There are a lot of different types of marijuana stocks, and one of the most common types is a bit like an index fund. You can get a diversified portfolio of marijuana stocks that tracks an index of the entire industry, or you can take a pick-and-mix approach by picking individual companies that have certain qualities. It’s not a requirement, but your index fund will likely track the S&P 500 or the Dow Jones Industrial Average, since they are the most widely followed indices.
Marijuana stocks can be a profitable investment, but they face a lot of competition. Many companies are vying for your money, and the market is flooded with brokers offering various investment products. And those products are not cheap. Why not separate yourself from the pack and go for a reputable firm that offers a secure, hassle-free service with 24/7 customer support?
Marijuana Shares July 2019
The growth of the marijuana industry has given businesses in Canada and the U.S. huge growth opportunities thanks to government legalization. People interested in less risky stocks always prefer the big prices to buy cannabis-related stocks. The sector has grown in recent months and the U.S. stock market has been a success for many emerging marijuana companies. The NASDAQ was the world’s first electronic stock exchange, and many important stocks are listed on it. The stocks are low risk and contain all the necessary information about the companies. Here are some of the NASDAQ-listed marijuana stocks that have a bright future:
- Atlantic Alliance Partnership Corporation (AAPC)
This company is currently in the process of merging with Kalyx Development Inc, a real estate brand in the regulated cannabis sector in the US. It is a newly formed company with a blank cheque in the British Virgin Islands. The partners of the company are not liable for more than the value of the shares they have paid up (limited liability). CSLA’s stock price is $10. Cara Therapeutics is a company that specializes in the development and commercialization of new chemical compounds for the treatment of conditions such as pain and itching. The company is currently researching cannabinoids for the treatment of neuropathic pain. The share price is currently $16.60.
- Corbus Pharmaceuticals Holdings Inc. CRBP.
Corbus Pharmaceuticals Holdings Inc – Biotechnology company engaged in the research, development and production of cannabis compounds for the treatment of chronic diseases. The company even produces medical cannabis solutions to treat other conditions. This Canadian cannabis company has licensed cannabis production subsidiaries and manufacturing facilities. Altria announced a $1.8 billion investment in the company in December 2018. This will contribute to the development of the company’s current activities and give it more opportunities to expand its position.
- GW Pharmaceuticals (GWPH)
This pharmaceutical company manufactures cannabinoid-based drugs for the treatment of various chronic diseases, including cancer pain, sclerosis and childhood epilepsy. The company has a good reputation in many parts of the world. The activity of this pharmaceutical company, specializing in medicinal cannabis, is broader and includes the production of the most effective cannabis-based medicines.
- Insys Therapeutics Inc. INSY.
Insys is a specialist company that develops cannabinoid-based therapies for a variety of conditions, including Prader-Willi syndrome, epilepsy and amphetamine addiction. The company has received FDA approval for its drug to treat chemotherapy-induced nausea and anorexia in AIDS patients. The unique composition of the company’s drug list follows from the positive outlook for drugs in the future. The company is a clinical-stage biopharmaceutical company developing drugs based on cannabinoid technology. The company is working on indications for the treatment of fibromyalgia and low back pain. The stock is valued at $7.4 and is expected to grow thanks to the company’s positive results.
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