Medical Marijuana Becoming Blockbuster Drug

Posted By Dr. Mercola | March 25 2011 | 497 views

Medical marijuana is now a $1.7 billion market in the U.S. This means that sales of medical marijuana rival the annual revenue generated by Viagra, a $1.9 billion business.

What's more the medical marijuana market is expected to nearly double in the next five years, and that's just in the 15 U.S. states where the drug is legal. If another 20 states pass medical marijuana laws, which projections show is possible, the market could grow to $8.9 billion by 2016.

According to MSNBC:

"The cannabis industry as a whole -- including the underground black market and medical gray market -- generates anywhere from $18 billion to $35.8 billion a year."