US cannabis market soared in 2021, but was dragged down by New York – By Jesse O’Neill (New York Post) / February 23, 2022
The US cannabis industry added more than 100,000 jobs last year, and the economic lift will only continue if states like New York get recreational programs off the ground, experts say.
Americans spent nearly $25 billion on cannabis products in 2021, as the budding industry expanded by about 33 percent, adding more than 107,000 new jobs, according to a Wednesday jobs report from cannabis new site Leafly, and Whitney Economics.
Some 428,000 Americans now work directly in the cultivation and retail sectors of the industry or have ancillary jobs with licensed distributors in fields like accounting, construction and regulatory compliance. Revenue and jobs could soon quadruple if cannabis is legalized federally and more adult-use programs get off the ground from coast to coast.
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