It is hard not to notice the flourishing business environment encompassing the manufacture and sale of medical marijuana. With medical cannabis now legal in fifteen states, the market is growing exuberantly.
Curing a Range of Diseases
THC, the main ingredient in cannabis has proven to successfully treat some illnesses. It can reduce the symptoms of glaucoma, neurogenic pain and movement disorders, insomnia, and nausea. It might be helpful in managing the symptoms of fibromyalgia, migraines and irritable bowel syndrome. Research indicates that THC avoids the formation of deposits of plaques related to Alzheimer’s disease.
Apparently, further study is important in determining which ailments medical cannabis can help, but even this small list is encouraging.
Medical marijuana challengers strongly object to the most common method of ingestion: smoking. Still, there are other safer ways to consume marijuana. Pot can be inhaled in a vapor form and added to foodstuffs after being processed into hemp oil. Both ways avoid the potential dangers involved in any form of smoking.
One of the challenges of acquiring medical marijuana is finding out who is permitted to grow it, and how much they can grow. The states which have authorized marijuana for medicinal use have put into effect standards for whether and how much cannabis one is permitted to grow or possess. Things are a bit more problematic for dispensaries.
California permits caregivers and patients to form cooperatives to grow the herb, but much of the product which spreads the market is produced on small “farms” which still work outside the law.
Of late a large store specializing in info and supplies opened in Sacramento, CA. The store does not sell any cannabis or any plants. There are some plants on display, but they are owned by licensed individuals and will be removed before they bud.
Starting a medical cannabis dispensary requires a bit of work. In each of the states where the sale of medical cannabis is permitted the requirements are a bit different. Businesses must acquire a license and provide proof that the leaser has approved the business or that the business owns the storefront. Some states expect a safety plan to be drawn up, or request tax credentials and so forth.
One of the main setbacks facing these legal businesses is getting the full range of business services, such as vendor accounts for processing credit card sales or bank accounts since cannabis is only legal on the state level, not at the federal level.
Maybe the strongest argument that the government will respond to is the potential tax base that medical cannabis will produce. In tough economic times, it is hard to turn away any source of much-needed income.