Monthly Archives: March 2022
March 07, 2022
Unfortunately, the industry may be mirroring the rest of the business world in terms of unequal representation by women and minorities in senior roles.
The percentage of executive positions held by women and minorities in the U.S. cannabis industry has dropped from two years ago as white men migrated into the business, according to a survey released Monday by MJBizDaily. The share of women in senior ranks of cannabis companies fell to 22.1% in 2021 from 36.8% in 2019, according to the survey. The latest figure falls short of the 2020 national average of 29.8% of women holding executive positions in all industries.
March 03, 2022
The cannabis industry cannot reach its full potential without women leading the charge as well.
Over the past two years, the U.S. has pulled ahead as one of the most valuable cannabis markets in the world, with projections estimating the U.S. market to be worth over $90 billion by 2026. However, even in this period of remarkable growth, female leadership has dwindled to all-time lows. According to MJBizDaily’s 2021 Women & Minorities in the Cannabis Industry report, female executive representation is down t