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Cannabis legalization decreases stock market value of major pharmaceutical firms

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Re: Cannabis legalization decreases stock market value of major pharmaceutical firms

#131

Post by rascul »

giantg2 wrote: post #110
rascul wrote: post #33

Earlier quoted context omitted.

Yes, it's prohibited at the federal level, but the state laws on that vary, and the states are generally the ones doing the enforcement. An example, in Mississippi ( http://billstatus.ls.state.ms.us/documents/2022/pdf/SB/2001-... ): > A registered qualifying patient or registered designated caregiver shall not be denied the right to own, purchase or possess a firearm, firearm accessory or ammunition based solely on h…

No, the ATF will absolutely go after the individual if you lied on the federal form.

The ATF isn't investigating every form to determine if you lied. Nor are the forms always used for firearm purchases.

Re: Cannabis legalization decreases stock market value of major pharmaceutical firms

#132

Post by ceejayoz »

spookthesunset wrote: post #86
base698 wrote: post #62

Earlier quoted context omitted.

Because pharma is 70% of the ad spend on Television news and one of the top lobbying industries?

Sure but it isn’t the generics doing any ad spend. Unless there is some hip new opioid I’m not aware of (street fentanyl?) all the opioids are generic at this point. “Bob & Dave’s Pill Company” sure as heck isn’t pimping their generic hydrocodone on TV nor are they taking doctors out to golf.

Don't worry, they know how to fight that scenario. Drug companies have gotten really good at fighting/delaying/squashing generics.

https://www.npr.org/sections/health-shots/2013/04/17/1776023...

> In 2010, Purdue Pharma LP replaced the original OxyContin with an abuse-resistant form, in an effort to reduce deaths and overdoses caused by the powerful pain medication, which was licensed in 1995.

> The new version of OxyContin includes an ingredient, a polymer, that makes it harder to crush and snort or inject to get a quick, heroin-like high. When the new version was introduced, Purdue pulled the original OxyContin off the market. The patent on the new version runs until 2025.

> On Tuesday, the FDA said that it won't approve generic versions of the original formulation of OxyContin, a long-acting narcotic pain medication, which went off patent that day.

Re: Cannabis legalization decreases stock market value of major pharmaceutical firms

#133

Post by cantSpellSober »

barbazoo wrote: post #115
cantSpellSober wrote: post #84

Do people replace opioids with cannabis?

Very much so. Here's just a few resources on this from Vancouver: https://www.vice.com/en/article/ne45vd/more-vancouver-opioid... https://mugglehead.com/vancouver-cannabis-harm-reduction-pro...

Thanks, a replacement for methadone though? I'm skeptical:

"...no consensus among studies that cannabis use is associated with reduced opioid use or longer treatment retention when used during methadone maintenance therapy"

https://pubmed.ncbi.nlm.nih.gov/31744904/

Re: Cannabis legalization decreases stock market value of major pharmaceutical firms

#134

Post by cantSpellSober »

GeekyBear wrote: post #130
cantSpellSober wrote: post #84

Do people replace opioids with cannabis?

>States with medical marijuana laws had a 24.8 percent lower average annual opioid overdose death rate compared to states without such laws. In 2010, that translated to about 1,729 fewer deaths than expected. The years after implementation of medical marijuana laws also were associated with lower overdose death rates that generally got stronger over time: year 1 (-19.9 percent), year 2 (-25.2 percent), year 3 (-23.6…

Yes but "the reason why is not clear" and "a direct causal link cannot be established"

Re: Cannabis legalization decreases stock market value of major pharmaceutical firms

#135

Post by ethbr0 »

Zagill wrote: post #24
meroes wrote: post #6

Yay. Recreational marijauna user here and opioids scare the crap out of me. Had to take 10 oxycodone after a surgery and if they can hand those out they can hand out marijauna capsules or whatever. It's really that simple.

It's still crazy to me that I was just given hydros when I got my wisdom teeth out at 18. I didn't even need them, I was barely sore.

That's changed a lot. I had hydrocodone prescribed after mine (~15 years ago?).

On the other hand, my son just had his out and got 800mg ibuprofen and 625mg tylenol alternating. Seemed to do okay as long as he kept on the schedule.

