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LSSU starts cannabis business degree program

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SAULT STE. MARIE, Mich. -- After successfully launching a Cannabis Chemistry program, Lake Superior State University has launched a baccalaureate of science in cannabis business. The cannabis business degree provides students with the knowledge and skills necessary to obtain meaningful employment in the booming cannabis industry. LSSU Lukenda School of Business faculty recognized the demand for qualified candidates in this multibillion dollar industry, and designed the cannabis business program for future managers, supervisors, and business developers within a commercial enterprise.

LSSU is preparing the next generation for jobs, many of which are in the new legal cannabis industry. Over 60 percent of the general public support full legalization, and according to an article from February in The Boston Globe, all 2020 presidential candidates also support legalization. Ten states have legalized cannabis for adult use, while an additional 33 have legalized medicinal cannabis for adults. Let's not forget Canada, our neighbors to the north, who legalized cannabis in 2018. This has created the need for qualified candidates in product development, marketing, consulting, and lobbying, as well as individuals familiar with the overarching laws and policies in accounting, banking, and real estate in cannabis and hemp businesses.

"Preparing students for tomorrow is our goal, and with a projected annual growth rate of over 28 percent and sales reaching $47 billion in the next decade, LSSU cannabis business graduates will have the skills and knowledge to take the lead in this emerging industry," said Lukenda School of Business Professor Ralf Wilhelms.

The foundation of this innovative program cultivates a hybrid of business management courses with the principles of cannabis-specific business functions and operations. This transforms a traditional business degree into a cannabusiness degree, fast tracking graduates for a wide range of careers both in, and adjacent to, this progressive new industry.

"Our core mission is to equip graduates with knowledge and practical skills for meaningful employment in Michigan and across the nation," says LSSU President Rodney Hanley. "Our Cannabis Business graduates will become the next generation of leaders in this rapidly evolving industry."

To learn more about this new program, contact Admissions at (906) 635-2231

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