Thousands of retail workers have left their jobs to seek refuge in the cannabis industry. The big resignation, as we know it, has fueled an upward growth in the number of jobs in the cannabis industry as well as the speed with which they are filled.
The legal marijuana industry is currently among the fastest growing sectors in the United States, despite the federal ban. Americans have been quitting in droves since COVID-19 cases plummeted to search for less stressful jobs. The legal cannabis industry has embraced a lot of these people and is still embracing more. Here, workers who quit earlier from under-appreciated jobs are guaranteed to work under the best conditions.
according to The Washington Post reports a few weeks ago, the cannabis industry grew 32%. At the same time other industries are struggling to stay afloat.
Leafly also reported that at least 70,000 new jobs Created and filled out within the last 12 months. This brings the total number of workers in the US cannabis industry to nearly 321,000. That’s more than workers who work as paramedics, pilots, electrical engineers, EMTs, and other enviable sectors.
The pandemic has caused a drying up of jobs, as well as an economic slump that the country has been trying hard to turn around. In all of this, the cannabis industry is getting stronger. This is why I interviewed two senior Vangst CEOs a few days ago to get a deeper look at the current state of things in the cannabis industry. while the The marijuana industry has seen its own version of the ‘Great Resignation’Employment trends continue to rise for the industry as a whole.
Karson Humiston and Kelsea Appelbaum are senior executives at Vangst. Karson is the company’s CEO, while Kelsea is the head of community partnerships.
What does Vangst do?
Vangst is a recruitment agency that helps cannabis businesses find employees to fill available positions. In this wild Green Rush game, Vangst has filled thousands of slots from entry levels to leadership or management levels. The total value of these salaries is more than $100 million. The agency has also helped screen at least 150,000 cannabis carts and has relationships with the largest 1,000 cannabis companies across the USA.
What do you think of the big resignation and its impact on the cannabis industry?
Carson replied that he had a positive impact on the industry. She went on to explain that a few years ago, the industry was not seen as a realistic career option. The pandemic has made many Americans realize that employment opportunities in the cannabis industry are here to stay.
Sales have skyrocketed since cannabis was legalized in many states, not to mention that the substance of the drug is no longer in doubt.
Carson also added that with the big resignation, operators in the industry now have a chance to grow the business the right way. From day one of incorporation, conversion and incorporation should be at the forefront of an entrepreneur’s mind. Great benefits and forward-thinking strategies for employees can also be adopted.
The cannabis industry is like a breath of fresh air. Millions of American workers are tired of the old working conditions in old industries and are choosing to take advantage of the myriad options they now have. “Everyone, even you, wants to work in a modern industry that values its workers above all else.”
Currently, what jobs should you pay attention to in the cannabis industry?
According to senior executives, this question has been asked countless times by people looking to shift into new industries.
Carson says the industry will have more than 1 million new brands Weed functions In some years to come.. there will be free job opportunities for lawyers, human resources, technology, compliance and sales agents, etc. Existing cannabis companies are growing and expanding into new areas. Sometime in the near future, the average salary for an industry employee will be around $50,000 to $55,000. The industry is ready for the influx of workers across all units; Finance, Technology, Marketing and Management.
Green Rush is still very active
When asked if it was too late to delve into the cannabis industry, the duo replied that the industry was just getting started.
It has not yet achieved even a quarter of its expected potential. So, the best time to get into the industry is now.
What many people assume is the first wave of the green rush frenzy will look very normal in the coming years as the industry races to become a $100 billion industry.
Entering the industry
Kelsey says there are two approaches in the industry at the moment. Either it is your network or it defends you. These two methods are the surest ways to get noticed by the big names who are at the fore in the industry. When you’re networking, you need to be prepared to be available for all the events you get to meet people, ask questions, and make suggestions. On the other hand, Advocacy helps you understand the roots of the industry in such a way that you will be able to expand it while addressing the root causes of injustice in the industry.
Entrepreneurs are also not excluded, you can work as an in-house entrepreneur until you get your approval. Kelsea gave an example where an individual joins a startup company to acquire shares while providing valuable services. In this way, they become part-owners of the startups.
The Great Resignation peaked in April and has held steady ever since. At the end of July 2021, data showed that there were more than 10.9 million job vacancies across the country. The lack of these open openings in the cannabis industry proves that employers in the legal market offer more care packages, flexibility and an overall better work environment for workers of all genders, genders and age groups. Employers in other industry can learn from the strategies the cannabis industry uses. In this way they can stop the mass exodus that has left and is still leaving employers in a state of limbo.