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InvisiblePsychoslut
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Big Pharma set to take over medical marijuana market
    #14327906 - 04/21/11 02:10 PM (12 years, 10 months ago)

Just as the federal government is clamping down on medical marijuana dispensaries, the Federal Drug Administration (FDA) may be set to give Big Pharma the clearance to take over the market.

In 2007, GW Pharmaceuticals announced that it partnered with Otsuka to bring "Sativex" -- or liquefied marijuana -- to the U.S. The companies recently completed Phase II efficacy and safety trials testing and began discussion with the FDA for Phase III testing. Phase III is generally thought to be the final step before the drug can be marketed in the U.S.

"GW Pharmaceuticals plc (AIM: GWP) today announces the initiation of the Phase III clinical trials programme of Sativex in the treatment of pain in patients with advanced cancer, who experience inadequate analgesia during optimized chronic opioid therapy," GW said in a statement. "This indication represents the initial target indication for Sativex in the United States."

Sativex is the brand name for a drug derived from cannabis sativa. It's an extract from the whole plant cannabis, not a synthetic compound. Even GW defines the drug (.pdf) as marijuana.

Yet as the FDA is poised to approve the drug for Big Pharma, state-licensed medical marijuana dispensaries that provide relief for thousands of Americans are under attack by other federal agencies.

Lynette Shaw, the owner and founder of Marin Alliance for Medical Marijuana (MAMM) in Fairfax, California, was stunned when the IRS audited her 2008 and 2009 tax returns and disallowed the foundation's business deductions, then demanded millions of dollars in back taxes.

The IRS pursued her under ยง 280E of the federal tax code, which states that no business deductions will be allowed for companies "trafficking in controlled substances".



Shaw is now suing the IRS to prevent them from destroying the entire medical marijuana industry.

Last week, the Justice Department even threatened to prosecute state employees who license medical marijuana dispensaries.

As a result, Washington state Gov. Chris Gregoire (D) said she would veto a bill that would have allowed the state to license growers.

In February, marijuana advocacy group NORML warned that the Drug Enforcement Administration (DEA) intended to legalize marijuana for Big Pharma only.

"The DEA's intent is to expand the federal government's schedule III listing to include pharmaceutical products containing naturally derived formations of THC while simultaneously maintain existing criminal prohibitions on the plant itself," Paul Armentano, the deputy director of the National Organization for the Reform of Marijuana Laws (NORML), wrote at AlterNet.




http://www.rawstory.com/rs/2011/04/20/big-pharma-set-to-take-over-medical-marijuana-market/


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[quote]KristiMidocean said:
Good now thats clear.WHO FUCKING CARES. If I am fat u all keep pointing it out like its suppose to be a secret.LIke u really have nothing better to do then make fat jokes. If o know its like I do I know yall can come up with NEW AND BETTER SHIT . This shit is old and boring . I left in the first place cause this shit got boring not because of the fat jokes . Fat jokes dont bother me but seriously its old[/quote]

Edited by Psychoslut (04/21/11 02:10 PM)

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OfflineSlightlyStoned
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Re: Big Pharma set to take over medical marijuana market [Re: Psychoslut]
    #14328020 - 04/21/11 02:38 PM (12 years, 10 months ago)

FUCK MAN!!! i knew this would happen. thats why ive been so against legalization. i mean sure you wouldnt get a ticket for smoking. but now weve got big business taking over. so much for the mom and pop dispensaries


--------------------
I prefer dangerous freedom to peaceful slavery.
~ Thomas Jefferson

Great minds discuss ideas, mediocre minds discuss events, small minds discuss people.

The number of times I edit my post is directly related to the number of times I've hit the bong.

