Toward a legal, national market for cannabis

The story’s out in Pharmaceutical Commerce magazine: “Medical marijuana looks for a place in conventional drug distribution.” It’s based on all kinds of research and interviews with CEOs, legislators and prognosticators in this budding industry.

Frustrations are great as the right hand of the U.S. federal government (DEA) either doesn’t know — or care, or approve — of the actions, research and recommendations of its own left hand (NIH among others). Also, it’s interesting that some of the same Big Pharma industry players that fund crackdowns on marijuana-related crimes (according to current laws) may well be seeking ways to cash-in on the eventuality of legal cannabis commerce. Currently, money crossing state lines can lead to issues with money laundering, since the lowly weed is still an illegal Schedule 1 substance.

A tenuous relationship exists between Big pharma, the supplement market and dispensaries with regard to cannabis’ legality. (Photo: Cannabis Science)

Changes are coming from a few corners of the medical cannabis world — as my investigations, only some of which are published, attest. Eventually at the state and federal levels, the day will come when cannabis is as broadly accepted, profitable and legal as any FDA-approved supplement, OTC drug or prescription remedy.  Ongoing research, advocacy and public support make it seem inevitable if not imminent.

The story linked here includes interviews surrounding pharmaceutical business-related developments. But the medicinal/health benefits-related aspect of this plant don’t end with conventional drug development, owing much to proponents of the whole-plant entourage effect. There’s more to the story than this relatively 101-level view written for mainstream, non-cannabis-versed executives.