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Poppy & Opium
Timeline
by Erowid
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1772
The East India company establishes a limited monopoly over Bengal opium.   

The East India company establishes a limited monopoly over Bengal opium; the company has general control but the operation is in the hands of contractors, who advance company funds to the farmers, purchase the opium produced, and sell it to the company which then auctions it off to merchants in Calcutta. British companies are the principal shippers.


References
NIDA. "Perspectives on the History of Psychoactive Substance Use," Research Issues 24. 1978.


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Opium Throughout History, FrontLine