5 Jaw-Dropping Facts About Legal Marijuana

The legal use of marijuana for both medical use and adult recreational use is on the rise. Here are five facts that might just surprise you about the drug.

Source: Chuck Coker, Flickr.

1. Marijuana could be the best-selling legal drug. Ever.
According to ArcView Market Research, the national market for legalized marijuana could hit $10.2 billion in five years. Pfizer's (NYSE: PFE  ) Lipitor currently holds the record for prescription drugs at about $13 billion. If ArcView's prediction is correct, it's not hard to see how marijuana could surpass that record in the following year. It's growing from a base of just $1.44 billion this year.

And unlike Pfizer, which saw Lipitor sales crash once generic versions hit the market, there isn't likely to be a cliff that causes sales to drop precipitously, short of having the federal government decide to crack down on state laws. Of course, unlike Lipitor, you can't invest in one company to capture all the revenue.

2. 14 states could join Colorado and Washington legalizing marijuana for recreational use
In fact, that's one of the driving forces behind ArcView's growth prediction. The sentiment has shifted recently; a majority of Americans now favor legalization. If they vote the same way they answer poll questions, it's likely that we'll see many more states where marijuana use is legal in the coming five years.

The driving force for the states is the potential revenue from taxes. They want to get their cut, which they don't get on illegal sales now.

It'll be interesting to watch Colorado and Washington as they try to deal with how to tax what many consider to be a drug to help people -- which are typically not taxed -- compared with a recreational drug, which, like cigarettes and alcohol, are typically highly taxed.

3. The government sends out marijuana cigarettes each month 
It's part of a study to see if marijuana could help patients with glaucoma. At its peak, there were 30 patients enrolled in the study, which stopped accepting new participants in 1992. Those still enrolled get sent their prescriptions from a special farm on the University of Mississippi campus that provides the drug for medical research.

4. Only 6% of studies on marijuana investigate its potential benefit.
According to CNN's Sanjay Gupta, the other 94% investigate its potential harm. The problem, as Gupta points out, is that it's very hard to run clinical trials on marijuana use since it's still illegal at the national level. While the University of Mississippi farm can provide the medication legally for studies, it's apparently not that all that easy to acquire medication from it.

Researchers also have to gain approval from the NIH's National Institute on Drug Abuse, which has a mission "to lead the nation in bringing the power of science to bear on drug abuse and addiction." That's not exactly a ringing endorsement for potential benefits of drugs.

5. The receptor that marijuana activates has been an (unsuccessful) drug target
Tetrahydrocannabinol, or THC, one of the active drugs in marijuana, is available as a prescription drug called Marinol, developed by Abbott's drug arm, now called AbbVie (NYSE: ABBV  ) , to stimulate appetite and control nausea and vomiting in patients taking chemotherapy. But the drug isn't widely used because it's absorbed by different people at different levels, making it hard to get the right dosage .

Sanofi (NYSE: SNY  ) tried to do the opposite and block the receptor, thus controlling appetite. While Sanofi's obesity drug, Acomplia, was fairly good at helping patients shed the pounds, it had psychiatric side effects including depression. The FDA never approved the drug, and Sanofi had to remove it from the market in Europe in 2008.

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  • Report this Comment On December 01, 2013, at 5:25 AM, VikingBear wrote:

    Legalize everything.

    Let the herd cull itself.

  • Report this Comment On December 01, 2013, at 8:46 PM, Kalamakuaikalani wrote:

    Hard to take your article seriously when you title it "5 Jaw-Dropping Facts ....." & then subtitle number 1: 1. Marijuana could be the best-selling legal drug. Ever. ................... It's not a FACT if marijuana COULD BE. It either is or it isn't & THEN, that would be a FACT.

  • Report this Comment On December 01, 2013, at 8:53 PM, glenns45 wrote:

    Controlled Substance Act of 1971 signed by a President who was forced to resign or be prosecuted. The DEA was created to make sure the right people were selling the Drugs and supporting the NWO. The Feds are the ones who bring in the drugs this is on public record do some research.

  • Report this Comment On December 01, 2013, at 9:23 PM, towolf2 wrote:

    When it smacks somebody upside the chops, then you know what is a fact and what isn't. That's 35 years as a pro grower speaking. Say hey to The Duke for me!!

  • Report this Comment On December 01, 2013, at 9:26 PM, towolf2 wrote:

    Which part am I reading? The educated humorous enriching part, or is this the NASCAR Channel. Caught out again.

  • Report this Comment On December 01, 2013, at 9:53 PM, oldmutt1949 wrote:

    5 other jaw breaking facts about marijuana.

