It's the color version of Plan 9 From Outer Space with commentary by Mike Nelson of MST3K, backed up with Reefer Madness, restored and in color, also with commentary by Mike Nelson. And apparently Plan 9 is also signed by someone named SMel JN~.
Picked these up yesterday. Cheaper than condoms.
For making squibs. Jeez, you people.
And just for fun:
I just thought this looked cool, kinda like a stage.