I'm sure there are people that are just dismissing this because it doesn't agree with their worldview, but
my original response, and Val's original response, was in response to the OP that said "omigod teens shouldn't smoke weed, I regret how much weed I smoked, I just feel stupider."
Fairly certain we're just saying, uh, no, this study doesn't mean that your smoking weed
caused you to be stupider, and this study doesn't mean weed caused the teenagers to not finish school (see what he quoted and bolded).
How do we know that there is toxic stuff in the smoke?
http://www.tricountycessation.org/tobaccofacts/Cigarette-Ingredients.html
Can we prove that inhaling toxic stuff causes cancer? No, not in the way that means "cause." But, we do know that when you inhale stuff, it goes into our skin and mucous membranes, disrupting the normal lining of the respiratory tract.
(More detailed response of why inhaling -stuff-... like dust... is bad for you.)
http://www.ccohs.ca/oshanswers/chemicals/lungs_dust.html