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States reap benefits of Marijuana jobs

Spring is finally here! (well, not yet in NY). As the month of March draws to an end, I just want to
States reap benefits of Marijuana jobs
By Hipsternomics  • Issue #65 • View online
Spring is finally here! (well, not yet in NY). As the month of March draws to an end, I just want to thank each person who has ever read, shared, contributed or provided feedback to this newsletter, I appreciate you. Let’s catch up on what you may have missed this week.

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With marijuana legal for recreational use in 10 U.S. states and another 34 states have given the green light for medicinal use, these states have experienced a high on weed-related jobs (no pun intended). The Bureau of Labor Statistics refuses to count or report on job gains in the marijuana industry because it remains illegal at federal level, however, a new report from cannabis site Leafly states that an estimated 211,000 people are now employed in the industry full time while close to 100,000 other jobs indirectly depend on it. O put that into perspective, the U.S. has 69,000 brewing workers and 52,000 coal mining jobs. The research states that the U.S. added 64,389 full time jobs in the marijuana sector in 2018, a 44% increase from 2017, making it the fastest growing job sector in the U.S. at the moment. Florida added the most jobs in 2018 with 9,068 and Pennsylvania had only 90 workers employed in marijuana at the beginning of 2018 and by January of last year, which increased to 3,878, a 4,208% increase. California is expected to add another 9,500 weed-related jobs in 2019.
Chart of the week
source: Statista
source: Statista
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California-grown avocados get recalled for Listeria Avocado producer, Henry Avocados, are recalling its avocados after being discovered to contain listeria, an organism that can cause serious infections. If you’re at the store, you can identify the recalled products from the “Bravocado” sticker on the avocado, while its organic ones have “organic” and “California” stickers rather than Bravocado.
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Companies Mentioned (YTD performance)
Papa Johns (+24%)
Resources of the Week
Thank you for taking the time to read through today’s news brief! If you enjoyed any of these articles, please share or forward to a friend. This brief was written while listening to “Rap or go to the league” an album by 2 Chainz. Continue to have a great week!
Valentine (@vtineike)
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