    1. It has 424 compounds that turns into over 2000 when lit.

    2. Those 2000 compounds release numerous poisons including hydrogen cyanide and carbon monoxide.

    3. French Academy of Science using the atomic microscope has shown long term use of marijuana can alter a person DNA ( Science Daily )

    4. Total number of people killed in the drug war in Mexico, central and Latin America exceeds the number of U.S. casualties in VIet Nam.

    5. A lot of hippies from my generation who smoked this polluted crap are no longer here.

    And last but not least their isn't a single study that has confirmed that all the substances in marijuana are safe evident by he emergency rooms a In Denver and other cities kept busy treating kids poisoned by this stuff because their parents are so dumb down they can't provide their children a safe environment.

  • Report this Comment On December 01, 2013, at 9:59 PM, fixer wrote:

    Hemp used to be such a valuable crop that in George Washington's time ,farms we're required to plant a percentage of their fields with hemp.The oil from the seeds was a good lamp oil and the fiber made strong cloth and rope.

  • Report this Comment On December 01, 2013, at 10:21 PM, southernhippy wrote:

    Old mutt is lying his butt off, Just look at old willie Nelson to see the truth, Pot smoking does not affect your age. Off course old mutt is talking about smoking and not one work about eating.

  • Report this Comment On December 01, 2013, at 10:24 PM, junior wrote:

    something else you forgot oldmutt1949, there was talk about leagalizing it in my state. Even if it does become legalized, we were told by the plant manager that if our random pee test revealed any THC we would still loose our job.

    This is why I agree with Vikingbear. Let the herd cull itself. The job market may open up so that someday I can find a job where I can afford a pack of store bought cigarrettes

  • Report this Comment On December 01, 2013, at 10:32 PM, southernhippy wrote:

    BTW mutt lets add some other facts to that mix..

    Pot smokers tend to be closer to normal weight...

    Higher good cholesterol.

    Also lets add the fact that smoking pot don't increase you chances of lung or any other cancer. Not to mention and numerous medical uses of MJ among those would be nausea, seizure control, pain management. So when do we decide when the good outweighs the bad? Almost every war on Pot argument has been debunked, when do you see anything other than hate?

    BTW us hippies are alive and well living a great and healthy life style, after all it was us hippies who came up with the who vegetarian thing long before anyone else, peace out...

  • Report this Comment On December 01, 2013, at 10:57 PM, imnxtc2001 wrote:

    "evident by he emergency rooms a In Denver and other cities kept busy treating kids poisoned by this stuff" Yeah oldmutt, them hospital rooms are just packed with them pot smoking whippersnappers. Too funny! If you have any time between your naps and your shuffleboarding league, you can take a few minutes to look up that marijuana by itself equals the same amount of emergency room visits as OTC sleep medicine. I will give you the benefit of the doubt, that you may have been mistaken for synthetic marijuana which is extremely dangerous.

  • Report this Comment On December 01, 2013, at 10:57 PM, OldSkewel wrote:

    Oldmutt1949 is NOT lying southernhippy. ANYONE with at least 1/2 a brain knows it is NOT natural OR healthy to take smoke of ANY kind into a healthy set of lungs.

    What I find truly ironic is the very same people that use to jump all over big time tobacco companies and the dangers of smoking absolutely sound like hypocrites now touting the oh so many benefits of cannabis which EVERYONE knows the most popular form of use is the SMOKING thereof.

    While we're on the subject of cannabis, somebody please remind me, isn't hashish addictive? What, basically; is hashish comprised of...?

    As far as the economic impact is concerned, it WOULD make sense to legalize it but that's the ONLY reason and EVEN THEN, the economic benefits would be relatively short term compared to the devastating social and moral impact (especially considering America's children) that would no doubt occur as you just as well can take America's public education school system and pitch it out the window, not that it works that well now but can you imagine what would happen if "chronic" was legalized...?

  • Report this Comment On December 01, 2013, at 11:08 PM, imnxtc2001 wrote:

    Just one more observation while I'm still laughing....I'm not perfect with punctuation or grammar, but someone that doesn't smoke marijuana telling me: "jaw breaking" instead of "jaw dropping"...."their" instead "there"....."he" instead of "the"....."a In" instead of just plain out "in" minus the "a" and capital "I".....Geez, I need to smoke a bowl to even make sense of your comment at all.

