- 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.
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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,
Vireo Health, a Minneapolis-based cannabis company, has changed the name of its Minnesota Medical Solutions cannabis-patient centers to Green Goods.
“The Green Goods brand is the next evolution of Vireo’s continued commitment to providing patients with best-in-class medical cannabis products and customer experiences,” Dr. Kyle Kingsley, the firm’s chief executive, said in a statement.
Its retail outlets in Minneapolis, Bloomington, Rochester, and Moorhead are being renovated to “create a relaxed and engaging environment” and “serve more patients in a timely fashion,” the firm said.
Vireo Health expects to open two new locations in Blaine and Hermantown under the Green Goods brand by November and additional locations in Burnsville and Woodbury should open by the end of 2020.
Green Goods locations also will have on-site pharmacists and a “knowledge bar” for patients seeking information. The renovated shops will also be used for community engagement events, charitable giving programs, and