Marijuana Law, Policy & Reform

Editor: Douglas A. Berman
Moritz College of Law

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Tuesday, October 29, 2013

"Current Trends and Job Creation in the Medical Marijuana Business"

The title of this post is the student-selected topic for discussion this week in my Marijuana Law, Policy and Reform seminar. Here is the outline of issues and resources the students prepared to foster and facilitate discussion:

My Experience Working at a Marijuana Dispensary – One girl's first-hand account of her experience working at a dispensary in California for one year

14 Kinds of Jobs Sustained by Marijuana – According to Indeed.com, which tracks job listings, in 2011 there was over a 3,000 percent increase in the medical marijuana industry since 2005.  This is a list of 14 types of jobs available in medical cannabis.

Colorado

Your Genius Idea for a 420-Friendly Lazer Tag Arena Could Soon Become Reality in Colorado – Colorado’s Marijuana Enforcement Division (MED) is accepting applications for business proposals, but only existing medical marijuana shop owners are allowed to apply for the recreational marijuana licenses for the first nine months. Investors have committed “well over $1 million” to Colorado marijuana companies.

High-Paying Jobs Available in New Medical Marijuana Industry? Dixie Elixirs, Denver-based company that manufactures medicated edibles, employed directly in excess of 10,000 employees, including high-salary executive jobs, scientists, and attorneys. 

Illinois

Cannabis Career Institute Hits Chicago to Help Residents Cash in on ‘The New Gold Rush’CCI is continuing its educational tour in Chicago, teaching students the ins and outs of owing a dispensary or grow operation through their “pot college.” 

Montana

MMGA Study Finds That 1,400 New Jobs Created In State of Montana 

Also Check Out: http://cannajobs.com ; https://cannabiscareerinstitute.com ; http://www.thcjobs.com

Marijuana Entrepreneurs, Seminars, and Finance

 These are all resources that pertain to creating your own marijuana business. They are comprised of seminar services, RSS feeds regarding important marijuana entrepreneur news, and derivative sources of some economics that marijuana creates.

Comparison to Casino and Alcohol

Links with state-by state jobs numbers for the wine and spirits industry (not including the beer industry).  No need to read through all of them, just click on a few links to get a sense of the alcohol industry's job impacts. http://www.wswa.org/search_results.php?search=repeal%20prohibition&type=news

A PDF fact sheet of the total number of jobs the alcohol industry supports: http://www.discus.org/assets/1/7/ContributionFactSheet.pdf

A brief survey of casino jobs across America: http://www.americangaming.org/industry-resources/research/fact-sheets/casino-employment

An employment study from "The Journal of Gambling Business and Economics." Apparently that's a thing.   It's a technical read, so they should read the descriptive parts and skip the technical parts.  http://www.walkerd.people.cofc.edu/360/AcademicArticles/Cotti2008.pdf  

Another employment study, done by the St. Louis Federal Reserve.  The gaming has had a positive impact on employment in localities across the country.  http://research.stlouisfed.org/publications/review/04/01/garrett.pdf

Miscellaneous

1) In addition to the educational aspects of the store, weGrow provides anywhere between 15 and 20 full- and part-time jobs. But Mann says it’s the ancillary jobs   created that make a difference, including hiring a doctor on site for medical marijuana evaluations; professors to teach classes, including technicians and experienced growers; design and construction positions; security positions, and distributors.  About 75 indirect jobs are created with the opening of each weGrow store.   http://aznow.biz/small-biz/wegrow-phoenix-opens-cultivates-opportunities-arizona%29

2) By recognizing the potential for medical marijuana business advertisements, the Sacramento News and Review is expanding its distribution and hiring more staff. http://www.today.com/id/43641235/ns/business-us_business/#.Um8iJiRieiY

3) Interesting stats — apparently only a quarter of people think legalized pot would lead to more jobs in their community, while 57% believe there would be no effect. Makes you wonder if this is a (mis)perception that should be hit harder by legalization reformers.  If the benefits can be demonstrated to those in the 57% camp maybe you pull in some new supporters.  http://www.huffingtonpost.com/2010/04/20/legalizing-pot-will-not-b_n_544526.html?

4) Mr. McPherson said the city stood to reap more of what he called the “secondary benefits.”   “You’ve got accountants that are working for them, you’ve got all the security companies that are working for them, you have labs that are working for them, you have bakeries that are baking all the edibles, you have union employees that are getting great benefits, you have delivery services, hydroponic stores, doctors get some benefit,” he said. “It’s the secondary market that gains from this, and all of those pay business taxes to us.”   http://www.nytimes.com/2012/02/12/us/cities-turn-to-a-crop-for-cash-medical-marijuana.html?_r=2&

 

http://lawprofessors.typepad.com/marijuana_law/2013/10/current-trends-and-job-creation-in-the-medical-marijuana-business.html

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