EXCLUSIVE: US Cannabis Jobs To Reach 800K By 2029 Despite 8% Salary Drop
The cannabis job market has seen a turbulent year, with industry-wide salary reductions of 3% to 8% in 2024, according to CannabizTeam’s 2025 Cannabis Industry Salary Guide. Despite economic headwinds, the report highlights the sector’s resilience, noting that cannabis wages still outpace those of more established industries.
“People employed in the cannabis industry in 2024 faced significant challenges, such as layoffs and wage decreases, resulting in many employees leaving the industry,” said Liesl Bernard, CEO of CannabizTeam. “These shifts were driven by companies battling falling cannabis prices, market oversaturation, and burdensome taxes and other regulatory costs.”
Cannabis Industry Struggles Amid Economic Shifts
The cannabis sector has been navigating regulatory fragmentation, declining wholesale prices and capital market struggles. The fallout has been particularly evident in executive leadership salaries, with notable declines across cultivation, extraction, retail and manufacturing roles. The report details that high-level positions such as vice presidents and directors saw some of the sharpest wage contractions.
Despite these challenges, the industry remains hopeful for a rebound, spurred by anticipated federal rescheduling and legislative reforms. “With federal rescheduling and reform efforts on the horizon, we anticipate a …