Why cannabis jobs are going up in smoke
For the first time in the history of the $26 billion legal pot market, employment declined last year, according to a new study… but analysts have high hopes for 2023.
This year, cannabis sales are expected to grow by almost 12%, according to Whitney Economics, a cannabis-focused data firm. By 2024, Whitney forecasts 20% nationwide sales growth. “Cannabis will be one of the largest consumer product sectors and hopefully the industry resets,” says Humiston. “A bunch of companies will get washed out and the companies that can make it through will do well. It will be like what happened through the dotcom bust; we just don’t know who those winners will be.”