Sault Ste. Marie, Michigan - Since 2019, students at Lake Superior State University have been able to pursue a degree in the nation's first cannabis chemistry program. Now, the school is offering a high reward for its stoned students.

The university in Sault Ste. Marie, Michigan, is launching its first cannabis scholarship, according to CNN.

Steadfast Labs, a cannabis testing facility close to Detroit in Hazel Park, will be granting an annual $1,200 scholarship for students pursuing a degree in cannabis chemistry at LSSU.

The cannabis company is committed to ensuring access to safe cannabis medicine in Michigan, where the medical as well as recreational use of marijuana is legal.

"We're committed to encouraging and supporting the best scientific talent," Avram Zallen, founder and CEO of Steadfast Labs, told the network.

To be eligible for the jack "pot," students must be at least sophomores with a minimum GPA of 3.0. Students living in the Detroit area will be prioritized.

While a degree in cannabis may sound strange to some, LSSU claims the industry is in its high times, with university data projecting that over 500,000 jobs will be generated in the next year as more and more states choose to legalize.

Students that graduate with a marijuana degree are expected to be filling jobs in "emerging cannabis markets of law enforcement laboratory scientist, public health and safety, regulatory management, and business applications."

As the first school in the country to offer a degree in the fast-growing industry in the US, LSSU seems to have started a trend.

Other schools around the country, including Cornell University and the University of Maryland, have since followed suit with their own classes focusing on various aspects surrounding weed, CBS reported.