CZEN 420: The Business of Cannabis

CZEN 420 The Business of Cannabis, cannabis photo in the background

“At The Chang School, we take great strides to ensure that our programming aligns with the needs of the Canadian labour market. An estimated $23 billion-dollar industry, there will be a multitude of unique business and employment opportunities that will present themselves with the legalization of recreational cannabis use.”
– Dr. Marie Bountrogianni, Dean, The Chang School

Watch Dean Bountrogianni discuss how The Chang School is addressing the market need for a course in the business of cannabis!

The Chang School is the first university continuing education provider in Ontario to offer a course on the business of cannabis.

This introductory course is perfect for entrepreneurs who want a competitive edge in seizing this billion dollar business opportunity. Building on Ryerson's expertise in entrepreneurship education, the course explores a range of topics including financing for cannabis businesses and the complex regulations pertaining to the cultivation, processing, distribution, marketing, and selling of cannabis. Students will also create a business plan and participate in a site tour.

Note: This course is open to all and has no prerequisites, however, it is strongly recommended that students have an understanding of basic business concepts.

Students interested in registering for this course should send a copy of their resume to Melissa Johnson, Program Coordinator, at m1johnso@ryerson.ca.

Who should enrol?

  • Entrepreneurs seeking the essential knowledge and skills to start their own legal cannabis business
  • People who are seeking entry or intermediate level functional positions in the cannabis industry and want to increase their employability

What will you learn?

  • How to apply entrepreneurship principles, such as opportunity identification and evaluation, lean methods and bootstrapping, to the business of cannabis
  • The most up-to-date cannabis legislation at the provincial and federal level, and the regulations around cannabis cultivation, processing, and distribution
  • How a typical cannabis business is financed, the trade-offs between financing options, and the basic rules governing cannabis accounting under International Financial Reporting Standards (IFRS)
  • How to strategize marketing effectiveness in a highly-regulated environment
  • Issues specific to medical cannabis, such as obtaining a permit, insurance coverage, use at work, and driving.

For more information, please contact Bradley Poulos, Academic Coordinator, Entrepreneurship and Strategy, at bpoulos@ryerson.ca.