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GWPH - GW Pharma A Buy On Back Of Results And Corona Virus Effects
GW Pharmaceuticals Plc
The Q4 results of GW Pharma (NASDAQ:GWPH) continue the strong progress the company has been making. This was a continuation of the picture from Q3. The figures did not come as a surprise as the company had provided provisional results in January, which I wrote about here.
In my article in October I wrote about the progress made in Q3 and how the stock price was not accurately representing this progress. This was due mainly to short-term market manipulation and to the company's presence in ETFs, which represent the generally depressed cannabis business.