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Cannabis salaries are soaring. Here are the 24 jobs where you can take home a 6-figure salary in the $31 billion industry.

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Pay in the cannabis industry is on the rise.

AP Photo/Matilde Campodonico


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  • Salaries are rising in the cannabis industry.
  • There are 24 nonexecutive roles in cannabis that offer six-figure salaries, according to a recent report by CannabizTeam.
  • They include cultivation manager, director of compliance, and director of IT.
  • All the roles on this list have seen salary increases since 2019.
  • Subscribe to Insider Cannabis for more stories like this.

Cannabis salaries are increasing as companies poach executives and senior management from other sector like retail, consumer packaged goods, pharmaceuticals, and biotech.

That’s especially true for top-level positions. The average salary for executive positions rose 16% in the first half of 2020, compared with 2019, according to a report from the cannabis staffing agency CannabizTeam.

“Over the past six months we have seen an increasing flow of senior management moving to cannabis from the consumer packaged goods, biotech, food and beverage, retail, financial services and pharmaceutical industries,” Liesl Bernard, the CEO of CannabizTeam, wrote in the report.

CannabizTeam surveyed over 5,000 salaries and placements for the guide.

Pay in other highly compensated roles increased as well. Average salaries for directors of compliance grew 16% in the same time period. They earn median salaries of $128,500. Directors of IT, the top-paid nonexecutive position on the list, rake in a median salary of $217,000, up 10% from 2019.

This trend holds true in newer cannabis markets like Arizona, Florida, Illinois, Massachusetts, Michigan, and Pennsylvania where new companies are looking to hire those experienced in the industry. High-level marketing positions are also gaining traction as companies gear up to build up national brands by securing shelf space in dispensaries and expanding e-commerce strategies.

The cannabis industry is estimated to be worth $31 billion by 2025, according to Cowen analyst Vivien Azer. If Arizona and New Jersey legalize adult-use cannabis in November, and Mississippi and South Dakota allow medical marijuana, that figure could rise to $34 billion.

Here are all the jobs in cannabis that can earn you six figures at the median pay level. Job descriptions courtesy of CannabizTeam.

Accounting manager — $105,200



Getty Images


Median percent change from 2019:11%

Job Description:An accounting manager is responsible for maintaining an efficient system of accounting records, periodic financial reports, and creating an extensive set of controls and budgets to mitigate risk. 

Director of distribution — $110,000



Alistair Berg/Getty Images


Median percent change from 2019:1%

Job Description:A distribution manager is responsible for overseeing and optimizing all warehouse and distribution operations. 

Cultivation manager — $112,650

Cultivation managers can make over $100,000.

AP Photo/Hans Pennink


Median percent change from 2019:11%

Job Description:A cultivation manager works under the director of cultivation and manages all aspects of a cultivation facility, including irrigation, pruning, pest management, cloning, harvesting, and curing.

Director of marketing — $115,000

Marketing directors can make $115,000.

Reuters


Median percent change from 2019:7%

Job Description: A director of marketing establishes a creative marketing infrastructure for the cannabis company, boosting brand awareness and maximizing consumer appeal.

Operations manager — $117,500

Operations managers can make $117,500.

Alberta Cannabis Inc/Handout via REUTERS


Median percent change from 2019:1%

Job Description: A cannabis operations manager oversees project management, in addition to account and vendor management.

Director of sales — $117,650

Sales directors can make over $117,000.

AP Photo/Matilde Campodonico


Median percent change from 2019:9%

Job Description: A director of sales leads the sales teams and fulfills sales strategies to maximize sales and profitability, working with the organization’s leadership team.

Testing-laboratory manager — $122,500

A participant in a University of Colorado study on the effects of cannabis on December 19.

REUTERS/Kevin Mohatt


Median percent change from 2019:12%

Job Description: A testing labratory manager implements and maintains compliance with health and safety guidelines, oversight of laboratory purchases, equipment maintenance, and ensuring compliance with applicable standards.

Controller — $127,500

Ganja Farms marijuana store in Bogota.

Reuters


Median percent change from 2019:8%

Job Description: A controller is responsible for all accounting operations, including designing the organizational structure, overseeing the operations of the accounting department, and hiring the accounting staff.

