Some people dream of working in travel, others in food and some want to work in the growing marijuana industry. Do you want to get in on “the ground floor”…although that ship is pretty much about to sail unless it is a brand new legal state. Either way, the cannabis industry employees over 428K and still searching for good talent.
Coming out of Covid, that marijuana industry has had some ups and downs. California and its job market is down, but Missouri is hiring. Smaller states are experiencing an uptick while some of the legacy ones are struggling. Missouri, Michigan and New Jersey had the strongest job growth. New York, with over 1,500 unlicensed retailers, is also hiring, but it is a bit more risky.
There are four industry divisions – grow, product, retail, and ancillary. The best current opportunities are in product and retail.
GROW
Grow is having the biggest difficulties as both legal and black market flower is flooding the market and the price per pound has dropped. It is as seen a year over year decrease of about 25% meaning they are streamlining operations. Think of this as working in a farm or large garden operation. An in person, hands on role that lets you nurture the plant and then ship it off to be a pre-roll, product or flower. A smaller part of the industry but employees and owners tend to passionate, especially in developing new strains.
PRODUCT
Products remain healthy as seen on April 20th, the high holy day of cannabis sales. Sales skyrocketed as more people enter the market and increase how often they consume. There is an opportunity for brands that have multiple product lines and also have strong distribution.
39% of participants said they purchased less expensive cannabis in 2022 compared to 2021, but 73% actually spent more money per transaction this year. Additionally, THC percentage and price are the new leading factors considered when consumers purchase cannabis. Last year, branding and strain type were most important, but now 60% and 58% of respondents consider THC percent and price the most important factors, respectively.
If you go into product, make sure you understand how much they are making, selling and their growth potential. Maybe do some research and talk to your favorite retailer to see how their brand is selling.
RETAIL
Retail is definitely not a work at home but rather a vibrant chance to interact and learn from customers. Retailers are often open 7 days a week and have traditional boom times such as July 4th, holiday weekends, winter holidays, etc. Smart ones also work to minimize slow times. A recent survey from CivicScience found that 21% of people doing Dry January — a popular trend where you abstain from alcohol for the month — are replacing alcohol with cannabis and CBD. The same survey uncovered that the largest demographic of people replacing alcohol with cannabis are aged 21-24 (34%), followed by 25-34-year-olds (24%). If you go into retail, act professional, know and connect with your customers and look for ways for the company (and you) to increase sales and profits. Strong salespeople ALWAYS have a good career paths.
Ancillary includes all the “picks and shovels” business such as marketing and packaging firms to point of sale systems. This area has taken a hit and responded in a unique way. Cannabis firms have lost business to mainstream firms and cannabis ancillary firms are branching out to more mainstream clients.
If you have talent in ancillary area – be it tech, sales, marketing, insurance, so on, consider looking at large and boutique mainstream agencies/companies and asking them if you can help lead up their marijuana division.
On a last note, marijuana is still an emerging industry with a chance to make a name for yourself with hard work and gumption.
If you drink alcohol, you can drink, but it has to be out of your body’s system. it is recommended you not have booze 24 hours before donating. Like alcohol, you can donate blood, but you have to let the marijuana move out of your system. Potential donors cannot give if cannabis use impairs their memory or comprehension. The Red Cross does not test blood donations for the presence of tetrahydrocannabinol, or THC, the principle psychoactive component of the cannabis plant. But you should wait 24 hours from the last time you are high.
Donating blood is easy. You go to the nearest location, sign in, show ID, and read some information. You’ll answer questions online or in person, and receive a health check.
The acutional process is easy, a sterile needle is inserted into a vein in your arm, and blood is drawn into a bag. The donation usually takes 8–10 minutes and feels like a quick pinch. Afterwards they providea snack and drink and 10–15 minutes to recovery before resuming your day.
The cannabis industry is concerned about the direction of regulations – and the DEA is still against the plant.
