Why would pharma not want legalization? At worst, it doesn't affect them. At best, it's another revenue stream.
[1] https://www.ted.com/talks/rebecca_brachman_could_a_drug_prev...
and got this: https://www.leafly.com/news/politics/the-top-5-industries-lo...
I wouldn't care to venture a guess as to their thinking but the intent is clear: they don't want drug decriminalization.