It's claimed in various places online that from consuming blackstrap molasses people experience a reduction in anxiety, insomnia, "foggy brain," and fatigue symptoms; help with anemia, PMS, menstrual problems, menstrual cramping, menstrual mood swings, hot flashes, cravings for sweets, and other health issues related to the menstrual cycle; reduction in the size of their fibroid tumors; graying of hair reversing color; relief from arthritis and carpel tunnel; and relief from various digestive problems like acid reflux, constipation, and diarrhea.
One would think someone would have studied this given the claims. I can't find any studies. Mineral replenishment can't hurt and this stuff isn't very sweet. Has anyone tried this or is this an old wives' tale courtesy of the placebo effect? This is at least from a doctor: http://forahealthyfuture.com/nutrition/blackstrap-molasses . Here's what is typically in this stuff: http://www.whfoods.com/genpage.php?tname=nutrientprofile&dbid=85 and for some more info: http://www.whfoods.com/genpage.php?dbid=118&tname=foodspice.
My guess is that magnesium is the main benefit here. The iron content might help some while hurting others.