Medical Cannabis Could Pose $5 Billion a Year Threat to Big Pharma, According to Research – News

With cannabis legalization slowly spreading across the United States, it’s no secret that certain entities are throwing endless stacks of cash to lobby against the plant. One of the biggest enemies to the marijuana movement is Big Pharma, a multi-billion industry that rakes in big bucks to keep the country medicated and sedated. 

Recent findings have helped medical cannabis gain recognition as an increasingly appealing treatment for opioid and benzodiazepine abuse, two highly addictive substances that Big Pharma makes a fortune from. While it’s still relatively unclear exactly how much legal marijuana would impact this massive industry, a new study from New Frontier Data shows why the pharmaceutical sector is so vehemently against going green.

The data analytics company decided to look into what would happen if Americans used medical marijuana instead a prescription pills for nine different illnesses (chronic pain, post-traumatic stress disorder, anxiety, nerve pain, nausea stemming from chemotherapy, Tourette syndrome, glaucoma, and epilepsy) that are commonly treated with cannabis.

The research found that if pot was federally legalized, Big Pharma could…

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