  • Report this Comment On December 01, 2013, at 11:09 PM, southernhippy wrote:

    Odds of MJ addiction is the same as gambling, Pot has no chemical addiction. You also have the same chance of becoming a workaholic or any other habit that could be considered a bad or good life choice. Pot has been around for more than 10k years and has not stopped any progression of mankind. BTW CBD's that are found in pot are also anti-cancerous, also naturally lowers blood sugars and even can protect the brain in the event of a heart attack or stroke. BTW we are also talking about Eating the plant, y'all do know it's non-toxic and impossible to overdose on right? Y'all are just looking that that lovely drug free propaganda against a persons right to live as they chose too. BTW one other note, Pot does have 5 natural nero keyways in the brain that can open up nero pathways(hence why there is enhanced sight, smells, and creativity.) Pot is indeed a natural product the human mind knows very well. MJ has been demonized for decades for no real reason other than sobriety, nothing else.

    I do agree on one Idea though, kids under 21 should not get access and should be treated like booze and advertising should be the same as tobacco when it comes to kids.

  • Report this Comment On December 01, 2013, at 11:21 PM, imnxtc2001 wrote:

    Old Skewel: Is it natural or healthy to drive a car? But you do it anyways don't you? Your trip to the store tomorrow will produce more pollutants into EVERYBODYS air, than one pot smoker can produce in a year. btw....I don't know if you've been asleep the past 50 years, but kids in school(if they choose to)get pot just as easy now, as they would if it was legal and fell under same laws as tobacco. As far as hash...it is basically the same as marijuana, just made from different parts. And the same studies you got your information that it was addictive, are the same ones that say marijuana is also.

  • Report this Comment On December 01, 2013, at 11:36 PM, HMull81 wrote:

    Let’s get a few things right:

    First - the problem with legalizing any previously illegal substance isn’t a morally grounded issue; being that most of these substances are vices are not socially accepted when overly indulged anyway.

    Second – look up some history and consider why hemp production was ground to a halt in the first place, I’ll give you a hint……

    It wasn’t because pothead hippies were overrunning the world with their outrageous free love and open minded way of living, that didn’t come until the 60s.

    It is all economic and taxation that has put at spin on what any generation finds acceptable.

    It doesn’t matter if you are for or against the legalization of pot, it matters where it would lead to based off of the revenue gained cause face it, the government has stopped doing for the people a long time ago, and if you are current with what is popular; the Kim and Kanye saga get more press than real issues such as legalizing pot, gun law, government debt, and not to forget my favorite government shut down.

    I know that if I quit working when I was a soldier in the U.S. Army there were consequences which usually ended with me in a bad kind of way.

  • Report this Comment On December 02, 2013, at 12:05 AM, allykat7825 wrote:

    This will be the first step in finishing off the Regan inspired War against drugs which has cost so many billions over the years. It put the lotteries to shame when the taxes are added up and make many more people happy. Add cocaine to the list and the cartels are a thing of the past, which should please oldmutt. Oldmutt is probably not as old as I am and despite rumors to the contrary, and what many others might think, I still have my wits about me. .

  • Report this Comment On December 02, 2013, at 1:03 AM, Sniper2013 wrote:
  • Report this Comment On December 02, 2013, at 2:05 AM, uniquelyNzaneSam wrote:

    Where oldMutt1949 is investment advice?: anti-pesticidal controls against garden herbivores? Bet on that eliminates most carcinogens' category of compounds. Good alarm oldMutt about marijuana combustion: extreme diarrhea treatment on terminal illness cases will not intrest as much financial and mental risk as combustibles, crack and meth. Expect ascending physical medicine values from home-brewed tea-therapy thereby more versatile prescriptions flavorful hashish gel-capsuled and milligram-tweeked synthetically. Noncombusted eliminates psychological addiction injuring only nervous system like brain damages from psychotropic over-use.

    >Behavioral health dermal patches prescribing "thc" will dominate nicotine futures into oblivion. Chemical, money lust, even commercialed availability are not the gateway drugs guaranteeing stupefied economics. Anti-faith religious propaganda misinterpretation-poisoning scorches your love into an emptying black-holes to drain away everyone&thing appreciable. Artificial counterfeits especially joy inducements cannot possibly satisfy longest-term spiritual-nature provisions. Will algebraic naturals ever displace monetary abstracts? Where oldMutt1949 is investment advice?: anti-pesticidal controls against garden herbivores? Bet on that eliminates most carcinogens' category of compounds. Good alarm oldMutt about marijuana combustion: extreme diarrhea treatment on terminal illness cases will not intrest as much financial and mental risk as combustibles, crack and meth. Expect ascending physical medicine values from home-brewed tea-therapy thereby more versatile prescriptions flavorful hashish gel-capsuled and milligram-tweeked synthetically. Noncombusted eliminates psychological addiction injuring only nervous system like brain damages from psychotropic over-use.

