U.S. Federal Cannabis Legalization = 1.04 Million Jobs
- New Frontier Data’s latest report, Cannabis in the U.S. Economy, shows that under full legalization, the retail operations sector would have the most jobs (364k), followed by administrative (229k) and manufacturing (166k)
- While these percentages were applied on a national scale, percentage breakdowns by sector will vary by region, dependent upon local rules and regulations, and climate
- These jobs are considered plant touching and do not include the jobs associated with ancillary businesses and do not include jobs that are created through the spending done by workers (a.k.a. The Multiplier Effect)
- The updated report, which includes analysis of the newly passed tax law, is available below
