$GWPH, $INSY, $CARA, $MON, $ADM
Marijuana legalization in the USA has brought keen interest among investors seeking to profit from a growing and very valuable cash crop.
The states of California, Nevada, Massachusetts, Maine, Florida, North Dakota, Arkansas and Montana have approved measures to allow the Medical and/or Recreational use of cannabis.
For now the drug is still illegal under federal law, presenting a risk that investors need to consider before investing in the growing industry.
Investor concern means than some stocks of companies that are directly and/or indirectly related to marijuana are currently undervalued in comparison with their potential.
But that makes them possible acquisition targets.
GW Pharmaceuticals (NASDAQ:GWPH), Insys Therapeutics (NASDAQ:INSY), and Cara Therapeutics (NASDAQ:CARA) are researching therapeutic effects of cannabis-derived substances.
Once a company’s product is in FDA clinical trial, the company is