    >Behavioral health dermal patches prescribing "thc" will dominate nicotine futures into oblivion. Chemical, money lust, even commercialed availability are not the gateway drugs guaranteeing stupefied economics. Anti-faith religious propaganda misinterpretation-poisoning scorches your love into an emptying black-holes to drain away everyone&thing appreciable. Artificial counterfeits especially joy inducements cannot possibly satisfy longest-term spiritual-nature provisions. Will algebraic naturals ever displace monetary abstracts? Someday Where oldMutt1949 is investment advice?: anti-pesticidal controls against garden herbivores? Bet on that eliminates most carcinogens' category of compounds. Good alarm oldMutt about marijuana combustion: extreme diarrhea treatment on terminal illness cases will not intrest as much financial and mental risk as combustibles, crack and meth. Expect ascending physical medicine values from home-brewed tea-therapy thereby more versatile prescriptions flavorful hashish gel-capsuled and milligram-tweeked synthetically. Noncombusted eliminates psychological addiction injuring only nervous system like brain damages from psychotropic over-use.

    >Behavioral health dermal patches prescribing "thc" will dominate nicotine futures into oblivion. Chemical, money lust, even commercialed availability are not the gateway drugs guaranteeing stupefied economics. Anti-faith religious propaganda misinterpretation-poisoning scorches your love into an emptying black-holes to drain away everyone&thing appreciable. Artificial counterfeits especially joy inducements cannot possibly satisfy longest-term spiritual-nature provisions. Will algebraic naturals ever displace monetary abstracts? Perhaps after college graduations? How might one economically invest private citizen properties, hide them secure from theft, or accelerate prosperity to make defrauding obsolete?

  • Report this Comment On December 02, 2013, at 2:50 AM, gareball wrote:

    "Only 6% of studies on marijuana investigate its potential benefit.

    According to CNN's Sanjay Gupta, the other 94% investigate its potential harm. The problem, as Gupta points out, is that it's very hard to run clinical trials on marijuana use since it's still illegal at the national level. While the University of Mississippi farm can provide the medication legally for studies, it's apparently not that all that easy to acquire medication from it".

    If the FDA were to subject ANY drug from Big Pharma to the same skewed testing there wouldn't be a new drug on the market for decades. I'm betting that the drugs 'oldmutt' or 'Old Skewel' take to stay alive would never have passed such rigorous testing, and probably contain more virulent side effects than marijuana ever could.

    Step into the 21st century, guys, and realize that it's time to put the idiotic and woefully expensive "war on drugs" to rest. It hasn't, and never will, work.

    By the way 'old' fellas.....I'm 64 myself and have been a regular pot user for more than 45 of those years. I'm the picture of good health, thanks to a vegetarian diet, and will probably outlive both of you pot demonizers by a decade, at least. Oh, and 'Old Skewel', hashish IS NOT addictive, it's basically the resin from the marijuana flower and is nothing more than a more potent delivery device for THC. The sum total of what you anti-pot "experts" DON'T know is astounding. Then again, when you rely on anti-pot propaganda for your "facts" you're deliberately being fed a pack of lies designed to keep Big Pharma, the Liquor Lobby, and the 'for profit' prison system in customers for years to come. Try thinking for yourself, for once, and do the research so you'll be armed with REAL facts!

  • Report this Comment On December 02, 2013, at 5:20 AM, moomoo wrote:

    don't smoke eat or vape :)

  • Report this Comment On December 02, 2013, at 7:25 AM, joedudeyo wrote:

    It's an impossibility that marijuana will be the best selling drug ever. The best it can do is the 4th behind alcohol, tobacco, and caffeine.

  • Report this Comment On December 02, 2013, at 7:36 AM, hacker44240 wrote:

    If the federal Government "cracks down" on state's laws, the federal government will be overthrown.

  • Report this Comment On December 02, 2013, at 7:56 AM, Widowmaker6 wrote:

    decriminalize but do not legalize; KEEP THE GOVERNMENT OUT - grow your own like tomatoes and carrots in the garden

  • Report this Comment On December 02, 2013, at 8:24 AM, davidhd wrote:

    Alcohol is the most frequently used drug.

  • Report this Comment On December 02, 2013, at 9:13 AM, Rodney7777 wrote:

    Here are some "jaw dropping" facts about marijuana/hemp. You can grow your own house with hemp. Concrete like blocks made out of the center of the stalk called "hurd" mixed with lime and water create a block that is lighter and stronger than concrete. insulation, roof panels, and even structural members all made from hemp. Hemp can be grown on land that is now not productive or marginal. High THC marijuana can produce up to two hundred gallons of seed oil that can be burned as fuel in a diesel engine. Marijuana and industrial hemp were made illegal, THAT is what is criminal.

