Dear Stoner: I want to get in the weed industry, but I don’t want to make minimum wage for very long. Which positions should I go after?
Dear Denny: Obviously, your immediate earning potential and career trajectory will depend on your experience around the plant. If you have any cannabis cultivation, extraction or retail management experience, that’ll help you move up the food chain quickly if you want to cash in as a lead grower, extractor or dispensary manager. According to cannabis recruiting firm Vangst, pot cultivation directors earn around $88,000 on average and as much as $250,000, while lead hash extractors earn an average of $72,000, topping out at just over $190,000. But those aren’t the only opportunities for big bucks from big buds.
Cannabis businesses, especially the bigger players, have a need for professionals in tech and software, regulatory compliance, sales, marketing and other traditional professions that now apply to a unique industry. All of these roles are essential for a cannabis company to be taken seriously and can lead you on a path toward a six-figure salary, too.
If you really want to hit it big, though, you’re going to have to start your own company — or become a large investor in one, at least. It’s hard to get rich working for someone else.
Send questions to firstname.lastname@example.org.
Keep Westword Free... Since we started Westword, it has been defined as the free, independent voice of Denver, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Denver with no paywalls.