Cannabis is one of the most widely used drugs throughout the world. Th
e psychoactive constituent of cannabis, Delta(9)-tetrahydrocannabinol
(Delta 9-THC), produces a myriad of pharmacological effects in animals
and humans. For many decades, the mechanism of action of cannabinoids
, compounds which are structurally similar to Delta(9)-THC, was unknow
n. Tremendous progress has been made recently in characterizing cannab
inoid receptors both centrally and peripherally and in studying the ro
le of second messenger systems at the cellular level. Furthermore, an
endogenous ligand, anandamide, for the cannabinoid receptor has been i
dentified. Anandamide is a fatty-acid derived compound that possesses
pharmacological properties similar to Delta(9)-THC. The production of
complex behavioral events by cannabinoids is probably mediated by spec
ific cannabinoid receptors and interactions with other neurochemical s
ystems. Cannabis also has great therapeutic potential and has been use
d for centuries for medicinal purposes. However, cannabinoid-derived d
rugs on the market today lack specificity and produce many unpleasant
side effects, thus limiting therapeutic usefulness. The advent of high
ly potent analogs and a specific antagonist may make possible the deve
lopment of compounds that lack undesirable side effects. The advanceme
nts in the field of cannabinoid pharmacology should facilitate our und
erstanding of the physiological role of endogenous cannabinoids.