Posted by
HATER_PLAYER
drug conglomerates would lose profits due to medicinal properties of a plant that literally anyone can grow themselves...not to mention the numerous amount of their current products that would be slowly rendered obsolete due to inevitable further research about the real medicinal potential of cannabis (i am of the mind that the true potential of cannabis has not yet been studied in earnest, due to a fervent anti-marijuana movement in North American law enforcement communities, that holds much influence over government agencies devoted to research of illegal drugs).
you are close, but not quite bang on. north american pharms are only a small fraction of such interests. globally there is a huge pharm market and industry, many of which continue to research the applications of cannabis derived compounds.
there are many companies conducting long term and far reaching test groups for those suffering MS, chemotherapy, glaucoma and so on and so on.... each ailment has a number of companies considering it, each company with a number of products being tested, each product with a number of test groups.
of course as per america, such R&D is inihibited by the necessity of tight regulation, license issuance and other safe guards; but it is lacking in logic to presume that the drug conglomerates who would likely profit the most from cannabis legalisation are actively trying to inhibit it.
now if you would consider how cannabis consumption would directly cause a reduction in tobacco cartel profitability; would provide a tremendous export commodity for down trodden south american and asian nations; not to mention how the wealth of cannabis derived by-products to the narcotic elements, such as the fibre for paper and rope production.... well you begin to appreciate a broader sense for why this bogus and inconsistent prohibition remains.
and then of course you can also look at the revenue created thru the fees for R&D license applications and the fines handed out for possession / dealing and legal fees etc.....
law is a bidnis innit? keep your profits up and the competitors down.
