“The vast majority of recreational users are truly in some sense medicinal,” she said. “You’ll see discounted taxation, discounted prices. There are significant discounts for medical patients here in the market in Nevada, and I know that’s also true in several other states that have such programs.”
Whitley predicted the pharmaceutical industry will begin transitioning away from narcotics, and embrace cannabis as more states begin to legalize it for recreational use.
“I think the reality is because we are gaining ground around legalization, I think what we’re going to see is a tremendous pivot. All of the sudden these pill pushers are goinng to start to invest in cannabis,” she concluded.
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