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The Devil's lettuce… Dope… The filthy weed… Since the early 20th century, cannabis has had a bad reputation. It's even been argued that the word "marijuana" was used to lend the plant a sinister, "foreign-sounding" name.
It was demonized in government propaganda and newspapers of the day – the twin efforts of wealthy interests that stood to benefit from its eradication.
Well, it's taken the better part of a century, but in 2019 we tend to think of cannabis in different terms: revolutionary… transformative… healthful… and economic jet fuel… the investment opportunity of a lifetime.
The voices of demonization and prohibition, once all-powerful and influential, are starting to look more like the fringe, on the wrong side of history.
Cannabis's improved image is in large part due to efforts of activists, some of whom have worked ardently to repeal cannabis prohibition since the 1970s. It's also been helped along by research into cannabinoids initiated by Israeli scientists.
Research and experience are revealing that this little plant boasts a fantastically long list of benefits, some of which have benefited humans for perhaps as much as 12,000 years.
This goes beyond equities and fortunes. (Cannabis is highly likely to make you rich if you position yourself correctly, but there's much more to it.)
About the Author
Greg Miller started working on Wall Street in September, 1987, just a month before the “Black Monday” stock market crash.
During his career there, he became an expert in just about every kind of publicly traded security - from blue-chip and small-cap stocks to municipals, junk bonds, and derivatives. As a portfolio manager, Greg was responsible for over $500 million of assets in mutual funds and insurance company accounts.
After leaving the Street, he designed a successful options trading strategy and made lucrative tech investments for a financial publication. He has also helped develop new products and worked with other editors to hone their strategies. He’s always been dedicated to deep, fundamental research - and he always will be - because he believes buying the very best companies at the right price is the best way to amass wealth in the stock market.