Is cannabis going to pull the United States out of this economic hole?
Newly emerging data on job creation offers hope. Using numbers compiled from trusted cannabis industry career resources, Vangst predicts that the five emerging markets—Arizona, Mississippi, Montana, New Jersey, and South Dakota—will create 26,241 new jobs by 2025.
Denver-based Vangst, a cannabis employee recruitment platform, offers its job opportunity predictions forecast post-election. The forecast paints a helpful economic picture for the five states that voted for legalization (in medical or adult-use form) in 2020. The company’s experts have made projections on market growth using data from previous states that have legalized adult-use cannabis, combined with Leafly’s jobs report, as well as market size projections from New Frontier Data.
“At a time when the country is more divided than ever, at least we can agree on one winner in the 2020 election: cannabis,” says Vangst CEO Karson Humiston. Humiston founded Vangst in 2015, as a senior in college, and was met with harsh critique at the time. “With 1 in 3 Americans now living in places where they can buy cannabis, I think it’s safe to say this industry is legit,” she says.
The legal cannabis industry in the U.S. currently supports an estimated 250,000 jobs.