  • Report this Comment On December 02, 2013, at 9:40 AM, nmwander wrote:

    Most of the folks who's jaws dropped reading this article are already ossified by three bong hits before 8 in the morning.

    DUh.

    Legal Marijuan is no different than Legal Tobacco, think about it.

    the corporations will take over production and distribution. They'll tinker with the "additives" to make it more potent and more addictive.....

    Dang, mosta y'alls high on dog food.

  • Report this Comment On December 02, 2013, at 11:43 AM, frank33354 wrote:

    the revenue it would provide for the individual states would be a welcome windfall, put it this way, in new jersey if the maras would have dommed the stadium, they could have had the superbowl there many many times, but no, and think of all the revenue for the state that would have provided, making pot legal is of its time, why should only some people reap the rewards when everyone can?

  • Report this Comment On December 02, 2013, at 11:43 AM, ScoopHoop wrote:

    Billionaire Peter Lewis, former head of Progressive Insurance, smoked pot for much of his adult life after trying it at age 39. He lived to be 80 years old. There are many examples of multi-millionaires and politicians who smoke pot: Paul McCartney, Willy Nelson, Bill Clinton, George Bush and Barack Obama. I look forward to the day when the federal government decriminalizes pot; there are too many black men in prisons for smoking weed, they are now living with felony on their record, which is same as living with Jim Crow laws, no job opportunities and no career advancement with such a criminal record. Potheads in nonlegal states must continue to get their weed from the Black Market. Pot has downside effects. Use it too much you are likely to become lazy. Same could be said of alcohol or pain pills. Use in moderation only. Respect it, this is a psycho-active drug, really not meant for teenagers, whose brains are still developing, this drug is for fully informed adults.

  • Report this Comment On December 02, 2013, at 11:56 AM, oneyoudontsee wrote:

    And to think we live in a free country... Personal freedom ?

  • Report this Comment On December 02, 2013, at 12:00 PM, pondee619 wrote:

    "Marijuana could be the best-selling legal drug. Ever" NOT A CHANCE

    Caffeine, nicotine and alcohol will still be the top three. I'd have to box the three for the trifecta, however.

  • Report this Comment On December 02, 2013, at 12:46 PM, Wasatcher wrote:

    Whether marijuana is healthy or not is not the issue -- the issue is whether or not it should be legal. There's an endless list of things that are not good for you that millions consume one way or another every single minute of every single day, but that does not mean that they should be illegal or that all of us have to do it. We have personal choice and responsibility. And the fact is that possessing, growing or smoking marijuana should not be grounds for imprisonment in America's over-crowded, for-profit prison system. Prisons should be reserved for violent criminals, not people who enjoy the relatively benign buzz that marijuana creates, unlike the mind-bender, alcohol! It's time to stop trying to legislate morality and live and let live!

  • Report this Comment On December 02, 2013, at 2:07 PM, pebear wrote:

    The US government needs to quit with the lies, and everything the Fed's have had to say about weed is a lie, and the hypocrisy, and just legalize weed. The stuff if maybe a little more potent than coffee but not quite as strong a alcohol.

  • Report this Comment On December 02, 2013, at 2:34 PM, tradesomestocks wrote:

    GWPH... way ahead of the curve

  • Report this Comment On December 02, 2013, at 2:36 PM, tradesomestocks wrote:

    lol oldmutt

  • Report this Comment On December 02, 2013, at 2:43 PM, wickedbee wrote:

    If all the people you know smoked pot are gone that's because they where the only idiots to let ignorant uninformed people know they smoke pot. The fact is a lot more people that you know smoke it, they would rather not let brainwashed people who can't make solid judgments from facts instead of propaganda. Fact!!! People of all walks of life smoke it. WAKE UP!!!!!

  • Report this Comment On December 02, 2013, at 4:11 PM, ajc91907 wrote:

    I work in the E.R. and am a Respiratory Therapist and have seen hundreds of kids come in overdosing on legal pain meds. I have never seen anybody overdose on marijuana. Smoking anything may be bad but tobacco has no medicinal benefit and is legal so why the double standard? Eating fried food is bad, not working out is bad but neither are illegal. Your points are mute and hypocritical....it's coming whether you like it or not...don't be one of those people who thought the Earth was flat until they saw a picture of it. Get Real!!!

  • Report this Comment On December 02, 2013, at 4:13 PM, ajc91907 wrote:

    lunarays.... you sir are a moron!Congrats. Your grammar is awful too.

  • Report this Comment On December 02, 2013, at 5:21 PM, pho3b3 wrote:

    what does this article have to do with investing? what do the comments have to do with truth as anyone but the writer sees it?

