[the Data Tell] A Really Great Story About Whats Happening In The Cannabis Industry, And It Tells A Really Stark Story About Business Overall, Says Taylor West, Deputy Director Of The National Cannabis Industry Association In Washington, Which Represents 1,100 Businesses Nationwide.

It spawned by the legalization of the plant for medical or recreational purposes in 26 states plus the District of Columbia (including recently passed ballot measures). In some sectors of the marijuana business, the numbers appear to be more striking. According to a survey of 632 cannabis executives and professionals conducted by the Marijuana Business Daily in 2015, women are in leadership positions in 63 percent of labs that test cannabis potency and safety, and in nearly 50 percent of companies that make and sell cannabis-infused foods and other products. How does that compare with the gender ratio in other industries? Among venture capital-financed, high-growth technology startups, just 9 percent are led by women , according to a July 2016 Harvard Business Review article. Women are majority owners of 36 percent of small businesses, theyfilled 22 percent of senior management positions in mid-size US companies, and 5.4 percent of CEO jobs at Fortune 1000 companies in 2014, according to a 2015 Pew Research report. “[The data tell] a really great story about whats happening in the cannabis industry, and it tells a really stark story about business overall,” says Taylor West, deputy director of the National Cannabis Industry Association in Washington, which represents 1,100 businesses nationwide. (Despite the progress, though, she points out that women comprise half of the US workforce so gender parity still hasn’t been achieved in the pot industry.) How much do you know about marijuana? Take the quiz Why are women Marijuana Stocks shattering the glass ceiling in some segments of the marijuana industry? Some observers say this business draws liberally minded rebels who are less likely to uphold gender traditions. Also, Ms. West notes that the legal pot business is brand new, and therefore unhampered by established business networks that in other industries seem to be navigable only by insiders.

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