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Ranks of women, minority cannabis execs rebound to pre-pandemic levels

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The percentage of women and members of minority groups holding executive positions in the cannabis industry has returned to pre-pandemic levels after a significant drop during the past three years, according to a new report from MJBizDaily.

In 2019, MJBizDaily estimated that more than 36% of marijuana executives were women and 28% were from minority communities.

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Whether by choice or not, people from both groups exited cannabis leadership positions in 2020 after the COVID-19 pandemic upended the world economy.

By 2021, women were estimated to account for only 22% of executive positions in the marijuana industry, while people from minority groups represented just 13%. That didn’t change much in 2022.

This year, however, diversity returned to the C-suite for reasons that have yet to be determined.

According to the 2023 report, “Diversity, Equity & Inclusion in the Cannabis Industry,” women account for 39%

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