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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

#7
post #2

States where marijuana is legal have lower incidence of opioid use.

I wonder what the data is on changes in alcohol sales and/or alcohol revenue at bars/restaurants.

I think a lot more people would switch to weed if:

1) You couldn't get a DUI at T+1-2 days after smoking. Many states including my own, merely need to show marijuana metabolites in your blood to convict for DUI.

2) Gun rights. You're staring down the barrel of 5+ years in jail of the feds find you in possession of weed with a firearm, even if pot is legal in your state.

Until those two things are fixed, anyone who depends on driving to keep their job or a firearm to protect their family should have some serious reservations about trading the bar for the dispensary.

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

#8

Cannabis products are a pharmaceutical. You're putting drugs in your body, just a different one.

By that definition everything you eat is a pharmaceutical. Everything you eat has some effect on you.

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

#9
post #5
post #2

States where marijuana is legal have lower incidence of opioid use.

Correlation is not causation. There are many, many reasons why opioids are used.

You never find clear causation for social issues. Legalizing marijuana seems a no brainer to me. Less people in prison and hopefully less opioid use.

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

#10

Earlier quoted context omitted.

I wonder what the data is on changes in alcohol sales and/or alcohol revenue at bars/restaurants.

I think a lot more people would switch to weed if: 1) You couldn't get a DUI at T+1-2 days after smoking. Many states including my own, merely need to show marijuana metabolites in your blood to convict for DUI. 2) Gun rights. You're staring down the barrel of 5+ years in jail of the feds find you in possession of weed with a firearm, even if pot is legal in your state. Until those two things are fixed, anyone who de…

This is the dilemma for everyone I know who is interested in switching to cannabis.
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