White males top Nevada’s marijuana industry, but women make gains

Males, especially white males, continue to control the upper echelons of Nevada’s marijuana industry, but females made some strides in the owner-manager category in the past year.

That’s according to the state’s annual demographic study of the Nevada cannabis industry.

The survey, required by regulation, is designed to assist the state’s Cannabis Compliance Board in its efforts to increase industry diversity and inclusion.

Nearly 6,700 responded to the survey, compared with about 4,000 respondents the previous year.

Business leaders need reliable industry data and in-depth analysis to make smart investments and informed decisions in these uncertain economic times.

Order your 2022 MJBiz Factbook, out now!

Featured Inside:
  • 200+ pages and 50 charts with key data points
  • State-by-state guide to regulations, taxes & opportunities
  • Segmented research reports for the marijuana + hemp industries
  • Accurate financial forecasts + investment trends

 

Stay ahead of the curve and avoid costly missteps in the rapidly evolving cannabis industry.

Key takeaways included:

  • Males accounted for 65.5% of owner-manager positions, 83.7% of board positions and 75.9% of officer positions.
  • Women made some inroads in the owner-manager category, increasing from 28% a year ago to nearly 35%.
  • Roughly 20% of owner-managers identified themselves as minorities (the number takes into account respondents who identified with two or more races).