Tuesday, July 12, 2016
Some people claim that "if cannabis cured cancer, the pharmaceutical industry would be all over it", however if you...
Originally shared by MarijuanaDoctors.com
Some people claim that "if cannabis cured cancer, the pharmaceutical industry would be all over it", however if you look at the data you'll notice that the pharmaceutical industry isn't too keen on cannabis.
For instance, recent research indicate that in states with Medical Marijuana, many patients are substituting their pharmaceuticals with cannabis. Medicare found that in all of these states, out of 9 different drugs for different conditions, eight of them have seen a drop in prescriptions.
According to a study published Wednesday in the journal Health Affairs, doctors are prescribing medical marijuana in place of medications that have been typically used to treat patients for disorders like pain, seizures, sleep disorders, depression and anxiety. The swap appears to have saved the Medicare program – whose patients include seniors and people with disabilities – $104.5 million in 2010 and $165.2 million by 2013, because doctors are prescribing other drugs less.
If all states had passed medical marijuana laws, authors of the study estimate, then the government and beneficiaries could save as much as $468.1 million a year. This total represents 0.5 percent of Medicare drug spending in 2013.
Similarly, there has been a massive drop of prescription pain medications in states that have legal medical marijuana frameworks in place.
If you were to translate this into money lost for Pharma, it tallies up. Pharma isn't too interested in giving people the power to treat their own conditions, because if they have the ability to "self-heal", then they don't have the need to spend their money on Pharma.
#CannaTalkAboutIt
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