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When you get right down to it, cannabinoids – the 113-plus compounds inside the cannabis plant – are what's powering the booming marijuana market and the profits everyone's taking in.
Cannabinoids are the chemicals that give the plant its unique and highly sought-after effects. Cannabinoids can reduce inflammation and suppress seizures. They can relieve pain, too.
And of course, at least one cannabinoid – tetrahydrocannabinol-9 – is prized for its psychoactive qualities; it gets you high.
Of the many, many properties cannabinoids have, two things they don't possess are… taste and smell. Pick any one pure cannabinoid, and it's tasteless and odorless.
But as anyone who's ever been within five feet of marijuana knows, the aroma can be extremely pungent – unmistakable, even though it can differ from strain to strain. The taste is quite distinctive, too.
So what gives?
The huge variety in marijuana's taste and smell comes from yet another compound present in cannabis.
I'm talking about terpenes. In addition to providing that familiar "weed" aroma, terpenes themselves are proving to have therapeutic qualities of their own.
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.