Billion dollar industry being help back by needless laws

Discussion in 'Politics' started by Truthmatters, Mar 24, 2011.

  1. Truthmatters
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    Medical pot ranks as blockbuster drug - Business - Small business - msnbc.com


    Medical marijuana is now a $1.7 billion market, according to a report released Wednesday by See Change Strategy, an independent financial analysis firm that specializes in new and unique markets. The figure represents estimated sales of marijuana through dispensaries in states with medical marijuana laws. It is the first time a definitive dollar figure has been given to the emerging medical cannabis industry.


    ..To put that number in perspective, sales of medical marijuana rival annual revenue generated by Viagra, a $1.9 billion business for Pfizer.

    The rising sales are generating growing interest from entrepreneurs and even some venture capitalists as the medical marijuana market is expected to nearly double in the next five years just in the 15 states where the drug has some protection under the law. If another 20 states pass medical marijuana laws — as the study projects is possible — the market could grow to $8.9 billion in 2016.
     
    Last edited: Mar 24, 2011
  2. Oddball
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    Oddball BANNED Supporting Member

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    You....Wringing your hands about an industry being kneecapped by unnecessary laws...


    Oh, to LMFAO! [​IMG]
     
  3. Truthmatters
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    Truthmatters BANNED

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    You dont really understand my point of view then
     
  4. Oddball
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    Oddball BANNED Supporting Member

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    You don't understand your POV. [​IMG]
     
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  5. StevenC
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    StevenC VIP Member

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    So you are for removing impediments to businesses in the form of regulations?
    I agree. Let's fix the corporate taxes and other impediments so we can build Nuclear plants and drill where ever oil can be found.
     
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  6. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    Medical marijuana... right. That marijuana is being used for medical reasons about as much as that viagra is.
     
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  7. Truthmatters
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    Truthmatters BANNED

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    If you believe in freedom of the people than you should believe in people not having laws designed to pretend a drug like pot is dangerous enough to ban.
     
  8. The Infidel
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    The Infidel EVIL CONSERVATIVE

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    Thankfully not alot of folks do.
     
  9. FuelRod
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    FuelRod Gold Member

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    So you're all for capitalism as long as it fits your agenda?
     
  10. ClosedCaption
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    ClosedCaption Diamond Member

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    Pot? I agree whatever it is *thumbs up*
     

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