The first legitimate publicly traded marijuana company GWPH

While doing my reading over the weekend, I noticed a company that went public last week that was strikingly different.  It’s GW Pharmaceuticals and I can definitively say this is the first legitimate marijuana investment I have seen.  There have been other penny stocks listed but this is actually an ADS listed on Nasdaq.  Oddly enough it’s not even a hot IPO.  You can purchase shares at the IPO price of $8.90 per ADS.  That’s probably not a good thing as smart investors always smell out hot new companies.  I won’t comment on the merits of this investment other to … Read more