The marijuana industry is one of the quickest growing sectors of the American economy right now. More than 200,000 people are already employed in cannabis, and that number is only going to grow as more and more states legalize the drug. But what are the most lucrative jobs in the industry?
Here are the seven highest-paying marijuana jobs, with approximate salaries.
7. Marijuana Edibles Chef: $50,000 to $100,000 per year
Sure, many people know how to make pot brownies. But what about gummy bears, lollipops and other candies? That takes a lot of skill and education. And considering that many first-time users prefer edibles to smoking, it’s also very lucrative.
6. Marijuana Sales Representative: $60,000 plus commission per year
No, marijuana sales representatives aren’t the people in the dispensaries who ring up your cannabis purchase. Instead, they are the person who helps forge relationships between growers and stores. They need to understand both the production and sales aspects of the industry.
5. Dispensary Store Manager: $75,000 per year
Running a dispensary is a little more complicated than other types of store managers. Not only do you have to run the day-to-day operations, but you also have to make sure you’re following all of your state’s obscure cannabis laws or risk getting in trouble.
4. Cannabis Extraction Technician: $75,000 to $125,000 per year
While many states in America allow medical marijuana, some of them don’t allow patients to smoke it or consume edibles. That means extraction technicians are required to convert cannabis into oils or other forms to comply with state laws.
3. Marijuana Grow Masters: $80,000 to $100,000 per year
While hypothetically anyone with the proper lighting and hydroponics equipment could grow marijuana, it requires special training to understand how to mass produce cannabis to supply dispensaries.
2. Cannabis Consultant: $100,000 or more per year
As with any industry, consultants are highly paid in order to offer advice to aspiring growers and dispensary owners on how to build their businesses. And considering that many people who enter the industry may not know all the ins-and-outs, they can be super valuable.
1. Dispensary CEO: $125,000 per year
Who would’ve thought owning a store where people can buy marijuana could be so lucrative?
Statistics from Cannabis Training University, PayScale, Investopedia and CannaRecruiter.