Women, minority execs show few gains in US cannabis industry, report shows

The percentage of executive positions held by women and racial minorities in the U.S. cannabis industry remained little changed in 2022 compared to last year, according to a new report from MJBizDaily.

However, both groups have experienced steep declines from pre-pandemic highs, when they often outpaced their cohorts in mainstream businesses.

According to the 2022 report, “Diversity, Equity & Inclusion in the Cannabis Industry,” women holding executive positions in the cannabis industry grew by only a percentage point over the past year, to 23.1%.

That’s down sharply from 36.8% in 2019, before the COVID-19 pandemic.

The number is also below national averages for all businesses.

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The U.S. Bureau of Labor Statistics (BLS) reported that 29.1% of chief executives at mainstream companies in 2021 were women, a number that has been rising steadily since the government started tracking the statistic in 2003.

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