Big Pharma's Fight Against Medicinal Marijuana

Now if only we could get this increased to a more meaningful number, amirite?

Derps aside, thank you very much AG. You’re a damn good source of useful knowledge

Okay, I’m following.

No worries. If I’ve learned anything from my career thus far, it’s how carefully I have to phrase basically any number I present (and people still screw it up all the time, lol). Percentages just seem to be really hard for a lot of people to understand - I’m always making statements like “12% of patients that received the Medtronic device had a stroke within 30 days of the procedure” or something like that, and they’ll turn it around completely “12% of stroke patients got Medtronic devices” or god knows what other incorrect bastardization of the statement.

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God I hope you never get into statistics lol … you’d be a danger to yourself and others lol … and you’d probably make a lot of dough lol … a lot of unscrupulous bastards out there that are looking for people to fudge the numbers :wink:

Conversely, this is also a very good reason I should never get into having legitimate power over people.

Lol, ya, I’m sure it’s frustrating.

I still don’t think that’s “meaningful” enough to add even more taxes to what a government decides is “sin”, but that’s a separate issue (not your bone to pick, I know).

And, as I said earlier, I’m pretty skeptical about the impact higher taxes have on lower earners and hope you remember to resurrect the thread in the future when you publish.

lol … I agree

That’s kind of my point they almost never are. The purpose of a tax is to raise revenue not change behavior. Vice taxes usually start with modest results and eventually get raised to a point where a “black market” ensues (or an alternative similar vice).

At this point with pot, if the government legalizes it does that means it’s good? Or if they tax it to a degree that is intended to limit it’s use, is it then bad?

…and yet we have things like a Carbon Tax which doesn’t even hide the fact that it’s meant to curb/control behavior (even if the intended behavior is to actually keep new entrants from entering and stifle competition, but that’s neither here nor there :wink: )

Imo legalization in a blanket sense with 0 tax and regs is still a good thing. I just don’t see it being a realistic way to get things passed in our country.

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Being semi-serious, I read a decent article a few days ago that discussed things like major Supreme Court and other legal decisions made based on data and whether they actually interpreted the data correctly. Given what I see on a regular basis, I am a combination of intrigued and horrified, because I know how easily data can be manipulated (willfully or out of ignorance) to make something sound good, and how the not-quantitatively-savvy can be fooled.

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I am Jack’s complete lack of surprise

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Do you have an inflamed sense of rejection as well?

I am Jill’s nipples.

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I apologize if this is a dumb question, but why doesn’t Big Pharma just get on board behind medical marijuana? And if they already have, then I haven’t noticed and please disregard this post lol.

With the billions of dollars that BP has, I’d imagine they could hasten the legalization as well as start up some pretty state of the art marijuana growing facilities. Instead of fighting/resisting, might as well get on board and have your share of the billions that will inevitably result from weed becoming legalized.

I also think some people think that prescription drug use will decline dramatically as soon as marijuana is legalized (both medicinally and recreationally), but I don’t think that’s the case. There are still plenty of things that smoking a bowl can’t help you with, I’m sure. I’m no expert on economics or marijuana, but I believe that people are overestimating how much prescription drug use will decline, and underestimating how much marijuana use will increase.

I, for one, do not smoke, although I don’t have a problem with anyone who does. However, once it is eventually legalized in my state, I imagine that I’ll opt for weed instead of alcohol occasionally. I think a lot of people are in the same boat as me, in that we don’t dislike weed, but it just isn’t worth the trouble if you get busted by the cops or parents or a significant other who doesn’t like it.

They already are. The vast majority of recreational AND medical bills that states have proposed have had Big Pharma funding and pressure.

The problem is many of these bills have wrote into them the idea of forming what are essentially monopolies on the growing/distribution. Due to this many states have voted it down purely to keep Big Pharma from retaining that level of control.

In Ohio, it was just voted down for that exact reason. The bill pre determined the companies that would be allowed to grow/sell and created stupidly high barriers to enter the market.

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This is true. I had a coalition of the willing, investors and real estate guys starting up a business plan ready for if the law passed. We asked for an information packet from the state what the requirements would be to get licensed… and basically they told us that the bill already had every company in place. No new permits would be granted. They actually wrote the sponsor companies into the legislation. Bought and paid for.

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How is that even legal?

It wouldn’t have held up to lawsuits, that’s one of the reasons it didn’t pass. They were trying to amend it to have token licenses up for bid, but you had to prove you had either $15M in cash reserves and access to $30M more and a bunch of other BIG barriers to entry.

Ohio actually wanted legalized MJ, but that bill was crooked.

A lot of the townships and cities weren’t going to grant permits in City limits for distributors. So my business model had the grow location and then basically retrofitted Brinks trucks to drive around and sell MJ with snacks. You could update customers to your location with an Ap and operate in friendly townships or rent a parking space in an unincorporated place right outside city limits.

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Everything is legal if you just write it into the law.

Ohioans were actually terrified that it would hold up to lawsuits. That was basically THE driving force for the pro weed vote no anyways people.

Imo next cycle OH will vote in recreational if the bill isn’t so blatantly bad for the consumer.

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Lol,

image

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