  • Report this Comment On December 02, 2013, at 5:29 PM, eyeknonothing wrote:

    The criminalization of weed was political and nothing more. Not one fatality from smoking weed. The drug war is a waste of taxpayer's money. It will never work. I agree with VikingBear, legalize everything.

  • Report this Comment On December 02, 2013, at 7:43 PM, pattherealist wrote:

    Listen up folks!!

    If it calls itself Obamacare, and not, Affordable Health Care, then its just some of the sleezy/ greedy insurance companies, still trying to get over you and rip you off! The Affordable Healthcare Act was set up to stop these white collar criminals from screwing the American public, so ignore their emails and other solicitations.

    For all your free, honest and correct information, Log on to:

    https://www.healthcare.gov

    which is the official Affordable Healthcare website, and not some bunch of crooks, who send you emails callling themselves "Obamacare!" when really what they are trying to do is to destroy Affordable Healthcare, so they can continue to mislead and decieve the American public, as they have done for years.

  • Report this Comment On December 02, 2013, at 8:45 PM, cmalek wrote:

    @oldmutt1949:

    "5. A lot of hippies from my generation who smoked this polluted crap are no longer here."

    A lot of non-hippies from your generation (and mine) who DID NOT smoke this polluted crap are also gone. It just so happens that the older you get, the higher your chances of dying are, if only from old age.

  • Report this Comment On December 02, 2013, at 8:57 PM, highhat33 wrote:

    I know plenty of old hippies in their sixty's and seventy's still alive and still smokin.Oh I wonder how many potheads ever robbed a bank or a gas station? How many after drinking alcohol?(Legal of course but not pot,Hummm)

  • Report this Comment On December 02, 2013, at 9:06 PM, highhat33 wrote:

    oldmutt,you sir are a moron!

  • Report this Comment On December 02, 2013, at 9:37 PM, szcz wrote:

    I thought this was a website dealing with financial matters.

    Another article by a young left-wing socialists at the Fool. When I was in college in the 60s most people smoked dope. The only reason I did not was because I could not believe that inhaling smoke into your lungs for any reason was a good thing. That was the only reason I never smoked cigarettes or marijuana.

    Years later, leftists like yourself began telling me that cigarettes should not be smoked because they were soooo very dangerous. Yet, young socialists like you tell me that marijuana should be inhaled into a person's lungs simply because you think it's a good thing.

    Just another example of the hypocrisy of the left.

  • Report this Comment On December 03, 2013, at 11:15 AM, Croaxleigh wrote:

    szcz: The legalization of marijuana could have significant influence on financial matters. While this article doesn't offer stock or company analysis, it does cover a topic that could affect both the "sin" market (cigarettes and alcohol) and the pharmaceutical market.

    Also, not everything is a "left" or "right" political thing. People who accuse anyone that says something that they don't agree with of being part of the "left" or "right" are worse than those who are actually pushing agendas for the left or right.

  • Report this Comment On December 03, 2013, at 11:46 AM, tigress1974 wrote:

    Is any researchers looking into what small amounts Marijauna can do for patients with PTSD and or (DID) Dissociative Identity Disorder patients. I know someone with DID and hes been fighting it for years we didnt know what he had until he took 4 hits of a joint and woke up. Hes been on everything out there and nothing I MEAN nothing has given him his life but this.. now hes under yet another Doctors care and they still wont help him get it medically.. THC in the marijuana actually helped the chemical in balance, in his brain to allow him to work and talk with his personalities. if you are a doctor and you are interested in this send me a email I will tell you more.

  • Report this Comment On December 03, 2013, at 12:07 PM, DaveCorner wrote:

    I have to laugh at some of the idiot comments posted here. Who needs MJ when you can read these comments and laugh like a teen-ager smoking his first doob? OldSkewel even thinks hashish is addictive; apparently he's confused with heroin which after all also begins with an "H" right? Other addictive substances: H2O, Homefries, Home-cooked meals, hushpuppies, and halibut. Ha ha ha ha ha! Also people who whine about smoking don't seem to understand that many people have given up smoking it and vaporize it instead; it's much safer then smoking. I agree wholeheartedly about how people who don't know the very first thing about it start spouting nonsense. I especially got a kick out of the idiot who worried that legalizing it will "ruin education" in this country, as if the schools are not currently the ONLY place where pot is easy to find LOL

  • Report this Comment On December 05, 2013, at 10:49 AM, damilkman wrote:

    Here is a different tact for the Fools. The wealth redistribution began about 40-50 years ago with the continuation with advances in automation. The other item that occurred was the acceptence of the recreational drug culture. In the old days the only drugs you could easily get ahold of was alcohol and tobacco. If you did something else there was a very strong sigma. Now Joe Public has access to a potporie of drugs including POT.

