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Women in the cannabis industry information


Women have been active in the cannabis industry, cannabis legalization, cannabis testing, and cannabis rights since the earliest days of commercialization, but they have also faced gendered obstacles impeding their growth in an industry worth over 12 million dollars since 2019. "The American cannabis industry accounted for $10 billion of 2018’s [global] figures, with the average U.S. dispensary pulling in $3 million a year."[1]

Women took the helm in new businesses and markets as recreational cannabis was legalized particularly in four states—Alaska, Colorado, Oregon and Washington—from 2012 to 2014.[2][3] Female executives and business owners in the budding market contribute to one of the biggest cash crop industries in the US as of 2022.[4][5] In 2015, one report found that women were 36% of cannabis executives, which was an outstanding figure for a new industry. Four years later, one report indicated that just 17% of executives were women. Although women-owned cannabis businesses were reportedly making about three times as much as male-led businesses, raising capital tended to favor the latter. Gender bias has been a significant factor in policy decisions and organizational success due to anecdotal research showing an increase in women's  influence on the cannabis market.[1][6]

Consumers of cannabis are increasing in Massachusetts, for instance, yet only 4.7% of cannabis businesses are owned by women in the state of Massachusetts compared to 19.3% of businesses in other industries.[7]

According to some sources, the cannabis industry is a particularly woman-friendly environment and has a higher percentage of women than many other industries for several reasons. Cited reasons include its founding by "liberally minded rebels" less bound by gender conformity; and its being relatively new and "unhampered by established business networks" closed to women, and the lack of glass ceilings in some parts of the industry, especially "support" activities such as finance and investment, marketing, delivery, and agronomy research. Women comprised over 60% of executives in cannabis product testing laboratories in 2015, the highest rate of women executives in the cannabis industry.[8][9] According to data analysis expert Giadha DeCarcer, "The cannabis industry is so new that there are very few barriers to get in, especially for women [entrepreneurs]".[10]

  1. ^ a b Helfand-Rogers, Candice (July 1, 2019). "Women Are Getting Shut Out of This $12.2 Billion Industry. Here's Why". The Story Exchange. Retrieved 2022-12-09.
  2. ^ "Colorado, Washington first states to legalize recreational pot". Reuters. November 7, 2012. Retrieved 2022-12-09.
  3. ^ "Oregon and Alaska voters approve legalise recreational marijuana laws". The Guardian. November 5, 2014. Retrieved 2022-12-09.
  4. ^ Downs, David (November 1, 2022). "Legal cannabis is America's 6th biggest cash crop". Leafly. Retrieved 2022-12-09.
  5. ^ "New Leafly Report: Cannabis is America's 6th Most Valuable Crop in 2022". www.businesswire.com. November 1, 2022. Retrieved 2022-12-09.
  6. ^ Camors, Casey, Stacy L. Chavez, and Andrea M. Romi. "The cannabis industry within the USA: the influence of gender on cannabis policy and sales." Sustainability Accounting, Management and Policy Journal (2020). https://www.depts.ttu.edu/rawlsbusiness/research/documents/gendercannabissales.pdf
  7. ^ Stoa, Ryan B. "Equity in Cannabis Agriculture." Boston University Law Review, vol. 101, no. 3, May 2021, pp. 1135-1154. HeinOnline, https://heinonline.org/HOL/P?h=hein.journals/bulr101&i=1147
  8. ^ Becky Olson (October 12, 2015), "Chart of the Week: Women Hold 36% of Executive-Level Positions in the Cannabis Industry", MJ Business Daily
  9. ^ Lidz, Gogo (August 20, 2015). "Women in Weed: How Legal Marijuana Could Be the First Billion-Dollar Industry Not Dominated by Men". Newsweek. Retrieved 2022-12-16.
  10. ^ Kavilanz, Parija. "Women cash in on the marijuana boom", CNN Business, February 4, 2016

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