Re: Cannabis legalization decreases stock market value of major pharmaceutical firms

#136

Post by Zagill »

freedomben wrote: post #45
Zagill wrote: post #24

Earlier quoted context omitted.

It's still crazy to me that I was just given hydros when I got my wisdom teeth out at 18. I didn't even need them, I was barely sore.

I'm really glad for you, but I don't know how I would have survived my wisdom teeth removal without them. Even with the pills the pain was still excruciating. I lost a lot of weight from inability to eat or even drink. In my opinion, giving somebody pills who doesn't need them (what used to be the norm) isn't great but the vast majority of people don't suddenly become junkies. Most people are perfectly fine. You your…

I certainly wasn't advocating that no one should get opioids because I have a high pain tolerance, rather that we maybe shouldn't be prescribing them by default for everything.

In the same vein, I think a lot of research ought to be done into non-addictive painkillers. Then the risk would basically be zero and everybody's happy (except for pharma companies that make bank off of opioid addicts, of course)

Re: Cannabis legalization decreases stock market value of major pharmaceutical firms

#137

Post by yowayb »

The power/problem of cannabis is that it’s not as addictive/strong as opium. Make no mistake, this is a business problem. Just like disposable razors, the (stock) market always rewards the high that doesn’t last, or leaves you wanting more.

The one thing that both of these drugs get right is an ingredient that Katt Williams called “f* it”.

It is the idea that maybe you’re sweating the small stuff a bit too much and maybe you should just let the power bill go and light those candles that have been sitting around forever.

But the market won’t let a good-enough solution alone. The market will always demand something a little better, a little stronger, and before you know it, you’re hooked.

Re: Cannabis legalization decreases stock market value of major pharmaceutical firms

#138

Post by Zagill »

mod wrote: post #87
Zagill wrote: post #24

Earlier quoted context omitted.

It's still crazy to me that I was just given hydros when I got my wisdom teeth out at 18. I didn't even need them, I was barely sore.

I was about 21, they prescribed 24 pills I think? I used one, and really just a preemptive use before I went to work (I only took a half day off). The weird thing is, though, I felt very normal at work. I had never tried a drug, so I wasn't sure what to look for, but I just felt normal. No pain, no other effects. I have some from a dentist thing last year, too, and I would say similar now, but with a mild high. I was…

Yeah that was basically my experience. I took a few of them but nothing noticeable happened so I just didn't bother taking more. Funny enough that was also true when I tried a couple ADHD meds. Didn't feel a difference, not even withdrawal symptoms from going cold turkey after a few months.

Maybe I'm just weird...

Re: Cannabis legalization decreases stock market value of major pharmaceutical firms

#139

Post by WastingMyTime89 »

loudmax wrote: post #106
WastingMyTime89 wrote: post #77

Earlier quoted context omitted.

1 is a serious problem. 2 is self inflicted. As no one depends on a firearm to protect their family, the solution is simple. Just don’t own a firearm.

I wouldn't paint with such a broad brush. I'm in favor regulating access to firearms just as we regulate access to driving, but it depends a lot on your circumstances. A lot of people who buy a gun to protect their family are probably protecting their own egos more than anything else. But there are circumstances where responsible ownership of a firearm for self defense is perfectly reasonable. Of course, none of this…

> But there are circumstances where responsible ownership of a firearm for self defense is perfectly reasonable.

No. That’s where we deeply disagree and that’s why I never actually feel safe when I have to visit the USA.

Re: Cannabis legalization decreases stock market value of major pharmaceutical firms

#140

Post by WastingMyTime89 »

scarface74 wrote: post #101
WastingMyTime89 wrote: post #77

Earlier quoted context omitted.

1 is a serious problem. 2 is self inflicted. As no one depends on a firearm to protect their family, the solution is simple. Just don’t own a firearm.

I’m far away from a gun nut. I don’t see the need to carry and I am more worried about getting shot by the police because I both “fit the description” and “don’t look like I belong” in my own neighborhood than I am a criminal shooting me. But I very much believe in gun ownership in the home - especially properly secured. If someone breaks into my home, they prima facie mean me harm. They will get shot without a secon…

Yes, that’s exactly what you should do.

Breaking in followed by violence are mostly an imaginary problem anyway. You are far more likely to mistakenly shoot someone who incorrectly thought was breaking in than ever having to defend yourself.

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