    Is it reasonable to say that drug users have a different set of priorities from nonusers? When you use drugs as part of your lifestyle your motivation is your next high. Everything else including motivations to further oneself fall on the wayside. Drugs replaces everything else that might motivate us including furthering ourselves financially.

    Perhaps it is just a symptom and not the cause. But I am willing to bet that those who abstain from chemicals for recreational pleasure are doing financially better then those who do not. I am sure there are exceptions. But most of the chemical abusers I know are not doing very well financially. I suppose they would argue they are happier. But I never found happienss in a botle or a toke.

  • Report this Comment On December 05, 2013, at 11:20 AM, Zinj wrote:

    THC has some interesting properties. So does aspirin. But I don't smoke willow bark to obtain aspirin and I wouldn't smoke cannabis to get the THC. By the way, when was the last time you heard someone getting really excited about aspirin?

    People want to make marijuana romantic or rogue-ish, but it's just chemistry. Demystify it.

    Combustion and inhalation of a nasty brew of toxins is not a healthy drug delivery mechanism. To the extent THC has medicinal (or even recreational) uses, it should be delivered in a much healthier manner than smoking

  • Report this Comment On December 05, 2013, at 3:16 PM, hbofbyu wrote:

    The stoners in my high-school were so laid-back and easy going. Apparently, all have now turned into activists with a militant agenda. (And anyone who doesn't want to legalize marijuana is a brainwashed idiot - thank you DaveCorner).

    Do the benefits of alcohol outweigh the costs to society? It can't be answered because you can't quantify the pleasure people get from drinking. Objectively there is no benefit past the health benefits of resveratrol in small amounts.

    I suspect Marijuana is the same way. Those that enjoy it want more than anything for great health benefits to be discovered. It's pretty easy to convince yourself if you want it bad enough.

  • Report this Comment On December 05, 2013, at 3:18 PM, NODISCOJOE wrote:

    Instead of arguing about the effects of Thc, whether it is legal or not, why not focus on how to position ourselves to make great investments out of this new emerging market. There has to be a few companies who are positioned to make huge profits from the legalization or decriminalization of marijuana. One company I found is MJNA with a PE of 8.97, gross margin of 64.55%, net margin of 197.01%, and ROE of 56.87%. If you'd quit arguing I think you all would realize that this industry is a gold mine! I'd like to hear from some of you other fools thoughts on companies that can skyrocket in this emerging market.

  • Report this Comment On December 05, 2013, at 3:20 PM, hbofbyu wrote:

    Remember, in clinical drug trials 1/3 of positive results are attributed to the placebo effect. So yes, marijuana will cure what ails you 33% of the time if you have faith.

  • Report this Comment On December 05, 2013, at 3:24 PM, hbofbyu wrote:

    @nodiscojoe

    Marijuana is a potential gold mine like tomatoes are a potential gold mine. If I can grow it in my back yard and buy it at Costco it won't have margins.

    And it won't have the base of tobacco because people don't chain-smoke marijuana. It is not addictive. Right? Alcohol and tobacco are addictive.

  • Report this Comment On December 05, 2013, at 3:30 PM, NODISCOJOE wrote:

    @hbofbyu

    If regulated properly, there will be margins. California collects about a billion dollars a year from taxes on medical marijuana.

  • Report this Comment On December 05, 2013, at 3:48 PM, NODISCOJOE wrote:

    Medbox in One of the Fastest-Growing Markets in the United States According to a New ReportFont size: A | A | A

    9:00 AM ET 12/5/13 | PR Newswire

    The study, written by former Wells Fargo Managing Director Steve Berg, stated that more than $1.43 billion worth of legal marijuana will be sold in 2013. The report also predicts that figure to grow by 64 percent, to $2.34 billion next year. By comparison, recent figures show the Smartphone market expanded by just 46 percent from 2012 to 2013.

    "Entrepreneurs and private investors are flocking to cannabis markets," Berg said. "Those who really understand market dynamics will reap large rewards."

    The report predicts that 14 more states will legalize marijuana for recreational adult use in the next five years, creating a potential $10.2 billion cannabis market by 2018.

    "We have always taken a long-term view of this industry and our company's growth curve," said Dr. Bruce Bedrick, CEO of Medbox, Inc. "We took all the steps necessary to develop superior products, patent our technology, establish a sales network, and attract financing so that we would be perfectly positioned to scale up our growth as this industry rapidly expands."

