The Real Reason Cannabis Isn’t Federally LegalCannabis science research genetics•mg Magazine – Cannabis Industry News & I… / by Lance C. Lambert / April 14, 2023 at 08:36PMLeo has detected a Regulatory Change and a Partnership in this articleInsightsYouNow’The Big Three (Big pharma, Big alcohol, & Big tobacco) are trying to squeeze as much proverbial milk as possible from their existing cash cows before they lose a chunk of their markets to cannabis companies they don’t control.’ The status of federal legalization in the United States is still a topic of conversation, though more so abroad than at home. Once a hot topic on domestic trade-show panels and podcasts, the energy and excitement admittedly have died down in what many refer to as the “post-pandemic” period. Legalization has lost its place on most national news outlets’ broadcasts and proverbial front-page news slots. Online, a keyword search for “federal legalization” and related terms yields few results. Instead, most search-engine returns consist of stories about movement at the state level, where progress remains robust. But why is this? According to a Pew Research Center study published in late November, “an overwhelming share of U.S. adults (88 percent) say either marijuana should be legal for medical and recreational use by adults (59 percent) or it should be legal for medical use only (30 percent).” If more than four out of five Americans support legalization of some kind, what’s the holdup? Politics plays a major role, as do a handful of very large corporations that sway politicians with campaign contributions and lobbying. If you’ve been in the industry for more than a minute, you’ve likely heard people reference the “Big Three.” Typically, they mean Big Pharma, Big Alcohol, and Big Tobacco
Source: mg Magazine – Cannabis Industry News & Information