The cannabis industry is very concerned for the future. While many supported the incoming president with hopes for action, things look rough. The Speaker of the House is against legal marijuana, the pro-weed Attorney General nominee seems to be in trouble, and some of the new Senate leadership feel cannabis issues as dead on arrival. And is this giving an indicator to the Drug Enforcement Administration (DEA) to not do anything? It is the DEA against the vast majority of the public about marijuana.
Every poll shows at least 88% of the population is for some form of legal cannabis. Florida had almost 57% of their voting public support full recreation. Almost all major medical organizing including the federal government’s Health and Human Services and the Food and Drug Administration, the American Medical Association and the American College of Physicians have supported rescheduling. Their reason is proven science around it providing clear medical benefits. But the DEA seems to be against it.
Now, the DEA and their Chief Administrative Law Judge John Mulrooney has denied a key group from being part of the hearing. Cannabis has been proven to help with PTSD and the Veterans adminstartion has rearranged its process to allow veterans to seek this option of treatment. The Veterans Action Council (VAC), an organization supporting cannabis access for military veterans, petitioned request “status as an interested party” to give testimony.
This is a follow up from an earlier requested to participate. Despite working with the government, the group was not included on the list of 25 participants released Oct. 31 by DEA Administrator Anne Milgram.
According to a footnote in the order denying the Veteran group a chance to testify, the DEA could allow more participants to testify. But DEA DIrector Milgam has shown no love for cannabis or the industry, and the current list leans heavily into the anti-cannabis group and against the general public.
As reported in early summer, Director Milgram made an unusual request of top deputies summoned in March for the “Marijuana Meeting”: Nobody could take notes. This has made the industry very anxious and hoping for a positive outcome for the thousands of mom and pop businesses.
The holidays are also a very busy time of year. And despite the myth, marijuana can help you be more productive.
It is the time of year when you still have a job, but are expected to do extra for all the holidays. Family gatherings, meeting up with friends, shopping, kids concerts and more suddenly jam the schedule. For some, it is the most stressful time of the year. But here is how to be more productive during the holidays with marijuana. Alcohol can often add to the holiday stress by having a hangover or generally making you sluggish.
There is the new trend of California sober, where you swamp marijuana for alcohol and it is taking off. Microdosing (usually with gummies), is another way people are benefiting from the plant without being fully stoned. While smoking is still a popular way to consume, edibles, gummies, vapes and oils are discreet and easy to take into almost any situation.
Also, pay attention to how different strains and consumption methods affect your productivity. Everyone’s endocannabinoid system is unique, so what works for others may not work for you. Experiment responsibly and adjust your approach based on your personal experiences.
Selecting an appropriate cannabis strain is crucial for maintaining productivity. Sativa-dominant strains are generally better suited for daytime use and staying active, as they tend to provide more energizing and uplifting effects. Look for strains high in limonene, a terpene known for its mood-boosting and focus-enhancing properties.
Proper dosing is essential to avoid becoming overly intoxicated. Start with a small amount and gradually increase as needed. Microdosing, which involves consuming very small quantities of cannabis, can be an effective way to experience the benefits without compromising cognitive function.
Before consuming cannabis, take time to establish clear objectives for your day or work session. Writing a to-do list can help declutter your mind and provide a tangible roadmap for your tasks. This practice allows you to focus on execution rather than planning once the effects of marijuana set in.
Consider when and where you use cannabis to maximize its potential benefits. Some users find that consuming during a lunch break or after completing a portion of their work helps refresh their mind without derailing productivity
Once you’ve consumed cannabis, dive straight into your tasks and maintain that momentum throughout your session. Avoid the temptation to take early breaks or rewards, as this can disrupt your flow and make it challenging to regain focus.
Some users find that combining cannabis with moderate amounts of caffeine can help counteract any drowsiness and enhance focus. However, be mindful of your caffeine intake, as excessive consumption may lead to increased anxiety.
Remember that while cannabis can potentially enhance productivity, it’s not a magic solution. Maintain discipline in your consumption habits and work ethic. Start with small amounts, use the momentum to accomplish tasks, and avoid overindulging. By implementing these strategies, you can harness the potential benefits of marijuana while staying productive and focused on your goals. Remember to always consume responsibly and in compliance with local laws and regulations.