Medical marijuana industry rapidly grows mainstream

[kpete]

Source: McClatchy

Posted on Wednesday, March 30, 2011
Medical marijuana industry rapidly grows mainstream

By Tony Pugh | McClatchy Newspapers

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After humble California beginnings in 1996, 15 states and the District of Columbia now have legalized marijuana use for ill patients who have a doctor's recommendation.

Medical marijuana has been found to help with chronic pain, nausea and other symptoms of diseases including cancer, muscular dystrophy and AIDS. Nearly 25 million Americans are medically eligible to buy marijuana.

Sales are expected to hit $1.7 billion this year. Just last week, a San Francisco-based outfit, the ArcView Group, formed the industry's first investment network to link cannabis entrepreneurs to qualified investors with "seed" money.

"It doesn't take a rocket scientist to realize that this industry is growing and that there are untold riches to be made here," said





Read more: http://www.mcclatchydc.com/2011/03/30/111304/medical-marijuana-industry-rapidly.html#ixzz1I8oQxfsH

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