"I am free, no matter what rules surround me. If I find them tolerable, I tolerate them; if I find them too obnoxious, I break them.I am free because I know that I alone am morally responsible for everything I do." -Robert A. Heinlein

"All mushrooms are edible; but some only once." Croatian proverb

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OfflineKinko
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Re: Big Pharma set to take over medical marijuana market [Re: SlightlyStoned]
    #14328032 - 04/21/11 02:41 PM (12 years, 10 months ago)

Quote:

SlightlyStoned said:
FUCK MAN!!! i knew this would happen. thats why ive been so against legalization. i mean sure you wouldnt get a ticket for smoking. but now weve got big business taking over. so much for the mom and pop dispensaries



same thing happened with alcohol and tobbaco.

the thing about weed is you can grow it urself.

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InvisiblePsychoslut
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Re: Big Pharma set to take over medical marijuana market [Re: Kinko]
    #14328054 - 04/21/11 02:43 PM (12 years, 10 months ago)

Not if they tell you its illegal to have plants, and you can only get it from pfiezer and watson or be locked up.


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[quote]KristiMidocean said:
Good now thats clear.WHO FUCKING CARES. If I am fat u all keep pointing it out like its suppose to be a secret.LIke u really have nothing better to do then make fat jokes. If o know its like I do I know yall can come up with NEW AND BETTER SHIT . This shit is old and boring . I left in the first place cause this shit got boring not because of the fat jokes . Fat jokes dont bother me but seriously its old[/quote]

Edited by Psychoslut (04/21/11 02:44 PM)

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OfflineDrise
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Re: Big Pharma set to take over medical marijuana market [Re: Psychoslut]
    #14328134 - 04/21/11 03:00 PM (12 years, 10 months ago)

The underground weed market will always be alive.


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"It is only once we've lost everything, we are free to do anything."


Everything I think, say, or do is fictional

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InvisiblePsychoslut
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Re: Big Pharma set to take over medical marijuana market [Re: Drise]
    #14328149 - 04/21/11 03:02 PM (12 years, 10 months ago)

Quote:

Drise said:
The underground weed market will always be alive.






And I doubt watsons greedy ass could compete with us on the pricing either.

They have dr. paychchecks to write, we have power bills to pay.

We win.


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[quote]KristiMidocean said:
Good now thats clear.WHO FUCKING CARES. If I am fat u all keep pointing it out like its suppose to be a secret.LIke u really have nothing better to do then make fat jokes. If o know its like I do I know yall can come up with NEW AND BETTER SHIT . This shit is old and boring . I left in the first place cause this shit got boring not because of the fat jokes . Fat jokes dont bother me but seriously its old[/quote]

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OfflineLightShedder
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Re: Big Pharma set to take over medical marijuana market [Re: Psychoslut]
    #14328181 - 04/21/11 03:09 PM (12 years, 10 months ago)

Fir what it's worth, the medical marijuana market is pretty screwy as it is. It's flooded with commercially grown cannabis of low quality that's like 150-200 dollars an ounce. That's not to say that there isn't still chronic, but it's actually tough for those that grow real good ganja to get what it's worth, with a 150 dollar ounce on every corner. Not to say that I'm happy to hear this news though, but it won't really effect me. Keep pot where it belongs, in the smalltime grow-ops. Ideally fully legalized, but if it's gonna cone from big pharma, I think I'll stick to homegrown.


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OfflineRemix
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Re: Big Pharma set to take over medical marijuana market [Re: SlightlyStoned]
    #14328190 - 04/21/11 03:11 PM (12 years, 10 months ago)

Quote:

SlightlyStoned said:
FUCK MAN!!! i knew this would happen. thats why ive been so against legalization. i mean sure you wouldnt get a ticket for smoking. but now weve got big business taking over. so much for the mom and pop dispensaries




:facepalm: I don't see how cannabis legalization would help the pharmaceutical companies? If anything it would hurt them, and that's why they (the big-name pharmaceutical companies) spend so much money lobbying politicians to keep it illegal.

The whole rationale behind this article's "big pharma taking over" claim stems from the fact that the synthetic cannabis pharmaceuticals allows these companies to monopolize the cannabis med market so long as the plant itself remains illegal. If cannabis were legal the pharmaceutical companies wouldn't be able to corner the market with their synthetics variants.


