It's been called ecstasy's hipper cousin and it seems to be popping up everywhere - in rap songs, high school and college parties.
Even Madonna is talking about Molly.
Molly is short for molecule. It's sold under the premise that it's the purest form of ecstasy, pure MDMA. Usually in powder or crystal form and it's sometimes sold in capsules.
A man who admits he's a local drug dealer, talked to FOX13 News about his experiences with the drug.
"Every day. Everyday somebody wants to take Molly," Bill said.
He wanted FOX13 News to call him "Bill" to protect his identity. He did, however, say high school and college kids in Memphis are spending thousands on this drug every day.
"Think about how many times a week people ask for a martini at a bar. That's how many times per week people ask for Molly," Bill said.
Bill admits Molly is dangerous, but one unidentified college senior doesn't think so.
"It's just a powder and you just stick it in your gums or put it in your water bottle. That's what I did. I just put it in a water bottle and drank it," the college student said.
It's known as a party drug and a quick Internet search leads to multiple videos of young people using it and partying at raves.
"It's like a sexy kind of fun drug just to experience," one user said. "People just do it for the euphoric Cloud 9 feeling," another user said.
A Memphis emergency room doctor tells FOX13 News that definitely it is the feeling you get when using Molly but he also said that feeling can end with you in a coma or worse, possibly death.
"It could and who else knows what's in the street drug that you're getting?," Board Certified Emergency Medicine Physician Dr. Starner Jones said.
Dr. Jones said Molly can cause brain damage, your organs can even shut down.
He also explained that popular "Trinidad James" song lyric everyone is singing - 'Popped a Molly. I'm sweating. Whoo!'
"You're sweating because the drug causes hyperthermia," Dr. Jones said.
Those who "know Molly" don't always seem to even know what it is.
"It's not a hallucinogenic. You're not out of control or irritable," one user said.
" A lot of people were saying that it's safe. I would agree with that," another user said.
Dr. Jones said not only is that statement not true, right now there's no telling just how unsafe this drug even is.
"We know that the long term effects include anxiety and depression but who knows what else is going to manifest as a long term effect in a few years," Dr. Jones said.
He said what we do know is, it looks like this drug is going to stick around until long after experts figure those effects out.
"Anybody who has access to the Internet, anybody who hears a rap song, I mean, they're going to try it," Bill said.
Another appealing aspect to these young users is the jail time, or lack of jail time that comes along with using Molly.
Under Tennessee drug law someone caught with a small amount of MDMA, the active ingredient in ecstasy, could get a maximum of a year in jail. On the other hand, federally, a dealer or manufacturer could get life in prison for their part.