Director of compliance — $128,500

Flow Kana Cannabis Institute.

Flow Kana


Median percent change from 2019:16%

Job Description: A director of compliance directs policies and practices, ensuring all sectors of the cannabis organization complies with financial policy and regulations.

Director of merchandising — $130,000

Aurora’s Sky cannabis production facility in Alberta, Canada.

Aurora Cannabis


Median percent change from 2019:10%

Job Description: A director of merchandising is responsible for producing financial plans and partnering with the Inventory Manager to maximize effective product selection to increase profitability across all markets.

Vice president of compliance — $130,500

Hexo Corp.’s facilities in Gatineau, Quebec, on September 26, 2018.

REUTERS/Chris Wattie


Median percent change from 2019:8%

Job Description: A vice president of compliance possesses a thorough knowledge of multi-state cannabis industry regulations and is experienced in implementing effective compliance programs to meet state and federal requirements.

Director of retail, multistate — $132,500

The Mission Cannabis Club dispensary in San Francisco on March 19.

(AP Photo/Jeff Chiu)


Median percent change from 2019:12%

Job Description:A director of retail provides hands-on multi-state leadership to the store staff, ensuring they are prepared with the right policies, standard operating procedures, and infrastructure to deliver an ideal customer experience.

Supply-chain manager — $133,150



Getty


Median percent change from 2019:8%

Job Description:A supply chain manager develops both short and long-term production goals and production plans that aim to satisfy demand within the cost and capability framework.

E-commerce manager — $138,250



Crystal Cox/Business Insider


Median percent change from 2019:18%

Job Description: An e-commerce manager sets up marketing strategies, optimizes and manages e-commerce platform projects within a specific budget and timeline, and collaborates with the design and marketing teams.

Director of finance — $142,500



Drazen_/Getty Images


Median percent change from 2019:9%

Job Description: A director of finance works with the executive staff to determine a long-term business planning process, provides financial analysis on the direction of the
organization, and assists with investor reports and presentations.

Vice president of sales — $145,000

Harbor Collective dispensary in San Diego on May 22, 2019.

REUTERS/Lucy Nicholson


Median percent change from 2019:  13%

Job Description: A vice president of sales oversees multi-state development and distribution of cannabis brands, as well as manages the team, ensuring all financial plans are executed properly.

Vice president of marketing — $146,250



REUTERS/Lucy Nicholson


Median percent change from 2019:9%

Job Description: A vice president of marketing manages a variety of promotional projects, including digital marketing techniques, paid advertising campaigns, and consumer-facing events.

Vice president of product development — $147,150

Loving Kindness Farms in Los Angeles.

AP Photo/Richard Vogel


Median percent change from 2019:12%

Job Description: A vice president of product development provides leadership to the product development staff, as well as technical expertise to the manufacturing processes.

Director of human resources — $174,750



Hispanolistic/Getty Images


Median percent change from 2019:15%

Job Description: A director of human resources is responsible for the cannabis company’s personnel strategy, planning and talent management.

Director of operations — $177,500



Crystal Cox/Business Insider


Median percent change from 2019:13%

Job Description:A director of operations manages the growth and profitability of the cannabis processing and manufacturing operations and related facilities.

Director of cultivation — $189,000

Desert Grown Farms cultivation facility in Las Vegas.

Associated Press


Median percent change from 2019:16%

Job Description: A director of cultivation is responsible for overseeing all multi-state large scale greenhouse cultivation facilities, monitoring for proper vegetation, propagation, and distribution. 

Vice president of retail, multistate — $190,750

The Mission Cannabis Club dispensary in San Francisco.


Jeff Chiu/AP Photo



Median percent change from 2019:16%

Job Description: A vice president of retail oversees multistate dispensary operations and provides effective management of activities that promote and enhance the efficiency of a company’s operation to drive consistent profitability.

Director of IT — $217,000



Shutterstock


Median percent change from 2019:10%

Job Description:A director of IT oversees technical projects that are aligned with organizational goals, eliminates security risks, and directs the delivery of networks.

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