Cannabis Business (CBU)

Students will learn about and engage in course activities related to the history of cannabis and the rapidly developing trends in cannabis business, laws, regulations, and ethics. In particular, students will examine emerging practices, concepts, and issues in the cannabis industry relating to regulatory framework, illicit cannabis market, operating in cash, taxation, human resources, and social justice and equity.

This course introduces the use of accounting information as a basis for planning, control, and managerial decisions. In particular, students will gain an understanding of core accounting concepts, financial statements, and how to make financing, investing, and operating decisions that will create value for organizations. The course also discusses the role of inventory management in supply chain and logistics.

In this course, we will explore the industrial hemp agricultural and manufacturing industry by focusing on the materials, processes, products, and economics in the industrial hemp supply chain. Specifically, we will examine the: Agricultural processes used in growing industrial hemp plants; Material science of the hemp plant as an industrial raw material; Engineering processes needed to transform hemp biomass into new material forms; Products and markets that utilize hemp-derived materials; Business models and supply chains used by industrial hemp businesses; Sustainability in the hemp industry at a holistic, systems level (technically, environmentally, economically, and socially); Supporting infrastructure necessary to sustain a growing industrial hemp industry.