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Poets and Quants: Business schools tap into cannabis sector

With marijuana being legalized in some US states, business schools are now looking into the market in order to stay ahead. Earlier this year, Cambridge Judge Business School and cannabis investor White Sheep Corp announced their collaboration on the first “seed-to-sale” accounting case study on the cannabis industry – “‘High’ Profits From Accounting For Cannabis Plant Inventory”. The study is co-authored by Alan Jagolinzer, Professor of Financial Accounting at Cambridge Judge, and the goal is to have students “develop an understanding of the complexities behind financial reporting in the sector as well as the level of discretion that management has in dictating these figures.”

Read the full article [poetsandquants.com]