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Edited by Remix (04/21/11 03:14 PM)

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Invisiblewildernessjunkie
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Re: Big Pharma set to take over medical marijuana market [Re: Psychoslut]
    #14328199 - 04/21/11 03:13 PM (12 years, 10 months ago)

This may not be entirely bad. In order for this to happen, the feds will be forced to recognize the medical benefits of the plant. And by doing so they would also be forced to remove it from the list of Schedule 1 Drugs. Additionally they may have to remove cannibanoids from employment drug screening.

This could potentially be one step closer to legalization.

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OfflineSlightlyStoned
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Re: Big Pharma set to take over medical marijuana market [Re: LightShedder]
    #14328201 - 04/21/11 03:13 PM (12 years, 10 months ago)

i swear to god i hate this gov't. i just finished reading the whole thing.its the fucking corporations man. "oh no regular people cant sell weed but well let this company do it.


--------------------
I prefer dangerous freedom to peaceful slavery.
~ Thomas Jefferson

Great minds discuss ideas, mediocre minds discuss events, small minds discuss people.

The number of times I edit my post is directly related to the number of times I've hit the bong.

"I am free, no matter what rules surround me. If I find them tolerable, I tolerate them; if I find them too obnoxious, I break them.I am free because I know that I alone am morally responsible for everything I do." -Robert A. Heinlein

"All mushrooms are edible; but some only once." Croatian proverb

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Invisiblebigmike7104
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Re: Big Pharma set to take over medical marijuana market [Re: SlightlyStoned]
    #14328227 - 04/21/11 03:19 PM (12 years, 10 months ago)

Quote:

SlightlyStoned said:
FUCK MAN!!! i knew this would happen. thats why ive been so against legalization. i mean sure you wouldnt get a ticket for smoking. but now weve got big business taking over. so much for the mom and pop dispensaries




that doesn't make sense because it's not legal right now. and even medical marijuana was still illegal everywhere this would most likely still be happening


--------------------
Over thinking, over analyzing separates the body from the mind
Withering my intuition, missing opportunities and I must
Feed my will to feel my moment drawing way outside the lines

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Offlineshr
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Re: Big Pharma set to take over medical marijuana market [Re: Psychoslut]
    #14328233 - 04/21/11 03:20 PM (12 years, 10 months ago)

marijuana will kill big pharma

i can't wait for the day when big pharma gets the shit sued out of them. yes it will happen, starting with benzos


poor gov't is losing control....:popcorn:

Edited by shr (04/21/11 03:25 PM)

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InvisibleLongStrangeTrip
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Re: Big Pharma set to take over medical marijuana market [Re: SlightlyStoned]
    #14328468 - 04/21/11 04:02 PM (12 years, 10 months ago)

Quote:

SlightlyStoned said:
FUCK MAN!!! i knew this would happen. thats why ive been so against legalization. i mean sure you wouldnt get a ticket for smoking. but now weve got big business taking over. so much for the mom and pop dispensaries






This did not happen as an "effect" of legalization!! You got to be kidding me. This is an "effect" of big pharma realizing that ilegalization is not going to LAST, and the feds giving them a corner on the market before its to late.

:sad:


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Nothing I say or do is factual; every single thing I write is a work of fiction. Got no idea what I'm talking about here~

"Once in awhile, you get shown the light, in the strangest of places if you look at it right"~  (Grateful Dead)

"o puer, qui omnia nomini debes"; "You, boy, who owe's everything to a name"~ Mark Anthony

"Nihil est incertius vulgo, nihil obscurius voluntate hominum, nihil fallacius ratione tota comitiorum."; "Nothing is more unpredictable than the mob, nothing more obscure than public opinion, nothing more deceptive than the whole political system."~ Cicero


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InvisibleLongStrangeTrip
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Re: Big Pharma set to take over medical marijuana market [Re: wildernessjunkie]
    #14328482 - 04/21/11 04:05 PM (12 years, 10 months ago)

Quote:

wildernessjunkie said:
This may not be entirely bad. In order for this to happen, the feds will be forced to recognize the medical benefits of the plant. And by doing so they would also be forced to remove it from the list of Schedule 1 Drugs. Additionally they may have to remove cannibanoids from employment drug screening.

