Pharmaceutical Industry Suffers Billions In Losses After States Legalize Marijuana, New Study Finds

The pharmaceutical industry takes a serious economic hit after states legalize marijuana—with an average market loss of nearly $10 billion for drugmakers per each legalization event—according to a first-of-its-kind study. The peer-reviewed research article, published in the journal PLOS ONE on Wednesday, looked at stock return and prescription drug sales data for 556 pharmaceutical companies … Continue reading Pharmaceutical Industry Suffers Billions In Losses After States Legalize Marijuana, New Study Finds