GWPH - Is This Stock a Safe Way to Get in on the Cannabis Craze?
Let's face it: Marijuana stocks are struggling. Last week, several of the top pot companies -- including the two largest, Aurora Cannabis and Canopy Growth, reported their quarterly results, and they performed so badly that the ensuing response by the market was a bloodbath.
Still, it would be a mistake to swear off the cannabis industry entirely, since it is still one of the fastest-growing sectors in the world. There are many ways to invest in various segments of the industry, several of which don't include putting your hard-earned cash in pure-play pot stocks that offer little more than flimsy promises. Here's one company with a hand in the cannabis space you should keep on your watch list: GW Pharmaceuticals (NASDAQ: GWPH).
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