This could potentially be one step closer to legalization.





When cannabis is legal, big pharma will definitely be selling potent ass extracts. And prescribing them. I almost see this as a sign of legalization, though its still shady as fuck :facepalm:


--------------------
Nothing I say or do is factual; every single thing I write is a work of fiction. Got no idea what I'm talking about here~

"Once in awhile, you get shown the light, in the strangest of places if you look at it right"~  (Grateful Dead)

"o puer, qui omnia nomini debes"; "You, boy, who owe's everything to a name"~ Mark Anthony

"Nihil est incertius vulgo, nihil obscurius voluntate hominum, nihil fallacius ratione tota comitiorum."; "Nothing is more unpredictable than the mob, nothing more obscure than public opinion, nothing more deceptive than the whole political system."~ Cicero


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Invisiblewildernessjunkie
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Re: Big Pharma set to take over medical marijuana market [Re: LongStrangeTrip]
    #14328503 - 04/21/11 04:09 PM (12 years, 10 months ago)

Quote:

LongStrangeTrip said:
Quote:

wildernessjunkie said:
This may not be entirely bad. In order for this to happen, the feds will be forced to recognize the medical benefits of the plant. And by doing so they would also be forced to remove it from the list of Schedule 1 Drugs. Additionally they may have to remove cannibanoids from employment drug screening.

This could potentially be one step closer to legalization.





When cannabis is legal, big pharma will definitely be selling potent ass extracts. And prescribing them. I almost see this as a sign of legalization, though its still shady as fuck :facepalm:




I concur...Shady as hell.

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Invisiblewildernessjunkie
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Re: Big Pharma set to take over medical marijuana market [Re: wildernessjunkie]
    #14328510 - 04/21/11 04:10 PM (12 years, 10 months ago)

Its funny how things that are illegal quickly turn to legal. Especially when those things are backed by big money, and profits for politicians.

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Invisibleiamnotadream
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Re: Big Pharma set to take over medical marijuana market [Re: SlightlyStoned]
    #14328796 - 04/21/11 05:02 PM (12 years, 10 months ago)

Quote:

SlightlyStoned said:
FUCK MAN!!! i knew this would happen. thats why ive been so against legalization. i mean sure you wouldnt get a ticket for smoking. but now weve got big business taking over. so much for the mom and pop dispensaries



You need to revise your thinking.  This is not a result of legalization.  This is a result of the bullshit "medical marijuana" campaign.  Medication needs to be carefully manufactured in controlled doses, and that's what big pharma is licensed to do basically.  POT IS NOT A DRUG.  Labeling it as such is WRONG and that's what happens when you call marijuana "medical".  Because of all this medical bullshit, pot is slowly turning into a "controlled substance", possession of which would be a FELONY.

Legalization would allow mom and pop BUSINESSES to open and flourish in pot-friendly communities.  Pot is about as "medical" as liquor.


Also, in case you haven't noticed, there are MILLIONS of people being ARRESTED for marijuana EVERY YEAR.  ONLY A HANDFUL OF STATES ISSUE TICKETS.  Sorry, the world isn't California.  Get your head out of the sand.

Edited by iamnotadream (04/21/11 05:08 PM)

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OfflineMidRange
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Re: Big Pharma set to take over medical marijuana market [Re: wildernessjunkie]
    #14328835 - 04/21/11 05:12 PM (12 years, 10 months ago)

Quote:

wildernessjunkie said:
This may not be entirely bad. In order for this to happen, the feds will be forced to recognize the medical benefits of the plant. And by doing so they would also be forced to remove it from the list of Schedule 1 Drugs. Additionally they may have to remove cannibanoids from employment drug screening.

