Is The Grass Getting Greener?

There are so many game-changers on the horizon that sometimes it’s difficult to keep up.

Artificial intelligence. Self-driving cars. Virtual reality. Breakthroughs in energy storage. All of these can upend the status quo and change our daily lives for the better.

But cannabis, the plant from which marijuana is derived, is in a class by itself.

It already exists.

We have the compound in a useful form. It doesn’t need enhancements, tweaks, or new formulations. Its potential simply needs to be unleashed.

I’m not talking about recreational pot, where people try to decide if they’d like to smoke, vape, or chew an edible to get high.

I’m talking about medical marijuana, which has burst on the scene just as our nation is about to feel the crush of caring for a rapidly aging population.

The demand for legal marijuana is here, it’s growing, and it will continue to rise.

As more states allow medical and recreational use of marijuana, we’ll analyze more data on how consumers can use the substance to improve their health. Consumers will change their buying patterns, creating winners and losers, and it’s all starting right now.

With greater utilization of medical marijuana, patients will find more relief and spend less than they would on expensive prescription drugs. This growth could more than double the number of jobs in an industry that already employs about 150,000 people.

It’s fascinating to watch a fresh industry grow, thrive, and offer an entire generation a viable pain remedy alternative … but is it enough to justify buying stock in a marijuana-related company right now?

In our latest infographic Is the Grass Getting Greener?, we dive deeper into these issues, and take a closer look at some of the numbers that could help or hinder the growth of marijuana as a practical investment opportunity.

There’s no question medical marijuana is an industry on the rise, but what roadblocks could be keeping investors on the sidelines… and what related opportunities are currently presenting themselves?

 

Rodney Johnson
Follow me on Twitter @RJHSDent

What Killed the Middle Class?

Today real incomes of the middle class are 5% lower than they were in 1970 and 12.4% lower than in 2000… when they peaked! How could this be?

In our new infographic What Killed the Middle Class?, we take a look at some shocking numbers to show how bad it’s become and what has been fueling this middle-class revolt.

 

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Categories: Stocks

About Author

Rodney Johnson works closely with Harry Dent to study how people spend their money as they go through predictable stages of life, how that spending drives our economy and how you can use this information to invest successfully in any market. Rodney began his career in financial services on Wall Street in the 1980s with Thomson McKinnon and then Prudential Securities. He started working on projects with Harry in the mid-1990s. He’s a regular guest on several radio programs such as America’s Wealth Management, Savvy Investor Radio, and has been featured on CNBC, Fox News and Fox Business’s “America’s Nightly Scorecard, where he discusses economic trends ranging from the price of oil to the direction of the U.S. economy. He holds degrees from Georgetown University and Southern Methodist University.