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The total (compensation) package

Cannabis pays. From trimmers, stock clerks and budtenders to master growers, chief extractors and C-suite executives, all are more likely to make at least as much or more money than comparable positions in mainstream industries such as consumer goods, alcohol and agriculture. That’s what Marijuana Business Magazine number crunchers—led by research and data analyst Maggie […]

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Regional and state compensation differences

Marijuana Business Magazine’s salary data reveals regional trends that were echoed by cannabis industry observers. Perhaps the most significant: East Coast cannabis companies in search of candidates with marijuana industry experience are pulling employees away from West Coast rivals by offering better pay and perks.

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Stock option salary sweetener

To win over job candidates, cannabis companies are increasingly offering incentives in addition to compensation, the most common of which are stock options. In many other industries, especially new ones—think internet firms of the late 1990s—companies have offered stock options to employees. New companies, which might not be able to wrest a candidate from a […]

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Staying competitive with cannabis compensation

Payroll is the biggest expense for most companies, and controlling it is paramount to any cost-conscious business. But paying competitive salaries is critical to attracting talented executives a company must have if it wants to grow – from managers and high-skill specialists to budtenders and trimmers. If your employees leave because your competitors are offering […]

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Comparing cannabis salaries to mainstream industries

Payroll is the biggest expense for most companies. But how does your company’s salary schedule compare to others in your state and the cannabis industry as a whole? According to data analysis by the staff of Marijuana Business Magazine, lower-skilled, lower-paid marijuana jobs pay slightly more than mainstream equivalents, including budtenders, trimmers, dispensary managers, edibles […]

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