How Much Can You Make Growing Marijuana?

Annually, American consumers pay as much as $40 Billion on legal and illegal marijuana and marijuana-derived products; and American consumers are not showing they are about to slow down any time soon. The appetite for marijuana of the public is insatiable. This could be partly attributed to the changing attitude of both the private citizens and the government toward marijuana and marijuana use.

We are seeing an unprecedented openness of people in the usage of marijuana. Even for people who do not use marijuana, the perception of marijuana is incredibly very positive. In fact, if you have not yet used any marijuana, we recommend that you try it. We recommend that you check on some samples of strains of marijuana such as Gummo or Sugar Tonic. You can also visit this list for more information about different types of strains.

Artists, celebrities, and entrepreneurs are now promoting cannabis as a healthy herb that is compatible with healthy adult life. Undoubtedly, this has resulted in far easier ways for people to legally access cannabis.

With a strong and steadily growing market, entrepreneurs everywhere are flocking to growing marijuana for business. In California alone, thousands of cannabis farms have been registered. Now, these farms are not only producing smokable weed, but they are also now trying to serve consumers looking for more exciting ways to enjoy cannabis such as with the use of vape, cannabidiol oil, or with marijuana edibles.

Indeed, the future for business in the cannabis industry is green and optimistic. It makes sense for someone like you who is interested in making money while enjoying your marijuana would try to enter this industry. However, if you are not keen to start your own business, perhaps you can start by finding a job in this industry. To help you make the right decision, here is a list of jobs in the marijuana industry and their average salary. This way, you can gauge how much you can make from growing marijuana.

CANNABIS CONSULTANT – consulting in any industry is a high paying job. More so in the marijuana industry. Consultants in the marijuana industry provide guidance and help in various facets of marijuana growing. Some provide advice and help facilitate finding an acceptable location for farms. Others provide advice and help in obtaining licenses and other legal aspects of the business. Many even provide help with bookkeeping and tax requirements. On average, a consultant can earn six figures. People in this job usually possess expertise in state and local cannabis laws and policies, accounting, and farming.

DISPENSARY CHIEF OPERATING OFFICER (COO) / CHIEF FINANCIAL OFFICER (CFO) – Dispensary COOs and CFOs manage state-licensed medical marijuana dispensaries. They usually manage all aspects of the business including the operations for a cultivation facility, accounting department, processing and distribution of goods. They also provide service by supervising financial reporting, analyzing requirements to improve efficiency and reduce costs, and budgeting. A dispensary COO/CFO can earn $125,000 a year. This position usually includes medical and retirement benefits.

CANNABIS EXTRACTION TECHNICIANS – These are the chemists who test product’s compliance to the regulatory standards for the quality of cannabis. They often test the quality and potency of the product. An extraction technician can earn around $75,000 to $125,000.

CANNABIS BOTANIST – Botanists are actually responsible for all the technical sides of growing marijuana. They manage the activities involving the plants from planting to harvesting. Their salary ranges from approximately $80,000 to $100,000 or more per year. Success at work can lead to bonuses too.

MARIJUANA CHEF – Marijuana is also being processed into various edibles. However, to be able to do that, you need to have expertise in culinary arts. This is made possible by Chefs who work for ways to process marijuana into edibles. Chefs can also use cannabis-infused oils and butter as ingredients for various foods. They can earn annually from $40,000 to $80,000.

Other than outright becoming a farmer, there are many ways by which you can enter the marijuana industry and actually profit from it. The occupations in cannabis farms that were featured here were just five of the growing list of high paying jobs in the marijuana industry. We sincerely hope that we have provided you with some valuable insider tips with regard to this growing and very dynamic industry.