MJBiz - September 2023 - 34

Labor
Relations
Stories about cannabis industry layoff s and
turnover have dominated headlines in 2023.
Images by MJBizDaily and MJBizMagazine
Turnover Trends
F
Non-revenue-generating positions are on the chopping block,
while demand grows for hourly workers
By Omar Sacirbey
or evidence of headwinds facing
the regulated marijuana industry,
look no further than the cannabis
labor market. As headlines from the
past several months attest, employers
ranging from multistate operators to
small cannabis businesses to ancillary
companies have laid off employees.
34 September 2023 | MJBizMagazine
And for the fi rst time since regulated
marijuana markets opened in the
United States, the number of cannabis
jobs in the country contracted during
the past year, according to a report
released in February 2023 by marijuana
industry recruiting fi rm Vangst. A
national decline in cannabis industry
jobs was unfathomable a year ago,
given the many new markets and those
getting ready to launch.
But global infl ation, depressed
cannabis prices, a dearth of
investment dollars as well as
oversaturation in mature markets have
compelled many marijuana companies

MJBiz - September 2023

Table of Contents for the Digital Edition of MJBiz - September 2023

MJBiz - September 2023 - CT1
MJBiz - September 2023 - CT2
MJBiz - September 2023 - Cover1
MJBiz - September 2023 - Cover2
MJBiz - September 2023 - 3
MJBiz - September 2023 - 4
MJBiz - September 2023 - 5
MJBiz - September 2023 - 6
MJBiz - September 2023 - 7
MJBiz - September 2023 - 8
MJBiz - September 2023 - 9
MJBiz - September 2023 - 10
MJBiz - September 2023 - 11
MJBiz - September 2023 - 12
MJBiz - September 2023 - 13
MJBiz - September 2023 - 14
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MJBiz - September 2023 - 16
MJBiz - September 2023 - 17
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MJBiz - September 2023 - 20
MJBiz - September 2023 - 21
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MJBiz - September 2023 - 24
MJBiz - September 2023 - 25
MJBiz - September 2023 - 26
MJBiz - September 2023 - 27
MJBiz - September 2023 - 28
MJBiz - September 2023 - 29
MJBiz - September 2023 - 30
MJBiz - September 2023 - 31
MJBiz - September 2023 - 32
MJBiz - September 2023 - 33
MJBiz - September 2023 - 34
MJBiz - September 2023 - 35
MJBiz - September 2023 - 36
MJBiz - September 2023 - 37
MJBiz - September 2023 - 38
MJBiz - September 2023 - 39
MJBiz - September 2023 - 40
MJBiz - September 2023 - 41
MJBiz - September 2023 - 42
MJBiz - September 2023 - 43
MJBiz - September 2023 - 44
MJBiz - September 2023 - 45
MJBiz - September 2023 - 46
MJBiz - September 2023 - 47
MJBiz - September 2023 - 48
MJBiz - September 2023 - 49
MJBiz - September 2023 - 50
MJBiz - September 2023 - Cover3
MJBiz - September 2023 - Cover4
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