What the Future Holds for the Canadian Cannabis Trades: Jobs and Opportunities in the Growing Market
The future of the Canadian cannabis trades is looking brighter than ever. With the legalization of recreational cannabis in October 2018, Canada has become the world’s second country to legalize the drug for non-medical use. This has opened up many opportunities for people to get involved in the industry and start their own cannabis trade.The Canadian cannabis industry is projected to be worth $5.5 billion by 2021 and the opportunities for growth are immense.
As the market matures, more businesses are entering the space and creating new jobs. There are now many different trades and roles within the cannabis industry, ranging from production and cultivation to retail and distribution.The most in-demand trades in the cannabis industry are those related to production and cultivation. This includes grow operations, hydroponic and soil-based systems, and greenhouses. Grow operations require a lot of knowledge and expertise when it comes to cultivating cannabis, such as controlling the environment, providing nutrients and light, and managing pests.As the industry continues to grow, it is likely that more trades will emerge. For example, there is a demand for people with expertise in packaging, labeling, and transporting cannabis products. There are also opportunities for those with experience in sales, marketing, and customer service.Other trades that are likely to gain traction in the cannabis industry include those related to research and development.
As the industry evolves, cannabis companies will need to continue innovating and developing new products. This will require the expertise of scientists, engineers, and other professionals with knowledge of cannabis-related products.Finally, the cannabis industry is also expected to create jobs in the areas of finance, regulation, and compliance. As the industry continues to mature, the need for financial and legal services will increase. This includes roles such as auditors, accountants, and lawyers.
Overall, the future of the Canadian cannabis trades is looking bright. With the legal framework in place and an influx of new businesses entering the market, there are many opportunities for those looking to get involved in the cannabis industry.
Source:Bloomberg. "Canada’s Cannabis Market Could Reach $5.5 Billion by 2021." Bloomberg.com, Bloomberg, 13 Nov. 2018, www.bloomberg.com/news/articles/2018-11-13/canada-s-cannabis-market-could-reach-5-5-billion-by-2021.