Thursday, November 21, 2019

Heres everything you need to know about a career in cannabis

Heres everything you need to know about a career in cannabisHeres everything you need to know about a career in cannabisNow that marijuana for medical or recreational use is legal in 29 states or more than half of the country should American workers, entrepreneurs and investors give it consideration as a career choice?It is a high risk and high reward proposition. The competition is fierce and government regulations both on the state and federal level could have enormous implications for theCannabisbusiness. On Jan. 4, 2018, Attorney General Jeff Sessions rescinded Obama-era memos that assuredcannabisbusinesses they would not be subject to federal prosecution as long as they followed their states laws. Moreover,in 2017, only 368 of 12,000 financial institutions in the U.S. servedcannabisbusinesses.However, thecannabisbusiness is projected to grow to $24 1000000000000by 2025 and 97% of recreational stores make a profit or break even. If the government and financial institutions co ntinue to support it, we have only seen the tip of the iceberg in terms of how lucrative it can be. It has already created tremendous amounts of jobs and tax revenue.The University of Cambridge just announced it will teach the first-everSeed to SaleCannabisCase Study to some of the brightest business school minds in the world.With many other colleges set to follow suit, it is becoming an increasingly popular career path.To help break down the opportunities and risks, the team atBusinessStudent.comreleasedThe Unique Challenges of TheCannabisBusiness - Report and Infographic.

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