In this contribution to Abraham Nitzan’s Festschrift, we present a perspective of theoretical research over the years that has pointed to the potential of molecular processes to act as quantum information resources. Under appropriate control, homonuclear dimer (diatom) dissociation (half-collision) and the inverse process of atom-pair collisions are shown to reveal translational (EPR-like) entanglement that enables molecular wave packet teleportation. When such processes involve electronic-state excitation of the diatom, the fluorescence following dissociation can serve as an entanglement witness that unravels the molecular-state characteristics and evolution. Such entangling processes can also exhibit anomalous quantum thermodynamic features, particularly temperature enhancement of a cavity field that interacts with dissociated entangled diatoms.