The Cannabis industry is thriving. Thousands of small businesses, from farms to storefronts, have popped up all over the states of Colorado, Washington, and our very own Oregon.
But there is one thing that is standing out in this budding industry setting it apart from the rest of the corporate world: Women hold 36% of executive-level positions. Breaking down that average, 63% of executive women are found in testing labs whereas 28% of women hold executive positions in investment firms.
Now why are these figures important? When compared to all U.S. businesses, the cannabis industry stands above the national average of executive-level positions held by women, which sits at 22%. This is big news for women who have long since faced the struggle of competing in a business world that is almost entirely dominated by men. Legal marijuana could be the first billion-dollar industry not dominated by men.
With the cannabis industry in full growth, a unique opportunity is presented to women who find themselves in a state with legalized cannabis. This industry is new and it changes every month. Who knows what the future may hold, but there is an immense amount of opportunity in this new sector that has yet to be conquered by men. Finally, we may see an authentic emergence of equal opportunity in the workplace through the cannabis industry. The glass ceiling is cracking.
Listen to our very own Kirsten Cook talk with Justin McDonald about women in weed here:
Also be sure to check out the Weediquette episode “Mary Janes” as Krishna Andavolu explores the world of women in weed.