MJBizMag April 2021 - 8

FromtheEditor | Kate Lavin
Opportunity of the Decade
Talented candidates are actively seeking jobs after the unemployment crisis of 2020
N
o matter what their roles are, staffers at every workplace
are curious about how their wages stack up-both
against their peers and those with similar positions at
other companies.
For the third year, Marijuana Business Magazine has
dedicated the April issue to hiring and compensation. And
thanks to a new partnership, this is the most accurate data
set we've ever published.
National compensation frim BlueFire Cannabis by
FutureSense analyzed 4,800 unique data points from
individual organizations' submissions and anonymous
payroll data from California-based Greenleaf Business
Solutions to provide the industry's most complete
compensation survey. It is also the most compliant salary
report of its kind, in that the figures on pages 46-47 meet
antitrust and anti-collusion regulations set by the U.S.
Department of Justice. (Read more about that on page 44.)
Not a Moment Too Soon
The timing of this salary data is fortuitous: One year
ago this month, 20.5 million Americans lost their jobs,
according to the U.S. Bureau of Labor and Statistics
(BLS). Fueled by the coronavirus pandemic, the U.S.
unemployment rate reached 14.7%, marking the highest
level of joblessness since the Great Depression. The BLS
reports that unemployment is still hovering at more than
6%, well above pre-pandemic levels.
According to Kara Bradford, owner of Seattle-based
recruiter Viridian Staffing, " There are so many people who
are extremely talented that have experienced job loss in
the past year. We may not see a chance like this again for
another 10 years to be able to get that talent over into the
cannabis industry. "
If that's not making lemonade out of lemons, I don't know
what is.
But Wait, There's More
We divided the job titles listed in this issue into more than
a dozen families-cultivation, manufacturing and retail, for
example-and shared the salaries for one high, midlevel
and entry level position in each family.
But with nearly 5,000 compensation data points to
consider, BlueFire Cannabis has salary data for more than
100 positions in the industry. You can access these figures
for free by downloading the final report later this month at
content.futuresense.com/2021cannabiscompensationreport.
And be sure not to miss the other stories in this issue's
cover package. Starting on page 38, we address how many
jobs newly legal cannabis markets are likely to create, the
industries from which multistate operators like to recruit
executives and specialists and how minimum wage and
equal-pay laws could affect the compensation landscape
this year and moving forward.
Regardless of your company's compensation structure,
we hope you'll find this month's cover story to be an
invaluable tool for knowing how your business compares.
Sincerely,
Kate Lavin
Marijuana
Business
Magazine
Editor
8 Marijuana Business Magazine | April 2021
http://content.futuresense.com/2021cannabiscompensationreport https://content.futuresense.com/2021cannabiscompensationreport
MJBizMag April 2021

Table of Contents for the Digital Edition of MJBizMag April 2021
