We Expect The Cannabis Industrys Growth To Be Slowed Down To Some Degree In The Next Three To Five Years, However With A Projected Total Market Sales To Exceed $24 Billion By 2025, And The Possibility Of Almost 300,000 Jobs By 2020, It Remains A Positive Economic Force In The U.s.

While we see a potential drop in total number of U.S. jobs created in 2017, as reported by Kiplinger, as well as an overall expected drop in GDP growth, the cannabis industry continues to be a positive contributing factor to growth at a time of potential decline. We expect the cannabis industrys growth to be slowed down to http://www.newyorkmedmarijuana.com some degree in the next three to five years, however with a projected total market sales to exceed $24 billion by 2025, and the possibility of almost 300,000 jobs by 2020, it remains a positive economic force in the U.S. New Frontier based its projections on analysis from the Marijuana Policy Group which was hired by Colorado for an economic analysis. According to annual surveys of cannabis professionals by the Marijuana Business Daily , the industry already employs 100,000 to 150,000 workers and nearly 90,000 are in plant-touching companies. Oaksterdam University in California is one of the few formal institutions that trains potential marijuana workers. “The cannabis job market is growing, but many who are interested in the industry have been fearful of prosecution by the DEA. But that is changing,” said Dale Sky Jones, Executive Chancellor of Oaksterdam. “A U.S. appeals court recently decided unanimously that the federal government may not prosecute people who grow and distribute medical marijuana if they comply with state laws. While this ruling currently affects states within the 9th Circuit, the decision will influence other circuits across the country. This is huge, as it is very likely that more people will now feel safer about entering the cannabis industry.” Many employees in the industry seem thankful for their jobs and are genuinely happy with their employment.

To read more visit http://www.forbes.com/sites/debraborchardt/2017/02/22/marijuana-industry-projected-to-create-more-jobs-than-manufacturing-by-2020/

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