Marijuana & Money 2012

  • Marijuana

    Medical marijuana is legal in the state of Colorado. As a result, businesses have been created to grow, package and sell medicinal marijuana. This has created jobs, paid rent, and perhaps most important in 2012 America, they've paid millions in taxes.  The problem: even though medical marijuana is legal in Colorado, it's illegal under federal  law.

The Business

  • Ready to Roll Thursday, 19 Apr 2012 | 4:09 PM ET
    Medical marijuana dispensary

    More than two years after New Jersey approved a measure to legalize marijuana for chronically ill patients, the program may finally be on the verge of allowing dispensaries to open.

The Law

  • Where There's Smoke, There's Fire Thursday, 19 Apr 2012 | 4:09 PM ET
    People attend a rally in support of a proposal to legalize marijuana outside Oaksterdam University in Oakland, California, U.S., on Tuesday, Nov. 2, 2010.

    The shutdown of Oaksterdam University was another in an ongoing dispute between federal and local officials in California on the topic of  marijuana laws. It's one that has been escalating over the past year – but so far discussions between the state and feds have been rare.

  • Risky Business Thursday, 19 Apr 2012 | 4:12 PM ET
    Marijuana plant

    Several states with dispensaries have seen an increase in both arrests and the confiscation of  marijuana plants. However, a look at DEA records shows what appears to be an uneven enforcement policy among pot-friendly states over the past several years.

The Consumer

  • In Oregon, Still Smokin', but Drawing Fire Thursday, 19 Apr 2012 | 4:08 PM ET

    Not only was Oregon the first state to decriminalize pot in 1973, years before its glamorous neighbor to the south, but its medical marijuana program has operated with few glitches since it began in 1998. Now, it's an issue in a top statewide election race.


  • It's Time to Legalize a Harmless Plant Friday, 20 Apr 2012 | 10:26 AM ET
    Marijuana joint

    It is long past time for politicians at all levels to end this bankrupt policy of Prohibition, and stop breaking down the doors of Americans who only want to possess a harmless plant in the comfort of their own homes.

  • Pot Should Remain a Controlled Substance Friday, 20 Apr 2012 | 10:23 AM ET

    Pot should remain as a controlled substance, with marijuana-based medicines (like cocaine-based medicines) available by subscription fulfilled not from your home-grown stash but through a pharmacy, contends Bob Enyart, pastor of the Denver Bible Church.

  • What's at Stake? Individual Liberty Thursday, 19 Apr 2012 | 4:11 PM ET
    Marijuana plants

    So what argument should advocates employ? That the government has no business interfering in private activities except to prevent harm to others

Related Stories

  • Edible Pot Hits the Spot Tuesday, 7 Dec 2010 | 11:33 AM ET
    Aunt Sandy's Medical Marijuana Cookbook

    The legalization of medical marijuana in several states has paved the way for a budding edible medical marijuana industry. Small businesses in states such as Colorado and California are making treats such as candy, cookies or soda.

  • Small Growers or Corporate Cash Crop? Tuesday, 20 Apr 2010 | 12:01 AM ET
    Holding a male marijuana plant by one of its leaves.

    If pot becomes legal, local, artisanal growers—perhaps along with farmers' collectives—are likely to dominate in the early stage, as big firms ramp up to enter the market years later. Think Starbuds vs. Maxwell House.

  • The Pot Dealer Next Door Tuesday, 20 Apr 2010 | 12:01 AM ET

    Drug dealers these days are far from the stereotypes of blinged-out urban kids and long-haired dirtbags. Many are moms, teachers, construction workers,  and municipal employees, supplementing their regular income.

  • Lab Firms Cater to Medical Marijuana Business Tuesday, 7 Dec 2010 | 11:38 AM ET
    Bob Winnicki is cruising around the lab.

    Labs like Full Spectrum and Steep Hill are springing up to serve the medical marijuana dispensaries and patients in states like Colorado and California to test the strength and purity of the drug.

