How the British East India Company Invented the International Drug Trade

Daniel G. Jennings
Lessons from History
8 min readMar 18

Strangely, an English corporation, the British East India Company, launched the international drug trade in the late 18th century.

The British East India Company began as a trading venture. Queen Elizabeth I chartered the company on 31 December 1600. The original business plan was to import spices from Indonesia. However, the powerful Dutch East India Company (VOC) seized control of the Spice Islands.

Consequently, the Company shifted its operations to India where it had access to…

Daniel G. Jennings
Lessons from History

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.