Meet 5 of the Most Powerful Women in the Pot Business
It’s high time women took on the industry.
The newest industry in the U.S. may also be the most female-friendly.
In corporate America, women hold about a quarter of leadership roles and less than 5% of CEO positions. But in the fledgling cannabis industry, women make up about 36% of leaders, including 63% of high-level positions at testing labs and half of leadership roles at infused products and processing companies, according to a survey conducted by Marijuana Business Daily.
In honor of 4/20—the 20th of April, which has become an unofficial marijuana holiday in the U.S—Fortune took a look at some of the pot industry’s female pioneers, including a “cannabusiness” investor, a dispensary owner, a grower, and a professional connector.
A “genius entrepreneur,” Jazmin Hupp launched six different companies before entering into the cannabis industry in 2014. Just two years later, WomenGrow, the professional network for women in the cannabis industry that she helped found, has grown to 30 chapters across the U.S. The network’s goal is to increase the number of female business leaders in the nascent industry and keep it from becoming yet another male-dominated corporate sector.
