Forget the grass ceiling, many female tech execs are mowing down competitors.
Are cannabis and technology the great equalizer in women’s representation in the C-suite? It may be too soon to know, but female executives in the Canna-tech space are nonetheless making their mark.
According to a recent white paper by The Arcview Group and National Cannabis Industry Association, only 8 percent of cannabis CEOs are women. Surprisingly (or not), this mirrors the national average of women CEOs in Fortune 500 companies (a milestone reached this year).
But the quality far outweighs the quantity. A 2020 McKinsey report investigating the business case for diversity reported that companies with more than 30 percent women executives were more likely to outperform companies with a smaller female representation.
Despite the “grass ceiling,” here are five women who are forging their path in cannabis tech as founders and CEOs, and are part of the growing representation in an industry that has only begun to grow.
Published: March 24, 2021
Founder & Interim Editor of L.A. Cannabis News