The 5 Best Jobs in The CBD Industry
So you want a job in the CBD industry?
In 2017 the legal Cannabis industry sold nearly 10 billion dollars worth of products with no sign of slowing down. In fact, sales are projected to hit the 50 billion dollar mark by 2026. The CBD industry represent a small but growing portion of those revenues. Experts predict that by 2020, the fledgling CBD industry will account for 2 billion dollars worth of Cannabis revenues. With the profitability and potential growth of this market niche, the CBD industry is poised to become a viable career choice for prospective job seekers. If you’re looking to add a value to your resume, consider checking out a few of the best jobs in the CBD industry. The demand is growing, pun intended, and you likely won’t have t worry about drug test.
Become a Hemp Farmer
Hemp is an industrial crop with many uses, the most exciting of which is CBD. The industry is severely under serviced by growers. There’s a large unmet demand for hemp worthy of extraction. With hemp prices soaring, a farmer can expect to net about $250 per acre from their farm. So, a 250 acre farm should net a farmer over $60,000 per year. That’s a decent living wage, especially considering the seasonality of the work and the lower cost of living in most farming areas.
Become a CBD Marketing Expert
Another niche position within the CBD industry is marketing. Certain restrictions don’t allow CBD companies from actively promoting their products on search engines or social media platforms. This means there’s a demand for qualified marketers who know how to engage potential buyers. It also opens the door to more traditional advertising channels, like print, radio, and television; while also creating demand for good SEO. Full-time marketers in the CBD industry can expect a wide range of income potential based upon skill, experience, and results. Entry level marketers can expect to start around $30,000 per year, with income potential crossing into six figure territory.
Sell as a CBD Affiliate or Outside Sales Rep
Most CBD companies offer an affiliate program on their site. This is a great way to make a few extra dollars through your social media or blog. The affiliate marketing industry as a whole weighs in at 3 billion dollars per year and growing. With a sales background, many CBD companies are open to hiring outside sales rep and paying them more favorable commissions on wholesale deals. Typical salesmen make a 20% commission on deals they close and can easily make $50,000 a year or more.
Become a Skilled CBD Extraction Technician
The extraction process for CBD is a precise, and possibly dangerous, science. Technicians experienced in laboratory science can easily make $75,000 a year. This isn’t your average backyard lab though, many experts in the field possess a Phd or have comparable experience. Since certain extraction methods utilize combustible materials in the process, knowledge and attention to detail is key.
Become a CBD Edibles Chef
As the CBD industry grows, so does the edibles market. People are increasingly seeking a more discreet way to consume their CBD. Becoming a CBD chef is more involved than knowing the Betty Crocker cookbook front to back. Precise measurements are necessary to obtain the right flavor to dosage ratio. This lucrative position can reward chefs with a yearly take-home-pay of over $50,000 or more. Consider becoming the kitchen owner and finding a niche to increase your potential income.
The CBD industry is booming, with no signs of slowing down. It’s the perfect time for early entry to a job market that looks to be ever expanding. Start bolstering your resume today, or simply work your way up to your dream job in the CBD industry.