【Jobs】Who is getting paid the most in the cannabis industry?
Guess Who?
We can all agree that the cannabis industry is a goldmine. Over the past few years, venturing into the once forbidden ‘weed scene’ has become a lucrative venture that has made many individuals billionaires, millionaires, or thousandaires.
The stigma associated with weed consumption is slowly disappearing as more people embrace the plant for its numerous therapeutic benefits and recreational value. According to New Frontier Data, it is estimated that the cannabis industry will gross $30 billion annually by 2030.
If you are thinking of joining the business or are just curious about the industry, this piece is all about high-paying weed jobs. It looks into the responsibilities attached to each position as well as the estimated pay. Let’s begin…
Various employment
Cannabis consultant
Consultants across various industries get top-dollar for their services, and the same applies to the cannabis industry. Cannabis consultants are experts in statewide and local cannabis laws and regulations.
Their role includes:
- Helping weed businesses find a legally suitable premise.
- Acquiring the required licenses.
- Advising the business on any legal issue.
- Bookkeeping and filing taxes.
Cannabis consultants make between $50,000 and $150,000 per year, depending on the size of the business and the number of clients.
Dispensary or cannabis store owner
Thirty-six states have legalized weed for medical use. Out of these, 16 plus Washington DC permit the use of marijuana for recreational reasons.
The number of pro-marijuana people keeps rising and individuals looking for a reliable store/dispensary has skyrocketed. Popular, reputable, and trustworthy stores are making a fortune.
Dispensary owners ensure that their business runs smoothly by complying with the set laws and regulations, ensuring the customers receive optimum and satisfactory service, working with various suppliers to ensure the stock never runs out, and marketing or hiring people to market the business.
With the increasing demand, cannabis store/dispensary owners are making over $100,000 annually.
Botanical specialist or master grower
Without master growers/cultivators, there would be no AAAAA/top-grade cannabis. Their expertise brings out the best cannabis plants and cannabis-derived products.
By strictly adhering to cannabis growing standards, the final product can pass 3rd party tests and enter the market for use.
This lucrative position involves overseeing the whole growing process from the planting procedures to the harvesting and curing process, keeping growing records, and ensuring the staff are aware of their responsibility and adhere to the laws.
Grow masters earn $75,000 to $100,000 annually.
Cannabis extraction technician
An extraction expert is responsible for retrieving and isolating the various cannabinoids, flavonoids, and terpenes found in a cannabis plant.
The top position usually requires individuals with master’s degrees or a doctorate and several years of experience. The job involves using CO2 or butane to extract the therapeutic compounds.
The technicians have to constantly work with various chemicals, explaining the $75,000 to $125,000 annual salary range.
Edibles chef/specialist
An edibles chef does not refer to the individuals doing DIY projects in their kitchens trying to make some cannabis-infused cookies, chocolate, or tea.
These experts work meticulously to ensure each product they produce is of a specific dose and offers the expected effects. They do this through the precise measuring of weed in each product.
Edible chefs come up with creative, fun, and easy ways for different types of people to enjoy cannabis, and for this, they make approximately $50,000 to $100,000 per year.
Other honorable mentions
The cannabis industry is not for the educated and wealthy only. It is pretty accommodating, and different people can find something to do to make a living or pursue their passion. Below is a list of other positions in the cannabis industry that one can work on.
- Budtender
- Sales representatives
- Pest manager
- Delivery man/woman
- Trimmer
- Store manager
Thank you for reading.
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