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I usually watch what Google Adword's is doing. I figure if they don't allow it then its best to stay away. They can afford to pay lawyers way more money than I can.
As far as drugs of the prescription variety -
"Websites advertising prescription drugs or using prescription drug keywords targeted to the U.S. must be SquareTrade certified. Ads will not run until a valid SquareTrade identification number is provided. SquareTrade membership is only available for online pharmacies based in the U.S. or Canada. Please review our FAQ for further details, or review Google's Online Pharmacy Qualification Program."
Google doesn't allow gambling anymore either, so I'm not going to touch it. On the other hand they don't allow tobacco, but I run a cigar blog.
Penis enlargement pills and all that herbal stuff? Google prohibits "miracle cures." Alternatively herbal stuff is advertised on television and Clear Channel radio stations. I'd be careful with that one but not necessarily avoid it altogether.
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