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Anonymous
Anonymous asked in Politics & GovernmentLaw & Ethics · 1 decade ago

How much money do the big drug companies stand to loose if they legalize marijuana?

If it is made legal even just for medical purposes people who are afraid to use marijuana because it is illegal, and use prescription drugs for many different ailments will now try it and find out it works for a wide range of things. Will the drug companies now become pot farmers? If they already already haven't started to in projection of legalization.

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  • 1 decade ago
    Favorite Answer

    Drug companies do not want marijuana legalized as they have not found a way to profit from marijuana. They have synthesized a prescription drug containing synthetic THC called dronabinol (marketed under the name Marinol). Unfortunately this drug has been shown to be medically inferior to the natural cannabis plant.

    Researchers have found that synergy plays a major role in this phenomena. This is the reason that any plant with medicinal value is more effective in herbal extract form than it is in synthesized drug form.

    In fact, hundreds of prescription pharmaceuticals are derived from plants. They are usually created by isolating the sole active ingredient and leaving out all other chemicals. As it turns out, research has shown that most health benefits from plants are due to synergists (all of the additional active chemicals) that work with the primary active chemical to achieve its effect.

    This is why medical cannabis is more effective than dronabinol. It contains the full range of cannabinoids all in the proper ratio's that allow the active ingredients to work most effectively.

    So far the cannabinoids in marijuana are known to have the following effects:

    + Anti-emetic (anti-nausea)

    + Helps with chronic pain

    + Anti-tumor agent (shown to kill brain and lung cancer cells)

    + Antioxidant (especially in protecting brain cells from damage)

    + Neurogenerative (increased brain cell growth in hippocampus)

    + Helps with neurological disorders such as Alzheimer's and MS

    This is just a brief list of medical benefits that have been found so far. If you would like to learn more, google search delta-9 tetrahydracannabinol and you can read about more studies regarding its medical value.

    Obviously the drug companies stand to lose a lot since you can't patent a natural molecule. (In order to patent a synthetic drug made from plant sources, you must have an altered version of the active ingredient so no natural molecules remain. This altered molecule can then be patented, but since it is not exactly the same as the natural version, it doesn't usually work as well in the body.

    One of the most important things about biological life is molecular geometry, literally the shapes of the molecules. On a molecular level, these shapes all interact to allow for most processes required to survive. Most side effects of drugs come from their alteration and are not present in their natural source.

    If anyone can grow this versatile medicine, then the drug companies are left out of the loop. People can reduce the cost of their medicine to fertilizer and water.

  • 5 years ago

    It will not get legalized. I am sure everybody in the Senate had tried pot when they were young in the 60's. Even the president Clinton did it, so they would have legalized it by now if they thought it was a good idea. If pot goes medical, same pharmaceutical companies will be making and selling it instead of drugs. So they will make all the money. And most older people will not use it b/c taking a pill is easier than smoking a joint. There's the smell, the smoke, the risk of fire, the risk of getting hurt while high.

  • 1 decade ago

    A lot, Marinol is the prescription drug containing THC(the main psychoactive ingredient in Cannabis) but has been reported to not offer the same relief as smoked cannabis. Because of this pharmaceutical companies spend thousands each year lobbying congress to keep marijuana illegal. They are by far the number one lobbying group advocating against drug law reform, primarily cannabis.

  • 1 decade ago

    The biggest issue is that then there would be no way to control the people who decide to grow it themselves. It would be impossible to catch them all. Then the gov't would not make any money and neither would the drug companies because I daresay there are many more experts out in the public when it comes to growing the plants.

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  • Anonymous
    1 decade ago

    None. They will benefit from a regulation of the drug backed by our government who will then no doubt tax the hell out if it. Health care and the consumers will flip that bill.

    Interesting question...

  • Anonymous
    1 decade ago

    They stand to lose little to none. Marijuana mitigates symptoms or eases side effects but is not like an anti-microbial. For instance, Keflex will still sell.

  • 1 decade ago

    And if it was made legal for purely medicinal purposes, people would still be buying it for illegal use because not one in a hundred users have a legitimate need for it.

  • Chris
    Lv 5
    1 decade ago

    None,

    They would be the only ones allowed to grow it.

  • Anonymous
    1 decade ago

    they're making it legal? YES.

  • Anonymous
    1 decade ago

    they won't lose money they will make money.

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