    "This industry is professionalizing and seeing an influx of professionals from other industries," Berg said. "More and more investors are coming in and financing these businesses, which have more and more markets to serve."

    About Medbox, Inc.:Medbox is a leader in the development, sales and service of automated, biometrically controlled dispensing and storage systems for medicine and merchandise. Medbox has offices throughout the world, including New York, Arizona, Connecticut, Massachusetts, Florida, Tokyo, London and Toronto, and has their corporate headquarters in Los Angeles.

    Medbox, Inc. is a publicly traded company, and is quoted on the OTC Markets, ticker symbol MDBX.

    Forward-Looking Statements: The statements in this press release constitute forward-looking statements within the meaning of federal securities laws. Such statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, such forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Potential risks and uncertainties include, but are not limited to, technical advances in the industry, political conditions and economic conditions in the states considering such legislation. We do not take any obligation to update any forward-looking statement to reflect events or developments after a forward-looking statement was made.

    SOURCE Medbox, Inc.

  • Report this Comment On December 06, 2013, at 3:09 PM, geneg56 wrote:

    As soon as I get the spare capital I will invest for sure.

    Overdose on Weed? Sure... The US Navy educated me in 1974 that for a 200Lb adult to overdose and die on Pot they would have to smoke/ingest, are you ready, SIXTEEN POUNDS OF CANNABIS!!! Overdose possible but not at all probable. You would fall asleep or die from smoke inhalation before that ever happened!

    Hemp is the strongest natural fiber and produces ten times the pulp per acre, twice a year, than the same acre of trees (that take years not months to grow) and less chemicals to turn into paper. Plus the seed is second to only the soy bean (which it out produces per acre) in protein content as a food or livestock feed or the oil can be extracted for fuel.

    Marijuana/Hemp cultivation was outlawed for only one real reason... The company owned by the then U.S. Sec of State, DUPONT (yeah the chemical guy), developed the process to make paper out of trees and wanted to eliminate the competition from the Hemp Industry which up until that time supplied all of America’s paper needs. Now everyone from Pharmaceutical companies to Paper to Big Energy to Textiles to Law Enforcement have a stake in keeping it contraband simply because it is one of the most useful plants on the face of the earth and would cut into their bottom line. Hell it could be one of the weapons against cancer but unless the Government allows meaningful studies to be done to find the good it can do we will never know.

    Cars, Booze and Cigarettes kill more people each year than Pot ever has and there is no outcry to put a halt to any of those! If I had one wish all three of those would cease to exist and the world would be better for it… but Uncle Sam makes a butt load of money from them and besides they help to thin out the population right Sam? Grandfathered in huh?

    As for any detriment to our society if it were going to bring down a country then would not Denmark have already crumbled into decay by now? They have tolerated the private and public (licensed club) use of Ganja for many, many years and they are still kicking. By the way they have a lower percentage of hard drug users than the Good Ol' U.S.A. also.

    The worst side effect that responsible users have to fear is arrest and incarceration. Like any other drug, legal or not, intelligent use poses very little risk while ignorant abuse can have severe consequences. Hell I have moderate Psoriasis, head to toe, and I will not chance the possible side effects of the new treatments available because of what they might do to me.

    When I was a church go'er our pastor said that one of the unpardonable sins was giving the Devil credit for the work of God. Is that not what the nay say’ers and our Government are doing? If you are a believer then you have to believe that God MADE Marijuana for us, heck even put special receptors in our brains for the compounds that are found only in Cannabis. Why would God do that unless we were intended to use it? Or perhaps he let the devil have a hand in creation... NOT.

    Wake up people… we have more to fear from GMO food, which more and more studies say can cause cancer and Monsanto and other Biotech companies don’t want us to know is in our food then we have to fear from making Marijuana use legal. Heck with all the Designer Drugs (Man Made) out there now that do do harm to their users shouldn’t we be outlawing Chemistry Degrees?

    Bottom line; Each and every human has a God Given Right, to use responsibly, what the Creator made and put here for us, be it Tobacco, Weed, Opium, Coffee, Tea or Coca.

  • Report this Comment On February 22, 2014, at 5:10 PM, cficair wrote:

    WOW, what a debate, From hippies to dippies and all in between. Wasnt it some grey hairs that said, Life, Liberty and the pursuit of happiness. As a law-enforcement representative, I have never in my 30+ years rolled up to to an accident(or purpose) where some had smoked or ingested too much pot. Hate to say it but pot saves lives, smoke, eat and sleep, just one less idot on the streets to kill or be killed. Liberty to do as you please without it affecting someone else negatively and pursuit of happiness, "Wine, weed, and women, Boo-yaa

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