Potential Cannabis Market Job Growth

  • The estimated total of legal-market jobs in 2019 is 340,000, growing to 743,000 by 2025.
  • Year-over-year, total U.S. legal-cannabis jobs increased by 81,900 from 2018 to 2019.
  • The total associated legal-market wages in 2019 amount to $12.4 billion.
  • The estimated total addressable market (TAM) in 2019 is $77.6 billion, with an estimated
    legal-market demand forecast of $13.6 billion, and an illicit-market forecast of $64.0 billion.
  • Assuming full federal legalization, there would be 1.46 million jobs in 2019, growing to 1.63 million jobs, garnering $52.9 billion and $59.5 billion in wages, respectively.


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