Cannabis Science Inc (fka CBIS)

[palmspringsbum]

Between doctors, treatment, meds, etc. the cancer market is making up a part of our economy. And dont be surprised that a % of this money goes to funding campaigns both in government and online "anti-cure/anti-cannabis".

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From 1960 to 1980, prescription drug sales were fairly steady as a percent of the U.S. gross domestic product, but from 1980 to 2000, they tripled. Sales now stand between $200 billion to $300 billion a year.

The top ten drug companies (which included European companies) had profits of nearly 25 percent of sales in 1990.

In 2001, the ten American drug companies in the Fortune 500 list ranked far above all other American industries in average net return, whether as a percentage of sales (18.5 percent), of assets (16.3 percent), or of shareholders’ equity (33.2 percent). These are astonishing margins. For comparison, the median net return for all other industries in the Fortune 500 was only 3.3 percent of sales. The most startling fact about 2002 is that the combined profits for the ten drug companies in the Fortune 500 ($35.9 billion) were more than the profits for all the other 490 businesses put together (33.7 billion).

Let me emphasize this again. The combined profits of the ten largest US drug companies reaches 35.9 billion – a sum higher than the combined profits for all other 490 corporations on the Fortune 500 List!

Prescription Drugs are the 4th leading cause of death: http://www.hollywoodtoday.net/2008/09/29/heath-ledger-legacy-prescription-drugs-a-silent-killer/

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In other words, the pharma-lords ARE the economy.

Let me emphasize this again. The combined profits of the ten largest US drug companies reaches 35.9 billion – a sum higher than the combined profits for all other 490 corporations on the Fortune 500 List!

See Also - Medical marijuana and psychiatric conditions: http://palmspringsbum.org/blog/2009/07/medical-marijuana-and-psychiatric-conditions/