The cannabis-related job market continues to expand according to a PoliticoPro report (subscription required) that analyzed data from Indeed.com, an employment search engine. In May 2016, cannabis job postings accounted for 231 per million total job postings. By May 2019, that number has increased nearly four-fold to 915 postings per million.
Read MoreEarlier this year, New York, New Jersey, and Connecticut failed to pass legislation for legalized recreational marijuana despite what appeared to be overwhelming support for such measures. As we discussed here, early optimism gave way to legislative frustration as representatives struggled to put together bills sufficient to garner enough votes.
Read MoreNew Jersey wants more of its citizens to have access to medical marijuana, and the state is prepared to issue new licenses to make sure it happens. On June 3, 2019, the New Jersey Department of Health announced its plans to issue up to 108 new licenses for “Alternative Treatment Centers” where New Jersey citizens can obtain medical marijuana.
Read MoreThe news for legalization proponents has been consistently good for the past several years, but recent developments in the Northeast should perhaps take the optimism down a notch. Recreational legalization proposals in the deep-blue states of New York, New Jersey, and Vermont all appear destined to fail in 2019, raising new questions regarding the path forward for recreational use.
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