The sales pitch for medical marijuana is rooted in claims of compassion and healing. It's also a budding commercial enterprise that relentlessly presses the legal system.
Since 1997, prescription pot has become a $1 billion-a-year industry in California. Though nominally a "not-for-profit" business, cannabis growers and dispensers find ways to make their efforts pay off.
Operating in 14 states, marijuana growers and dispensers are banking on wholesale legalization to yield bigger profits in the years ahead. Corporate stock pickers have taken note.
