It’s one of the fastest growing industries in the nation, legal and medical marijuana. According to one report sales of weed are on track to top $3 billion nationwide this year. Now there is a seminar teaching women how to break into the industry.
It’s an industry that is dominated by men and continues to expand. Four states and Washington D.C. have legalized recreational marijuana so far, and half the country allows medical marijuana.
Many budding entrepreneurs think now is the time to nab a piece of the pot pie, they’ve started a program to get more women started in the business.
“I’ve met people that are basically doing every kind of business, it’s just gearing that business toward marijuana,” said Lisa Francine Carter.
Lisa Francine is one of about 100 attendees at the Women Grow Networking event. She’s at the event to learn more about the cannabis industry, in which men account for 85% of the power players.
“Women account for 80% of household purchases, and 85% of healthcare decisions, so Women Grow felt like the feminine touch was left out of the industry a bit,” said Sara Gullickson.
The events provide both men and women with connections in the industry.
“It’s a safe place for people involved in the industry to go and share ideas about the cannabis industry,” said Gullickson.
Right now there are only 126 facilities in Arizona that cultivate and sell medical marijuana.
“Here there’s like a huge opportunity for growth because it’s a small amount of dispensaries covering a large population,” said Carter.
The trajectory for the cannabis industry is on the upswing, and many are seeing green, hoping to capitalize on the industry which is in its infancy in Arizona.
“There’s no doubt this business is going to keep booming and why not get in while it’s a small group of people,” she said.