4 ms·

Liquor & Tobacco companies probably spend more money lobbying to keep it illegal. Marijuana is a direct competitor to those two products.

• ahallock 13y ago
  Is it really though? Anymore than soda, coffee, etc.? I don't see any evidence that marijuana legalization would affect their sales. In fact, they often go hand-in-hand, from my experiences in college, so maybe legalization would help their sales.
  • sliverstorm 13y ago
    Personally, I figure Phillip Morris will be all over marijuana as soon as it is legal at a federal level. Tobacco is slowly being stomped out by ever more stringent restrictions and regulations, so marijuana could even be the future of their businesses as tobacco slowly sinks into obscurity.
    • jlgreco 13y ago
      They already have farms, equipment, and sales/distribution experience too. Sure, there is a lot of difference between the two products, but they would have to be pretty incompetent to be completely unable to leverage their existing assets to dominate the pot market.
    • WalterSear 13y ago
      They purchased 100,000+ acres of Humboldt county in the early nineties. Not sure if the kept it, considering that premium cannibis is now grown indoors.
• jlgreco 13y ago
  People say that a lot, yet I enjoy consuming two or more of those at once... (well, less so tobacco, but I really don't see THC being a replacement for nicotine. If you're into nicotine, you're still going to want nicotine.)