The University of Pennsylvania is known for its prestigious Wharton School. The prestigious Wharton School of about 70 members has created the first of its kind ivy league business group that is run by students and is cannabis-focused. The Wharton School of University of Pennsylvania also claims current U.S. President Donald Trump to be an alumni.
It should only be expected that ivy league students would put together a cannabis club. The statistics driving the cannabis sector are very impressive. According to analytics released by BDS Analytics in conjunction with research from the Arcview Group it’s estimated the legal cannabis sector will be worth roughly 15.7 billion dollars by 2022.
Creating Jobs and Much More
This number isn’t factoring in the countless amount of income for ancillary services or for increased revenue due to cannabis tourism. New Frontier Data predicts that nearly 300,000 jobs will be created for American workers approaching 2020 thanks to the Cannabis industry.
More About the Wharton Cannabis Business Club
The Wharton Cannabis Business Club is just like any other business school group with membership fees. They also provide for networking opportunities and host industry speakers for club members looking to gain more knowledge. This business group is specially created for those looking to target the cannabis industry for employment after graduation.
The WCBC currently has 6 MBA student officers. Colin Keeler, a Wharton MBA student and WCBC board member recently stated the following in an interview with Forbes.
“The federal illegality of the product has ruined far more peoples lives and put a tremendous amount of burden on our society by putting people in jail who dont deserve to be there, we are sort of righting a wrong right now that has gone on for far too long.
A Brighter Greener Future
It is positive forward thinking like this that will continue to drive the movement to end prohibition further. It is dedication like that of these students that will insure the continued growth of the industry as a whole. It will be quite interesting in my opinion to see how these individuals elevate the space to the next level in the coming years.
Posted: Tuesday, December 11th, 1:00pm 8 days ago
Written By: Ashley Priest
Ashley is a freelance cannabis writer and the co-owner of CannaLance. Her passion for sharing education and truth surrounding cannabis stems from a personal loss. Ashley has always had an elevated relationship with cannabis but it wasn’t until 2015 that she turned that passion and relationship into a career as a cannabis writer.