This could potentially be one step closer to legalization.




Ummm...Aren't there thousands of dispensaries?  Don't all state require a doctor's okay before you can be prescribed cannabis?  Aren't there 4 people who receive medical cannabis from the federal government on a monthly basis?

So tell us why doesn't the government change it now?


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"Sacrifice is the Christian way of life.  Theft is the Socialist way of achieving all ends.  Together they represent an awesome evil for this nation to confront."  Marc Emery.

People who receive medical cannabis trough the federal government.

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OfflineDoDahDay
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Re: Big Pharma set to take over medical marijuana market [Re: MidRange]
    #14329390 - 04/21/11 07:00 PM (12 years, 10 months ago)

For cor
Quote:

MidRange said:
Quote:

wildernessjunkie said:
This may not be entirely bad. In order for this to happen, the feds will be forced to recognize the medical benefits of the plant. And by doing so they would also be forced to remove it from the list of Schedule 1 Drugs. Additionally they may have to remove cannibanoids from employment drug screening.

This could potentially be one step closer to legalization.




Ummm...Aren't there thousands of dispensaries?  Don't all state require a doctor's okay before you can be prescribed cannabis?  Aren't there 4 people who receive medical cannabis from the federal government on a monthly basis?

So tell us why doesn't the government change it now?




Theoretically, doctors arent exactly "prescriping" mj to anyone. They are issuing a "certificate" to obtain it from dispensaries.  This is not a "prescription" in the true sense.  The reason I like wildernessjunkie's statement is if corps or doctor being actually "prescribing" this, they would HAVE to reschedule it.  Think about it, mj is still, under federal law, illegal. For a doctor to actually prescribed it as medicine to cure an illness or ailment, it has to be scheduled as having legitimate medicinal properties. I believe the reason big business hasnt jumped on yet is because the potential prosecution but also, if you manufacture a substance, any substance, and recommend it to someone for something as "medicine" and it is not considered medicine legally, there is a huge potential of someone saying that it didnt cure anything and that the doctor that prescribed it and the company that manufactured it is liable for any and all damaged caused by this faulty claim that it was going to work.  Just like false advertising but when it comes to medicine it can be potentially life threatening. Look at any situation where a doctor screwed up and what the pay outs where for the victim.  Not to mention the bad pub for the incident.  Without this "safeguard" of the rescheduling, they have more to lose than gain.  And believe me, someone would go out of their way to make up some bullshit, try to get as much money out of it(even if the comp. had to settle out of court to shut them up) and fuck it up for the rest of us.  This is why they would have to reschedule it before it hit the streets in the US.

As far as the fed patients, I dont know what the fuck is up with that. I believe it had to do with some sort of sympathy act. They are lucky as shit even if it is nasty swag.

So, I agree, though the potential of them still making the "plant" in its raw form semi illegal, the reprecusions would most likely be lessened considerable from what they are now.  You would probably have to just keep extractions on hand and dispose of the plant as quickly as possible....which takes all the fun out of smoking...if you ask me.  Its all about the fantastic numbers of flavors and highs.

Uhh...I LOVE WEED!!!!


--------------------
"I fart in your general direction!  Your mother was a hampster and your father smelt of elderberries!"

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OfflineAsAboveSoBelow
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Re: Big Pharma set to take over medical marijuana market [Re: DoDahDay]
    #14329463 - 04/21/11 07:17 PM (12 years, 10 months ago)

Whatever they come out with is gonna suck compared to the real thing. Look at Marinol

People will continue to want to roll up and smoke or take bong/vape hits. It's a long ingrained ritual and IMO that's not gonna change anytime soon


--------------------


You're gonna get hurt real bad :smile:

They that sow the wind, shall reap the whirlwind

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