How Multinational Philips Profited From Illegal Cannabis Farms

Corporate Cannabis: The corporation that made millions from the illegal drug trade

When Philips, a huge multinational company, started supplying lamps to the cannabis industry it wasn’t breaking the law. Growing is illegal, supplying lamps isn’t. But it was supporting a €1bn criminal network.

“I think his revenues are €5 to 6 million on Philips products alone. Philips is THE brand in the industry”, an insider says of the intermediary that Philips sold their lamps to the cannabis industry through. Nothing was put on paper with this intermediary and they were careful to filter their operations through a wholesaler, but his lawyer attests to his partnership with Philips and shows us an email in which Philips gave him advice on how the lamps were best used for growing cannabis. As criminologist Frank Bovenkerk points out, while it may not have been illegal, the morals are certainly questionable. “It is absolutely clear that a number of serious criminal organizations are dealing with this business. Very unpleasant people.” Now that the law is changing to outlaw the supply of lamps to the growing industry, Philips has changed its policy and left its intermediary badly in the lurch, but many say it is too little too late. “They’re in a position that is conductive to crime, often organised crime.” A fascinating look at how large companies make money at the fringes of the law and a warning of the kind of industries that can grow up around Cannabis legalisation.

KRO – Ref no. 6038

cannabis grow op

Journeyman Pictures is your independent source for the world’s most powerful films, exploring the burning issues of today. We represent stories from the world’s top producers, with brand new content coming in all the time. On our channel you’ll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.

 

JOURNEYMAN PICTURES