Why the Biotech Market is Looking to Cannabis for the Future

It’s possible that there has been no greater contributor to the cultural shift currently occurring around cannabis use in North America than the growing understanding of its medical applications.

Marijuana has long carried an unfair stigma resulting from fear and hysteria rather than an inherent danger derived from its effects. For many, it was plain to see that marijuana’s classification as a Schedule I drug didn’t really make much sense. However, as long as the argument for rescheduling centered on laxer laws for recreational use, gathering the sort of political and cultural consensus necessary for real change was an all-but impossible challenge.

Yet, as medical professionals and patients began to learn that cannabis is, in fact, a powerful botanical that can be utilized to treat a range of painful and debilitating diseases, perceptions started to shift. Maintaining the stigma surrounding marijuana has become difficult given the plant and its derivatives’...

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