positions may be exactly what you're looking for to succeed as a cannapreneur.
There has been no shortage of cannabis growers. But, legalization changes the game. Legalization brings regulation, changes cash flow and adjusts profit margins. Still, with the potential of a multibillion-dollar economy, farming has taken on a new look.
Cannabis farming is no longer a job for amateurs as regulations track growth, disease and distribution. You’ll need considerable education, experience and the good business sense to run the operation. Experienced farmers can already demand top dollars (about $23,000 per year per light).
Farmers need supplies and equipment. They need seeds, soil, potting, irrigation, lighting, nutrients and all sorts of hydroponic supplies. This creates job opportunities for the retailers, as well as the entire supply chain that feeds them.
For those who grew weed in their gardens with little or no attention, heightened demand for high quality crops raises the bar on expertise. All breeds of specialists – in strains, markets, drying, curing and harvesting from seed-to-sales – are positioned to market their special knowledge and experience. And, you can expect the demand for their education to create even more jobs.
Medibles are cooked goods, like cookies and snack bars, using marijuana as an ingredient. Why are they so popular? Many patients eligible for medical marijuana prefer, for many reasons, to consume rather than inhale their cannabis.
Medibles have to meet regulatory content and processing. But, cooking also requires baking know-how to make them taste good. Retail stores will not have their own baker-in-residence, but they will be looking for medible suppliers to keep them in snacks.
With or without the complicated regulations, cannabis suppliers now have to meet quality control standards determined by the state or by the now competitive market. Good farmers need good inspectors to be proactive in the growth process from seed-to-sale. And, still other inspectors have to rule on what’s going out the door because contamination is now a regulatory offense.
Customers make best friends with their budtenders. They trust their advice and recommendations, and where medical marijuana is the product, patients rely on their credentials.
Budtenders need to be experts on portion control, side effects, potential for intoxication, as well as aroma and taste. The best of them have an education in chemistry, pathogens and pharmaceuticals, not to mention customer service skills.
Head shops may move out of dingy strip malls and adopt uppity names. But, adult users will still need people to make and distribute glass paraphernalia, vaporizers, bubblers and bongs. An above ground market will encourage design and manufacture of sculptured looks and quality materials.
Even where legal, marijuana growing and selling environments are governed by regulations on floor plans, circulation, fire controls, plumbing and other construction specialties, bringing new dollars to old trades.
Electricians, carpenters, HVAC pros and more are finding booming payrolls in building or adapting real estate to industry use. With temperature, humidity and environment so crucial to growing, and air control and security so important to retailing, the floodgates are open for contractors.
It remains to be seen what stance legislation will take on public delivery systems for medical marijuana concerning what precautions and security would be required. It’s not likely that medical marijuana delivery will become as ubiquitous as pizza delivery.
But, since medical marijuana serves the chronically ill and the terminally ill, among other conditions, the reality is that many patients can’t make it to the store. As a result, some closed pharmacy sort of setup will arise with controlled and monitored delivery for paying customers.
All legal stores and dispensaries need security once the doors close for the night. Regardless of location, they are vulnerable to break-ins.
They would be smart to invest in bouncers, security guards and loss prevention advice on avoiding embezzlement, shoplifting and employee theft. They need ethical accountants, cyber security, money carriers, as well as security alarms and cameras.
Any industry sector producing the kind of money they are predicting for the cannabis industry is very likely to generate plenty of jobs, most of them paying good money. Significant job boards are already cropping up at THC Jobs.com, 420Careers.com, CannabisJobs.US and more. These could be only the tip of the iceberg.
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