The University of the Sciences in Philadelphia announced last week that it would begin offering a Master of Business Administration degree program focusing on the cannabis industry. The university is currently enrolling students in the Cannabis Industry Option MBA in Pharmaceutical and Healthcare Business program and will begin conducting classes online in September.
Founded in 1821 as the Philadelphia College of Pharmacy, the first college of pharmacy in North America, the University of the Sciences now offers more than 30 degree programs from bachelor’s through doctoral degrees in the health sciences, bench sciences, and healthcare business and policy fields.
Andrew Peterson, the executive director of the University of the Sciences Substance Use Disorders Institute, said in a press release that the new degree program will help train business professionals for the quickly growing legal cannabis industry.
“There are many unique aspects to the medical cannabis and hemp industries, and those in this new industry have been testing the waters for the last few years,” Peterson said. “This new program will help to formalize those teachings for those currently in the cannabis industry, entering the field, or interested in other fields associated with the industry.”