Medical Marijuana: Entrepreneurs And A Hungry Market

By on April 20, 2010 in Ideas


According to a story at CNBC.com, medical marijuana dispensaries are springing up in Colorado’s major cities like coffee shops, nail parlors, tanning salons or taco shops.

Though Colorado voters amended the state Constitution to allow the use and sale of marijuana for a variety of medicinal reasons ten years ago, the number of patients and dispensaries has skyrocketed in the past six months.

The city of Denver now has some 250 dispensary storefronts and Boulder has more than 100.

The state already has issued more than 66,000 cards that allow holders to purchase medicinal pot legally. A recent surge in applications has produced a six-month turnaround time for processing them. Since a temporary card is issued at the time of application, experts estimate more than 100,000 Coloradans now buy medicinal marijuana legally.

Photo by CNBC.

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Rich Whittle has added 6,226 posts to Business Opportunities Weblog.

Another Idea: How to Start a Medical Claims Processing Business


  • Chikitita

    In Sacramento, there is a new law that affects medical marijuana use. Although in many parts of the country all use of marijuana is illegal, in Sacramento and other parts of California it is legal to use marijuana for medical reasons. This means that if you have a painful medical condition such as AIDS, or a condition that requires painful treatments, such as cancer, you can legally use marijuana to get relief from the associated pain and nausea. Of course, you will need to go through the proper channels to make sure that you are within the scope of the law. Following the proper guidelines ensures that you will be able to use marijuana medically in Sacramento without having to worry about getting into trouble with the police.
    In 1996, Californians voted to pass Proposition 215. This proposition is also known as The Compassionate Use Act. It allows people to use, cultivate, and transport marijuana for medical uses. It also exempts people who do so and doctors who prescribe medical marijuana from any legal repercussions related to their actions. This is relevant because the federal government still considers marijuana use to be a crime. There have been several cases where the US government chose to prosecute individuals using medical marijuana in Sacramento (mostly growers of marijuana) who believed that they were acting within the scope of the Compassionate Use Act. If you choose to grow marijuana for medical purposes you will want to be aware that the federal government may choose to pursue you even though the state laws in Sacramento and other parts of California are on your side.
    Following the passage of Proposition 215, marijuana dispensaries started springing up around Sacramento. In order to clarify some questions that came up, the California Senate passed Bill 420. This bill paved the way for a registration program for individuals who wanted to use marijuana for medical purposes. People who want to get a Medical Marijuana ID card (MMID) need to have a note from a doctor saying that their condition would benefit from the use of marijuana. Once a person has that he or she will need to go to the Sacramento County Office of Vital Statistics to pick up an application. The application asks about medical history and whether the applicant believes that marijuana use will help their medical condition. In addition to the doctor’s notes, applicants are required to provide proof of residency, a photo identification, their doctor’s name and contact information, and a non-refundable application fee of $166. Applications can only be turned in with a prior appointment. Appointments are scheduled on Wednesdays or Fridays, and applicants can call 916-875-0994 to schedule one.
    Since the passage of Proposition 215 and Senate Bill 420, the use of medical marijuana in Sacramento has become much more commonplace. There are websites dedicated to maintaining a directory of doctors who are willing to write letters of recommendation, and of dispensaries where those possessing an MMID can purchase marijuana for medical use. Overall, surveys show that many citizens of Sacramento favor medical marijuana use so long as there are programs in place to keep people from abusing the system. For those who use medical marijuana for pain relief, these laws have enabled them to find their product in Sacramento without fear of legal repercussions.
    For more info visitg
    sunnyfieldsgrow.org

  • Michelle

    I’m looking to partner up with someone in British Columbia to start a weed based business. I would also consider other countries in some areas of Europe, Central or South America.

    I’m an entrepreneur & netrepreneur who has some knowledge in this area.

    Serious inquires only.

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