GW Pharmaceuticals Is The Most Legit Among Marijuana Stocks


GW Pharmaceuticals or GWPH stock has exploded in the last year, up about eight-fold from spring 2013. But unfortunately, its valuation is based more on hope than anything since the company continues to operate in the red as it hopes for results to materialize from its drug pipeline. It’s one and only product, the marijuana-based drug Sativex, has been approved in several countries to treat multiple sclerosis patients, but as of yet, it is not approved in the U.S.

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