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CNBC.com Presents "Marijuana & Money"
Date:4/20/2010

ket is worth as much as $40 billion a year.
  • Tobacco vs. Pharmaceuticals – Both industries probably have plans on the shelf and both can argue expertise, but one stands to benefit more than the other from legalization.
  • Law Enforcement Costs – The current effort covering prevention, intervention and detention, costs state, local and federal government a total of almost $14 billion a year. Legalization would also have a high price tag for covering safety, quality and distribution.
  • Tax Potential - Taxation would generate billions in much needed revenue, but state and federal policies need to avoid creating a black market.
  • Medical Marijuana: Trial and Error – Legalizing medical marijuana is one thing, but managing logistics are another. On the east coast, there are struggles to create an efficient delivery system. Out west, dispensary businesses in California and Colorado are booming, causing officials to scramble to create regulations and taxes.
  • Wall St. and Pot – It may not be the choice of high-pressure traders, but it's more common than you think, especially with the expensive, pot delivery services that offer anonymity and convenience.
  •     
    A hot button issue that generates a wide array of opinions, “Marijuana &
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