Without a doubt, the legal cannabis industry is booming. In fact, its incredible growth was recently compared to the staggering way broadband internet spread in the 2000s. For businesses in the industry, there has never been a more exciting time.
This rapid growth has been accompanied by the need for workers. Many of these jobs pay very well and offer lots of opportunities. The following list includes some of the highest paying jobs you will find in the legal cannabis industry right now.
1. Store Manager
Just like any other operation, retail stores in the legal cannabis industry need managers. Right now, these store managers are earning as much as $75,000 a year. For some, these positions also include medical coverage and vacation time, just like a traditional store manager position offers. Some businesses even offer bonuses on top of standard pay. These bonuses can be substantial if the individual is a manager at one of the more successful stores in the industry.
2. Cannabis Sales Representative
This position is just as it sounds. Cannabis sales reps work just like any other industry. They visit stores and dispensaries and build business relationships between themselves and growers. Of course, this position requires the individual to be knowledgeable about all aspects of cannabis business. As far as salary, a significant percentage of a sales rep’s income comes from commission – just like a traditional industry. For talented workers, there is huge money-making potential.
3. Dispensary Owner
Successful dispensary owners earn upwards of $100,000 as compensation for their efforts. However, there is a lot of risk involved in this position; risk that can be mitigated if the individual makes it a priority to stay up to date on the latest laws. Laws around cannabis vary greatly by state. A dispensary owner must stay current in terms of these laws and adhere to them strictly, all while meeting the usual requirements and responsibilities of running a business.
4. Grow Masters
Grow masters are responsible for cultivating the strains of marijuana plants that are later sold to clients. This has become a highly sought-after position, with growers earning upwards of $100,000 per year. Because the position requires a specific skill set, these individuals have quickly earned the reputation of being very skilled professionals.
5. Edibles Chefs
Marijuana edibles chefs do much more than cooking. Their work revolves around carefully infusing cannabis concentrate into specific doses for safe consumption. These professional earn anywhere from $50,000 – $100,000 a year, depending on the individual’s talent and the size of the business itself.
Where to Find Marijuana Dispensary Funding
Despite the industry’s rapid growth and the increasing number of job opportunities, cannabis businesses still struggle to find funding. The industry is still very much considered “high-risk” and is still stuck between state and federal laws. The best place to find quick cash solutions is via marijuana dispensary funding.
First American Merchant offers a fast, simple and hassle-free process for those seeking marijuana dispensary funding. Our experts understand that time is valuable, and opportunities come and go quickly. If you need fast funding, our services will help you get cash on hand in as little as 24 hours.