In August of last year, federal officials quietly made history by approving the first patent for a strain of marijuana containing large amounts of THC, its main psychoactive ingredient. Now, with marijuana legalization making huge advances following the US election, many have expressed that last year’s precedent has opened a veritable ‘can of worms’ that could allow massive seed companies like Monsanto to stomp out the competition via patents. The commercialization of marijuana could easily get out of hand in the coming months and years, as the industry’s profits are expected to top $6.7 billion this year despite being legal in only a handful of states. With legal marijuana access now a reality in 20% of the US after the events of this past week, that number is likely to only get bigger while equally likely to spur corporate interest in the industry.
Independent Startup Maps Evolution Of Marijuana Genome Amid Looming Patent War | Whitney Webb – True Activist