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NEWS > BUSINESS > COCAINE INDUSTRY PLUNGES TO ALL TIME LOWS
COCAINE INDUSTRY PLUNGES TO ALL TIME LOWS
May 28 2009
Bogota, Colombia – The history of cocaine is a long and complicated one. In its earliest days Native Americans chewed cocoa leaves. Upon the arrival of Europeans, the leaves were taxed and controlled which eventually led to scientific study. Once the active ingredient of the plants was discovered it was quickly turned into an additive to
everything from soft drinks to medicine. The success of the drug eventually led to its prohibition and an inevitable increase in popularity, but now as the industry plunges some are concerned that the drug may face extinction.
Throughout the world the king of narcotics is facing hard times. Hard financial times and concerted efforts by international governments to stem the flow of the drug have double-teamed the industry pushing cartels and dealers to the brink. That hostile market has caused the price of pure versions of the drug to sky rocket in price and diluted versions to become more and more common. With the recession and governments showing no signs of letting up, some fear that the industry may never recover.
“We are stuck like any other business. Our revenues go down so we must raise our prices in order to stay afloat but that results in fewer people being able to purchase. Not only do we lose those sales, but we risk losing market share to less expensive drugs and to people willing to deal in lesser quality goods. It’s a toxic mix of events that could permanently harm the industry,” 
said a cartel spokesperson who preferred to remain anonymous. “In all my years dealing with Cocaine I have never seen this kind of decline. There is a very serious risk that in a few years the entire industry will be gone and people will simply have to live in a world without cocaine.”
Crack, a derivative of cocaine, is also seeing the same types of problems leading many to fear that it too will suffer a similar fate as its big brother.
“Cocaine has had a major influence on business and pop culture and it would be a shame to see it disappear completely. From movies like ‘Scarface’ to soft drinks like Coca-Cola the impact that that little white drug has had on society is enormous. No other has the same kind of
cultural cache as Coke and it would be a loss if that impact would suddenly cease,” said Scrape TV Business analyst Ken Green. “That says nothing for the support industries that rely on cocaine. Needle manufacturers, tiny mirror manufacturers and of course the companies that make those little glass tubes for smoking crack. Sure needles will stick around in some capacity but those other products will likely vanish as well. That last thing anyone needs in this economy is fewer jobs.”
Some are also concerned that the elimination of cocaine will harm the reputation of the drug industry asa whole resulting in a large scale exodus from drug use of any kind.
“Really no industry is totally bullet proof. If police no longer have coke dealers to go 
after they will go after heroin dealers, then weed dealers and on and on until it just
spirals down until there are no drugs at all. People will get out of the discipline of using and buying and there will be no customer base anymore. The industry is really at a perilous time unlike any it has seen before,” continued Green. “Much like the decline of the American car industry, this economic crisis is seeing the erosion and elimination of industries many people thought were more or less invulnerable. That may result in a totally new economy on the other side of the current crisis but it may also mean that something special will have been lost forever. Business though like life, moves on.”
Many cocaine distributers are looking at new additives to extend the life of their product including insecticide and de-worming powder. Both of those industries have seen marked increases in sales.
William Ashford, Business Correspondent
NEWS > BUSINESS > COCAINE INDUSTRY PLUNGES TO ALL TIME LOWS
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