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3 Ways to Invest in Weed BESIDES Marijuana Stocks

Submitted by Marijuana News on Tue, 06/07/2016 - 08:45

A CBS poll of Americans just last month found that 56% of voters believe marijuana use should be legal. Instead of investing in volatile and illiquid OTC-traded marijuana stocks, consider creative alternatives GW Pharmaceuticals PLC- ADR (GWPH), 22nd Century Group Inc (XXII) and Altria Group Inc (MO).

G.W. Pharmaceuticals (GWPH)

GWPharmaceuticals-GWPH-stock-logoWall Street typically shuns most of the OTC-listed marijuana stocks. But GWPH is actually covered by several major firms, including  Morgan Stanley, Leerink Partners and ROTH Capital.

Instead of focusing on growing and selling marijuana, GWPH is exploring potential medicinal applications of marijuana. GWPH’s lead drug, Sativex, is already approved to treat spasticity due to multiple sclerosis in 27 countries around the world. Sativex is also currently in Phase III trials for use to treat advanced cancer pain.

In March, GWPH reported positive Phase III data on another drug, Epidiolex, which is being tested for treatment of...

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