Is the Cannabis Industry Repeating Silicon Valley’s Worst Mistakes?

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Is the Cannabis Industry Repeating Silicon Valley’s Worst Mistakes?

Flickr / Cannabis Pictures / CC BY 2.0

One oft-cited statistic about the cannabis industry claims that women hold 36% of leadership positions in the industry, higher than the 22% average across all U.S. businesses. That figure was first published in 2015, but it’s hard to know where it stands at the dawn of 2018; sales of legal marijuana hit $6.7 billion last year and are projected to exceed $20 billion by 2021.

Like digital technology two decades ago, legal cannabis is a new industry that’s being built rapidly from the ground up.

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