Huge numbers of students in the United States are considering studying marijuana-related programs in major universities, especially with the numerous job openings in the cannabis industry. Estimates show that the marijuana industry will support more than 400,000 jobs this year, based on the current rates of growth.
Recent reports also show that by 2029, cannabis jobs will have increased by at least 160%. This isn’t a surprise as the marijuana industry is a burgeoning industry, having grown by 47% since 2019. The industry is also the economic driver in some emerging markets globally, with total yearly sales for 2020 hitting $18 billion. Projections show that by 2030, this flourishing industry will be worth about $100 billion; it is currently valued at $60 billion.
Despite these promising figures and the need to fill various positions with appropriately trained and competent individuals, the lack of federal legislation for marijuana and related substances has called into question the legitimacy of these programs. The lack of federal accreditation agencies for these degrees doesn’t help either.
However, various labs across the country that received authorization from the Cannabis Testing Lab Accreditation Program can conduct research on various terpene and cannabinoid properties. Appropriate tests on residual solvents, heavy metals, microbial contaminants and pesticides can also be carried out by these laboratories.
Marijuana degrees aren’t limited to research alone. The cannabis space, which still has a lot of expansion to do, has equipped students for opportunities in chemistry, engineering, technology and math. Students interested in cannabis and all that it entails need to focus on medical marijuana innovations while also having knowledge on the lucrative opportunities for business in the space.
Many expect that when a cannabis federal legislation is approved, the necessary accreditation agencies will be created and financed. Currently, universities and colleges in the U.S. provide three to four years of marijuana education. Various cannabis companies are also providing their employees with scholarships to study at top institutions in the country. This includes companies such as like Steadfast Labs and Veriheal, which are offering yearly scholarships worth $1,200 to employees who are interested in pursuing a marijuana-related degree.
It should be noted that not all accredited universities provide full degrees in marijuana courses. Some offer a number of lessons, while others offer full-time and part-time classes.
Accredited schools investing time and funds in preparing students with cannabis education include the University of Denver, Lake Superior State University, Northern Michigan University and Thomas Jefferson University, which also offers postgraduate degrees in the same.
These academic institutions are in a way helping entities such as American Cannabis Partners fill the talent gap that makes finding the right employees a difficult task in the marijuana industry.
NOTE TO INVESTORS: The latest news and updates relating to American Cannabis Partners are available in the company’s newsroom at https://cnw.fm/ACP
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