CANNAINVESTOR Magazine U.S. Publicly Traded February 2018 | Page 105

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Inflation is not always the enemy of progress that some have led you to believe. Without inflation, an economy cannot grow and wages remain stagnant. Some Economists may say that resources are sitting idle and therefore wasted. Unexpected changes to the rate of inflation may contribute to market volatility. How many times did the Dow Jones plummet when the inflation rate came in relatively unchanged and exactly in line with expectations? This is a good reference on explaining inflation and why it is not always bad.

7. Marijuana and hemp are typically self-contained domestic markets – international events have little impact. For example, a European crisis has little impact on the supply and demand of Cannabis within California. There are no foreign currencies or tariffs to worry about that would materially affect domestic supply and demand, and so forth.