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Home»Business & Industry»Report: New Mexico Cannabis Industry Employs 4,600+ Workers
Business & Industry

Report: New Mexico Cannabis Industry Employs 4,600+ Workers

June 15, 2023No Comments2 Mins Read
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Report: New Mexico Cannabis Industry Employs 4,600+ Workers
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A report by the New Mexico Division of Workforce Options discovered that on the finish of final yr, the state’s hashish trade employed greater than 4,600 staff and about 88% of these staff had been employed by dispensaries.   

In keeping with the report, the overwhelming majority of cannabusinesses within the state had been retailers (112), adopted by agricultural (21), manufacturing (10), wholesale commerce (4), and all different sectors (4). 

Agricultural staff comprised 3.7% of hashish trade staff, with the manufacturing sector using 3%, wholesale commerce using 2.6%, and all different sectors using 2.4%, the report says.  

Hashish trade staff in New Mexico earned a median weekly wage of $560 per week throughout the fourth quarter of 2022, the report says, which was decrease than all different industries within the state aside from lodging and meals service, which had a median weekly wage of $474. The company additionally discovered that hashish trade wages have fluctuated because the first quarter of 2021 – when the common weekly wage was $655. The trade’s weekly wage peaked within the fourth quarter of 2021 at $715, in line with the information, however fell the next quarter to $588, earlier than rising to $622 within the second quarter of 2022, and $661 within the third quarter.  

The fourth quarter weekly wage in 2022 was the bottom because the first quarter of 2021.   

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