The Green Rush: Searching For (High) Yields

By Dania Duran

As more and more states across the US push towards marijuana reform, investors are increasingly seeing the plant and its chemical compounds as an emerging industry, ripe for the taking in what is fast becoming a multi-billion dollar business. Over the years, they’ve garnered a little action in the OTC market, but we’re taking a look at a few pot-related stocks that you can trade across the Nasdaq/NYSE, and you might be surprised at who makes the list.

AbbVie Inc. (NYSE:ABBV)

In 2013, Abbott Laboratories spun off its pharmaceutical arm into AbbVie Inc., a research-focused PLC that manufactures well-known drugs such as Humira, Vicodin, and a synthetic cannabinoid capsule called Marinol. Cannabinoids are the chemical group of which tetrehydrocannabinol (THC), and cannabidiol (CBD) have been located, among at least 113 others. These cannabinoids are what

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