  • Taxes: Government Gets a Piece of the Action Tuesday, 20 Apr 2010 | 12:05 AM ET

    Cash is king in the marijuana debate.  The economic argument for legalization is that it is cheaper for the government to control consumption with taxes than with law enforcement. What's more, the untapped tax revenue will help relieve many a fiscal crisis.

  • Personal Finance: Dollars & Sensamillia Tuesday, 20 Apr 2010 | 12:06 AM ET

    Taking a pocketbook approach to marijuana consumption, black-market prices make the weed more expense than alcohol and tobacco, but legalization could change that.

  • Health Debate Still Burning Tuesday, 20 Apr 2010 | 12:02 AM ET

    Is marijuana a harmless giggle, as John Lennon once called it, or a dangerous and illicit addiction? The debate has once again been pushed to the forefront, thanks to a couple of timely factors.


  • Marijuana's Top Destinations Monday, 19 Apr 2010 | 5:18 PM ET
    With recreational marijuana use illegal in all US states, Americans are either forced to go through underground sources at home or travel across borders to obtain and use the drug. Some places have significantly decriminalized marijuana or have turned a blind eye to personal use, encouraging travelers from around the globe to visit. To get a sense of the world's top marijuana destinations, CNBC.com asked Danny Danko, senior cultivation editor at , to give his picks on the world's top travel spot

    Some places have significantly decriminalized marijuana or have turned a blind eye to personal use, encouraging travelers from around the globe to visit.

  • The 16 Top Medical Marijuana Strains Tuesday, 8 Mar 2011 | 4:50 PM ET
    With 14(?) U.S. states already allowing medicinal marijuana users a legal alternative to managing their own pain, advocates fighting to legalize, regulate and tax cannabis claim their time is near. In November, California voters had the opportunity to end cannabis prohibition all together with Proposition 19 forcing the global spotlight on the issue of pot law reform for recreational use. Medicinal use of the plant, however, continue to forge on as a trojan horse of sorts. As more chronic pain s

    We consulted Danny Danko, High Times magazine's senior cultivation editor, to help us identify the most popular strains for medicinal use.

  • Marijuana In America: History, Culture & People Monday, 19 Apr 2010 | 5:19 PM ET

    In this slideshow, we take a look at different people, laws and films that played a role in shaping marijuana's image in the minds of Americans.

  • Marijuana: Tools of the Trade Monday, 19 Apr 2010 | 5:18 PM ET
    Although the recreational use of marijuana is essentially illegal in the United States, about one in ten Americans light up at least once each year. Marijuana users experience the drug in a variety of ways, and various "tools of the trade" exist to facilitate consumption. Whether one is smoking, preparing or growing marijuana, methods for handling the drug have evolved largely from the use and horticulture of tobacco. The Drug Enforcement Agency, DEA, states that in general, it is “unlawful for

    So, what are some of the most popular marijuana “tools of the trade?” Click to find out!

  • A Gallery of Medical Marijuana Wednesday, 22 Aug 2012 | 3:30 PM ET
    Depending on what your position is on the medicinal uses of marijuana, Jerome P. Kassirer, M.D. wrote in a 1997 article for the The New England Journal of Medicine that physicians who prohibit prescribing marijuana for seriously ill patients is misguided, heavy-handed, and inhumane.Thousands of suffering patients with cancer, AIDS, and other diseases claim that marijuana provides them relief from devastating symptoms such as intractable nausea, vomiting, and pain by smoking marijuana.We asked Hi

    Thousands of patients claim marijuana provides them relief from devastating symptoms. We asked High Times Cultivation Editor Danny Danko to put a cost on this relief.


  • Pot Sans High     Monday, 19 Apr 2010 | 12:02 AM ET

    A new strain of medical marijuana relieves pain without the high caused by other kinds of pot, with NBC Bay Area's Jodi Hernandez.

  • iGrow     Monday, 19 Apr 2010 | 12:03 AM ET

    A marijuana superstore in Oakland, California, sells everything you need to grow pot at home, with NBC Bay Area's Jodi Hernandez.


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