Publications by authors named "Ziemowit Bednarek"
Article Synopsis
- Legalization of cannabis in U.S. states has led to an increase in its use as an alternative to traditional pharmaceutical drugs.
- Stock market returns for generic and brand pharmaceutical companies dropped by 1.5-2% within 10 days following legalization events between 1996 and 2019.
- Investors expect an average annual sales reduction of $3 billion for drugmakers after a single cannabis legalization event.
