Once the federal government finally allows medical marijuana to become a
legitimate part of the healthcare industry, Big Pharma could suffer the
loss of billions of dollars, a new report finds.
It seems the pharmaceutical trade has more than enough reasons to fear
the legalization of marijuana, as an analysis conducted by the folks at
New Frontier Data predicts the legal use of cannabis products for
ailments ranging from chronic pain to seizures could cost marketers of
modern medicine somewhere around $4 billion per year.
The report was compiled using a study released last year from the
University of Georgia showing a decrease in Medicare prescriptions in
states where medical marijuana is legal. The study, which was first
outlined by the Washington Post, was largely responsible for stirring up
the debate over how a legitimate cannabis market might be able to
reduce the national opioid problem. It found that medical marijuana, at
least with respect to those…
DES MOINES —In a trio of musty-smelling motel rooms on Pacific Highway South, a group of cops made four arrests in quick succession — two businessmen in button-down shirts, a college student who swung by after class and a man in his 50s who paid double to “party longer” with a woman he thought was a prostitute. Then a lull: For nearly an hour and a half, the cellphones of two undercover Seattle officers, in body-hugging clothing and heavy makeup, went silent.
Finally, one of the officers, wearing five-inch heels and a cleavage-revealing shirt-and-skirt combo, stepped into the bathroom to take a call. “Someone’s here,” she called out to her fellow officers a few minutes later.
A 40-year-old Auburn man walked into her shabby motel room and handed over $80. He then shrugged out of his jacket, skinned off his T-shirt and popped open his pants. Moments later, he was in handcuffs.