Businesses and suppliers in Colorado are tackling last minute legal hurdles in efforts to ensure a successful first day of sales in what could become a burgeoning recreational marijuana industry for the state. The state of Washington has about six months before they find themselves in a similar pickle.
And as Colorado deciphers the full impact this roll-out causes in the way of new business creation, the country’s economic climate could drive the question, “how does one get a job in any of these new found enterprises?” It turns out it’s the same way you’d get one in any other business.
First and foremost, as written in the Business Insider, a specific in-demand skill is the most qualifying factor. Graduates of agriculture colleges or those with horticulture degrees are most in demand, likewise anyone with greenhouse growing experience.
Also surprisingly for some, the marijuana industry will be tech full as it will need its fair share of scientific personnel such as analysts, chemists or lab technicians. Unlike the black market, state sponsored marijuana will be tested for health and safety issues such as mold.
And as other uses for the active ingredient of cannabis are found, some involving alternative ingestion methods, they’ll also have to be tested before being circulated on the open consumer market.
Having said that, many of the positions required will be the same ones or similar to those needed in the ordinary retail or tourism industries; occupations such as programmers, security personnel, customer service assistants, designers, attorneys, store managers, receptionists, drivers, warehouse personnel and tour guides.
Professional positions in government may also be necessary to service the trade. Recently, the Denver Post reported that the city appointed a new Executive Director of Marijuana Policy whose job it will be to oversee and coordinate all marijuana related activities of all city agencies, employees, boards and commissions.
This year according to Arcview Market Research, a company that provides analytic information about the cannabis industry, medical marijuana is assessed to make $1.4 billion dollars and in 2014, $2.34 billion dollars. With a 25% state tax and 2.9% sales tax, this new recreational endeavor is predicted to garner revenue of 67 million for the year 2014.
And with the state having already issued 348 retail licenses for small shops in time for the January 1st inaugural openings, many are looking forward to the opportunity it brings to the state. “It will mean jobs, tax revenue for the state and local jurisdictions, increased tourism and a developing, progressive new industry in Colorado”, said the attorney for the state branch of NORML (National Organization for the Reform of Marijuana Laws), Rachel Gillette.
Marijuana Research & Organizational Links
Sources: The Business Insider, How to get a Job In The Booming Legal Marijuana Business-October 10, 2013, There Is So Much Cool Science Happening in the Marijuana Industry These Days-September 3, 2013, Walter Hickey; The Denver Post, Denver Gets Executive Marijuana Director-AP, December 20, 2013; The Denver Post, Blazing Cannabis Trail, US State Eyes Tourism Surge-Staff/Relax News, December 30, 2013; CNN, 10 things to know about nations first recreational marijuana shops in Colorado, Michael Martinez, December 30, 2013 .