Despite no pun intended it is hard to ignore the thriving business environment all around the production and sale of medicinal marijuana. With MMJ now legalized in 15 states and also the District of Columbia, the marketplace is expanding vigorously.
Treating a Variety of Ailments
THC, the active component in marijuana can effectively treat a number of conditions. It may reduce nausea, insomnia, neurogenic pain and movement disorders and also the the signs of glaucoma. It may be useful in controlling the the signs of irritable bowel syndrome, migraines and fibromyalgia. Recent reports have established that THC prevents the formation of deposits of plaques related to Alzheimer's disease.
Obviously more research is crucial in determining which conditions medicinal marijuana can help, but even this short list is encouraging.
Not only Smoking
Medical marijuana opponents object strongly to the most common method of ingestion: smoking. However, there are lots of safer ways to ingest marijuana. Marijuana can be inhaled inside a vaporized form and added to food after being processed into hemp oil. Both methods bypass the hazards involved in any form of smoking.
Who are able to Grow It?
Among the challenges of getting medical marijuana is figuring out who is permitted to fill it up, and how much they are able to grow. The states which have legalized marijuana for medical use have implemented standards for whether and just how much marijuana a person is permitted to grow or possess. Situations are a bit more complicated for dispensaries.
California allows patients and caregivers to form cooperatives to develop the plants, but a lot of the product which reaches the market is grown on small "farms" which still operate outside the law.
Recently a large store focusing on information and supplies opened in Sacramento, CA. The store doesn't sell any marijuana, nor any plants. There are some plants displayed but they are owned by licensed individuals and will also be removed before they bud.
Opening a medicinal marijuana dispensary involves a little bit of work. In each from the states in which the sale of medicinal marijuana is legalized what's needed are a bit different. Businesses must apply for a license and supply proof that the storefront is either owned by the business or the leaser has approved the business. Some states require a safety plan to be drawn up, or request tax documents and so on.
One of the biggest challenges facing these legal businesses is acquiring the full range of economic services, for example merchant accounts for processing credit card sales or bank accounts, since marijuana is only legal around the state level, away from the federal level.
Perhaps the strongest argument that the government will react to is the potential tax base that medical marijuana will generate. In tough economic times it is hard to turn away any source of much needed income.