cannabisnews.com: Medical Marijuana Business Is On Fire
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Medical Marijuana Business Is On Fire
Posted by CN Staff on April 20, 2010 at 05:33:34 PT
By Rob Reuteman, Special from CNBC.com
Source: USA Today 
Denver -- Medical marijuana dispensaries are springing up in Colorado's major cities like coffee shops, nail parlors, tanning salons or taco shops. It's been 10 years since Colorado voted to allow the use and sale of marijuana for medical reasons. But in the past six months, the number of patients and dispensaries has skyrocketed."This industry is like a bolting horse running out of a stable that's on fire," said Sierra Neblina, owner of the Medimar Haven dispensary in Lakewood, Colo. "We need to get a hold of our own industry."
Denver has some 250 dispensary storefronts and Boulder, Colo., has more than 100. So far, the state has issued more than 66,000 cards that allow holders to purchase medical pot. Card demand is so high that there's a six-month waiting period.Now, experts estimate more than 100,000 Coloradans can buy medicinal marijuana legally. On April 1, the Medical Marijuana Registry at the state health department stopped accepting walk-up applications and will only process those sent by mail."The changes are necessary due to the explosive growth in the number of medical marijuana applications," said Mark Salley of the Colorado Health Department. He said the number of applications jumped from 270 per workday in August 2009 to about 1,000 in February 2010.Yet, few see legalized marijuana as a way to boost the economy and create jobs, according to an Associated Press/CNBC poll. About a quarter of those polled said legalized pot would lead to more jobs, but 57% said there would be no effect. Sixty-two percent approve of states taxing the drug, with people in the West more likely to back the idea.  Call It Marijuana Country   Like California, which was the first to OK medical marijuana in 1996, Colorado's marijuana infrastructure and culture are well ahead of the other 12 states that followed.Though Alaska, Hawaii, Maine, Michigan, Montana, Nevada, New Jersey, New Mexico, Oregon, Rhode Island, Vermont and Washington allow the practice, they are in various stages of start-up mode.Similar ballot measures or legislation allowing medical marijuana are pending in 14 more states this year: Alabama, Delaware, Illinois, Iowa, Kansas, Maryland, Massachusetts, Missouri, New York, North Carolina, Pennsylvania, South Dakota, Tennessee and Wisconsin. The City Council of the District of Columbia today considers a bill to allow the sale and use of medical marijuana.Those states have a lot to learn from California and Colorado. In the Mountain State, the jump in dispensary openings and applications for medical marijuana cards appears to be a direct result of key events  both local and national  that essentially loosened restrictions.In February 2009, Attorney General Eric Holder said the Drug Enforcement Agency would end raids on state-approved marijuana dispensaries. He said President Obama's election campaign position condoning medical use is "now American policy." Marijuana for non-medical purposes remains illegal. Snipped   Complete Article: http://drugsense.org/url/YjnCs3l1Source: USA Today (US)Author: Rob Reuteman, Special from CNBC.comPublished: April 20, 2010Copyright: 2010 USA Today, a division of Gannett Co. Inc.Contact: editor usatoday.comWebsite: http://www.usatoday.com/CannabisNews Medical Marijuana Archiveshttp://cannabisnews.com/news/list/medical.shtml
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Comment #7 posted by runruff on April 20, 2010 at 10:49:30 PT
My score said....
...you have done time!
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Comment #6 posted by Hope on April 20, 2010 at 10:24:55 PT
Lol!
"It made me laugh nervously."I purposely missed some and apparently not so purposely missed others. It said something to the effect of, "Obviously, you've never inhaled."
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Comment #5 posted by FoM on April 20, 2010 at 08:29:50 PT
CNBC Poll
After I did the quiz it said: The DEA wants to talk with you.It made me laugh nervously.
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Comment #4 posted by FoM on April 20, 2010 at 08:22:18 PT
JHarshaw
Happy 4/20 to you too!
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Comment #3 posted by JHarshaw on April 20, 2010 at 08:18:04 PT
O.T.
To all here and especially to you FOM Happy 420.
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Comment #2 posted by FoM on April 20, 2010 at 06:30:27 PT
QUIZ: How Much Do You Know About Marijuana?
URL: http://www.cnbc.com/id/36570120
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Comment #1 posted by FoM on April 20, 2010 at 05:35:26 PT
Medical Pot Use Can Conflict With Job Rules
April 20, 2010URL: http://www.usatoday.com/money/industries/health/2010-04-20-medical-marijuana-side_N.htm
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