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RainDog

(28,784 posts)
42. Here's the reality of the big biz market for cannabis products
Wed Jun 26, 2013, 12:46 PM
Jun 2013

At this time there are quite a few venture capitalists who are looking at the medical cannabis market.

This market revolves around the pharmaceutical uses of SYNTHETIC cannabinoids, produced in a lab, that mimic the properties of whole-plant cannabinoids.

Because of the basic scientific model for research, single, synthetic cannabinoid molecules are the only route pharma cos can take with this product that will create a return on investment, unless cannabis is illegal.

The ability to reproduce a synthetic is basic to the requirements necessary to meet standards for "medical use" in the regulations set up by the CSA. No plant will ever meet those requirements - it's impossible to do so. This is also why Sativex pretends its product is something other than the exact same "cannabis elixir" that was in every doctor's medicine bag for a hundred years in this nation. (Sativex is also, btw, virtually the same product as "Rick Simpson oil," which he has given away to help people.)

The uses for these synthetic products are in areas related to cancer treatment, pain-relief from cancer treatment, neuro-degenerative and auto-immune diseases like MS, CP, epilepsy, Parkinsons, arthritis, alzheimiers, diabetes... this is the market for cannabis-inspired, not cannabis itself, big biz products on the American market.

In order to develop a product, a company must spend millions of dollars on testing.

If a cheap, legal product exists, companies fear their product would have competition and they are reluctant to spend money on outlay for R&D. As Dr. Lester Grinspoon has noted - aspirin would not be a product that pharma cos would bother to bring onto the market today because the costs of making it available are so large, compared to the profits for something so cheap to produce.

This, again, is why GW Pharma, in Great Britain, and Bayer (the distribution outlet for GW in the U.S.) have a vested interest in opposing legalization of natural cannabis.

We should allow R&D into synthetic and natural cannabinoids to continue. Who knows, in the future people may have synthetic cannabinoids injected into the sites of tumors to shrink them and to stop cell growth in cancer cells - whose life cycles are disrupted by both THC and CBD molecules. Cannabis may offer a new treatment model for cancer.

Early tests indicate this is the direction for cannabis within the pharma side of this issue.

If current prohibition continues, however, such R&D occurs outside the U.S., and other nations derive the benefit from grants and investments in this emerging market. So, prohibition hurts innovation in this nation, as well as deprives citizens of their right to be left alone by the govt. regarding natural cannabis.

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It's a valid point - OTHO Democracyinkind Jun 2013 #1
But imagine the reality of a regulatory scheme Recursion Jun 2013 #5
Yes, that's true. Democracyinkind Jun 2013 #7
I'm not seeing this. StrayKat Jun 2013 #6
The regs are definitely a valid point, as Recursion expressed above. Democracyinkind Jun 2013 #8
It's not about getting to market first. Xithras Jun 2013 #10
I'm not so sure. JW2020 Jun 2013 #11
Lol Xithras Jun 2013 #13
agri-biz would be smarter to cultivate hemp RainDog Jun 2013 #34
Sooner, rather than later, someone would breed a version good for both. hunter Jun 2013 #40
do you know how many generations you need to produce a stable genetics? RainDog Jun 2013 #41
"Roundup Ready" Monsanto genetically engineered hemp... hunter Jun 2013 #43
you don't know much about this issue, do you? RainDog Jun 2013 #46
Um... hunter Jun 2013 #49
um... RainDog Jun 2013 #50
Hemp paper, awesome, better than tree paper... hunter Jun 2013 #52
Grow your own...car RainDog Jun 2013 #54
Surely a valid point. Democracyinkind Jun 2013 #12
Yes, I've wondered this myself. StrayKat Jun 2013 #2
Back room treatments have always been serious issues for illegal drugs. geckosfeet Jun 2013 #3
Theres not really a way to "cut" mj though. At least not if you want repeat business. Erose999 Jun 2013 #16
? I am sure plenty of weed has been soaked or sprayed with something nasty. geckosfeet Jun 2013 #51
I believe in Colorado the sellers must grow at least 70% of the weed they sell 1-Old-Man Jun 2013 #4
Versus 800,000 arrests a year RainDog Jun 2013 #9
Well yeah, sure. But that isn't nearly as entertaining as an OP. n/t Egalitarian Thug Jun 2013 #35
I once heard that Big Tobacco had trademarked common trade names like "Northern Lights" and "Kush" Erose999 Jun 2013 #14
You guys are really pushing this fake talking point RainDog Jun 2013 #15
It's the regulations that make the huge corporations possible Recursion Jun 2013 #19
LOL RainDog Jun 2013 #23
I have, and they won't last a second once growing pot becomes legal Recursion Jun 2013 #24
Fear-mongering is always a strategy RainDog Jun 2013 #27
If I supported keeping it criminal, you would have a point Recursion Jun 2013 #29
Why shouldn't a plant be legal? RainDog Jun 2013 #30
Decriminalization keeps marijuana illegal RainDog Jun 2013 #39
Legalize all drugs, let them be marketed the same as any other drug. Rod Walker Jun 2013 #17
No thank you on that Recursion Jun 2013 #18
It's a largely moot point. While marijuana is (slowly) being legalized, I don't think you'll see Rod Walker Jun 2013 #20
We already have opioid and heroin derivatives in wide use. StrayKat Jun 2013 #28
Something along those lines might well develop in the future. Rod Walker Jun 2013 #31
Well the various governments could tax the shit out of them. MicaelS Jun 2013 #21
Like bathtub gin was always more fun than Gordon's (nt) Nye Bevan Jun 2013 #22
so the solution is to keep them illegal? Locrian Jun 2013 #25
You think your local micro grower will be allowed to stay open? Recursion Jun 2013 #26
How are craft beer markets able to stay open? RainDog Jun 2013 #32
And that took decades Recursion Jun 2013 #33
Cannabis is more like beer than tobacco RainDog Jun 2013 #38
I agree you have a really valid concern... Locrian Jun 2013 #36
It is better than keeping what we have now, I agree Recursion Jun 2013 #37
Here's the reality of the big biz market for cannabis products RainDog Jun 2013 #42
it would be tough to monopolize a "weed" that could grow almost anywhere yurbud Jun 2013 #44
+1.. it's about the easiest damn thing in the world to grow.. SomethingFishy Jun 2013 #45
legalization would also save lives in Mexico. Nobody gets beheaded over beer turf yurbud Jun 2013 #55
In pain? Unbearably sad? Try Obliviatine from BigPharm Drugs. MineralMan Jun 2013 #47
Sluggish? Unmotivated? MineralMan Jun 2013 #48
In Vietnam during the war we could buy weed rolled in Parliament upaloopa Jun 2013 #53
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