Marijuana Industry Projected To Create More Jobs Than Manufacturing By 2020
- Jobs. That is what the marijuana industry hopes will keep the Trump administration from cracking down on cannabis companies.A new report from New Frontier Data projects that by 2020 the legal cannabis market will create more than a quarter of a million jobs. This is more than the expected jobs from manufacturing, utilities or even government jobs, according to the Bureau of Labor Statistics. The BLS says that by 2024 manufacturing jobs are expected to decline by 814,000, utilities will lose 47,000 jobs and government jobs will decline by 383,000. This dovetails with data that suggests the fastest-growing industries are all healthcare related.