Growth of Cannabis Business Increases Job Opportunities in Canada

Canadian industry on pace to add 150k new jobs, expert says

shaking hands

The cannabis business has proved to be quite successful in Canada, with recreational use looming licensed producers (LPs) and multiples of cannabis-related business are expanding beyond expectations.

A report from Marijuana Business Daily showed with the growth of the industry more and more jobs are becoming available.

“The industry could add another 150,000 jobs over the next couple of years, according to one estimate, and a recent survey showed that salaries are more mainstream than ever,” the report indicated.

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According to the report this upwards trend of hires can be credited due to LPs need to scale up in order to meet the demand caused by the legalization of the recreational market. This business trend has caused licenses to go up and demand for product to increase as well.

“As an industry, we’re not only in a growth phase, but we’re also scaling up for legalization in the middle of next year,” Cam Battley, executive vice president of Aurora Cannabis (TSX:ACB) told Marijuana Business Daily.

Battley said he expect employment to increase “extremely rapidly” within the next two years.

Cannabis industry attracting business types from other markets

This report came together in part thanks to a survey conducted by staffing firm Cannabis At Work showed the average salaries for different roles in prominent companies. The survey noted the five highest paying roles, on average are: marketing manager, senior accountant, quality assurance person, human resources manager and cultivation manager.

Alison McMahon, Cannabis At Work’s founder and chief executive officer told Marijuana Business Daily she expect the industry as a whole to add nearly 150,000 “over the next couple of years.”

“This is a very exciting industry right now and perhaps the fastest growing in Canada. It’s attracting the curious, the talented and the bold.”

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Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.

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Comments
  • Of these “150,000 jobs over the next couple of years,” how many pay a living wage? Why do we not hear from a current employee? And, finally, of the millions of millions the corporate cannabis industry is raking in, who are the investors? American? CDN? Big Pharma? Big booze? Big tobacco? Stories like this one seem to presume all wealth is immaculate, or forget about the sheer grime of corporate behavior, simply because, hey, it’s weed, man. I would be VERY wary about investing in ANY cannabis corp (e.g. Licensed Producer) that does not, or will not, disclose who its shareholders are, publicly (e.g. Tilray, wholly owned by U.S. firm Privateer Holdings, who refuse to divulge investor profiles. We may assume it is $$$ from pharmaceutical firms, and tobacco corp’s as Privateer remains silent on the matter). Another problem is these companies (aside from Abcann, who has furnished me with third party testing data) spray toxic chemicals on their produce: Actinovate; BIOPROTEC CAF; Bioprotec PLUS; Botanigard 22 WP; Botanigard ES; MilStop Foliar Fungicide; Rootshield(R) WP Biological Fungicide; Vegol Crop Oil; Bio-Ceres G WP; Influence LC; Prestop; Sirocco; Agrotek Ascend Vaporized Sulphur; Neudosan Commercial; Opal Insecticidal Soap; Kopa Insecticidal Soap; Rootshield HC Biological Fungicide Wettable Powder. Yuck!

    Reply
  • Hi. I made a comment earlier this morning concerning this article and see that it has been completely wiped away. I am uncomfortable, at this juncture, lending my considerable cannabis industry expertise to your publication if your editors are merely going to delete my efforts, a suspect sort of censorship. If you cannot stomach frank discussions concerning the questionable nature of LP investors (e.g. the provenance of those funds, originating from big Pharma, big Booze, and Big Tobacco) you should do away with comments sections altogether and permit your, ahem, reports to dangle in isolation, removed from any troubling social commentary. Feel free to contact me to discuss this matter.

    Reply
    • Hi Clayton, thanks for your comments. We do moderate our comments, and they do not get published immediately as the comments are made. Many news outlets also follow this policy. The comments had not been seen until this morning. If you have any other concerns, please feel free to reach out.

      Reply

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