Women Are Growing A More Diverse Cannabis Industry

Christine Green

New Member
Marijuana prohibition in the US is quickly losing ground, with 13 states having passed decriminalization laws since 1973 and at least 20 states poised to vote on similar measures in 2016. As cannabis inches towards broader legalization, it has created the country's fastest-growing industry——and women are investing early. While people have been using and consuming the plant for ages, its 'official' market is growing almost from scratch, allowing female entrepreneurs to carve out a space for themselves in it from the beginning.

More women hold executive positions in the cannabis industry than in any other

The cannabis industry, like many others, is stereotypically thought of as largely male-dominated, but today women hold more executive positions in it than in any other field. Melissa Meyer, head of the New York chapter of women cannabis entrepreneurs networking group Women Grow said women's participation has grown due to women supporting and educating each other through groups like these, and women from other fields being drawn in by the flexibility of the burgeoning industry.

"Many industries that attract really smart women, like tech, media, and finance are largely male-dominated," she said. "Some very talented women aren't satisfied there, and are bleeding from those industries and taking the opportunity to start a culture from scratch. In the cannabis industry, we are able to set our own agenda, so even though it is still male dominated in terms of numbers, we are creating a space where the cultural agenda is being set by women."

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News Moderator: Christine Green 420 MAGAZINE ®
Full Article: Women Are Growing a More Diverse Cannabis Industry
Author: Kari Paul
Contact: (212) 903-5000
Photo Credit: Women that Grow
Website: Women Are Growing a More Diverse Cannabis Industry
 
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