Hempy, you know me, personally...this shit is real and it is bad........they are going to take our plant away. If the USDA farmers cannot grow their own wheat, why do you think, they will let us grow our own weed? You are far too intelligent to not educate yourself.
You're underestimating us stoners and you're over estimating Monsanto. If they had the power and influence to control the marijuana market like you think they will then weed would have been legalized on the National level a long time ago.
The only way your scenario could play out is if when we do legalize all of us stoners just freely hand over our genetics to whoever wants them. That's never going to happen even if Monsanto never existed. There are too many people that have put too much time and effort into breeding unique strains with specific desirable qualities to ever allow themselves to lose control of those genetics.
Like I said, in a legal world in the open market yes people trying to produce marijuana and/or hemp will have to contend with organizations like Monsanto and the deck will be stacked against those people. Even in that world though there will still be smaller markets something like small local farmers markets that don't have to go thru the same channels since they're not really trying to compete commercially. There will also still be somewhat of a black market.