Legalizing pot is about politics — and big business - News Summed Up

Legalizing pot is about politics — and big business


For the average Canadian, legalizing marijuana and its derivatives is somewhat more momentous than legalizing broccoli. But the most obvious beneficiaries of marijuana legalization are Big Tobacco and Big Pharma. Big Tobacco has experience in the field of inhalants and the ability to produce high-quality marijuana cigarettes. Big Pharma has the capacity to isolate the active ingredients in cannabis and market them as either pills or edibles. So far, the big Canadian banks have not been deterred from financing the soon-to-be-legal cannabis market here.


Source: thestar October 15, 2018 10:01 UTC



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