Pot stocks to buy

Pot stocks to buy

Author: gundos On: 30.05.2017

Founded in by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Although marijuana stocks have skyrocketed in the last couple of years, many investors have been understandably leery of jumping on board.

This reluctance could stem from fear that the U. If you remain leery about marijuana stocks, The Scotts Miracle Gro Company NYSE: SMG , Cara Therapeutics NASDAQ: CARA , and GW Pharmaceuticals NASDAQ: GWPH provide ways to invest in companies that can profit from marijuana without the negative baggage associated with marijuana growers.

Here's why investors might like these three stocks that don't fit the mold of most marijuana stocks.

To grow marijuana, you need supplies. Scotts Miracle Gro has become the go-to source for many of the supplies that marijuana cultivators use -- and that's no accident. Those efforts seem to have paid off.

Even though Scotts has become known as a primary supplier for the marijuana industry, most of its revenue is generated elsewhere. Traditional lawn and garden products still produce the highest sales for the company. Not everyone is convinced that Scotts Miracle Gro is a smart pick, though.

Cara Therapeutics can be mentioned as a marijuana stock because of the company's research into alleviating pain by selectively modulating cannabinoid receptors. However, the one cannabinoid receptor agonist that Cara has, CR, is only in pre-clinical development.

The primary focus for Cara -- and the primary reason why investors might like the stock -- is its lead candidate, CR Although opioid drugs have been at the center of controversy because of a high number of deaths resulting from overdoses, CR is a different kind of opioid.

CR doesn't enter the brain, so it has the potential to relieve pain without causing negative side effects linked with existing opioid drugs. The drug is being evaluated in several clinical studies, the most advanced of which is a late-stage study for alleviating post-operative pain. Cara expects to announce results from this study in the first half of Marijuana is definitely core to GW Pharmaceuticals' business. The company's only marketed product, Sativex, is a cannabinoid oral spray approved for treating multiple sclerosis spasticity in multiple countries outside of the U.

3 Marijuana Stocks to Buy if You're Leery of Buying Marijuana Stocks -- The Motley Fool

GW's hopes, though, are pegged to another cannabinoid drug -- Epidiolex. Epidiolex is an oral solution derived from pure cannabidiol, a chemical found in marijuana plants. The company should file for regulatory approval of the drug this year. If all goes well, GW could launch Epidiolex for both indications in Aside from winning regulatory approval, the primary question for GW Pharmaceuticals relates to payer reimbursement for Epidiolex.

If the company gets the coverage it would like, many patients appear likely to use the drug even though cannabidiol is available from other sources. Several risks exist for each of these three stocks. For Scotts Miracle Gro, the risk is that short-sellers are right that the gains chalked up recently will evaporate. For Cara Therapeutics, the key risk is that the late-stage study of CR won't be successful.

For GW Pharmaceuticals, risks include failing to win approval for Epidiolex and running into problems convincing payers to reimburse for the drug -- even if approval is obtained.

Many investors, however, would rather face these risks than worry about whether or not the U.

The only marijuana stock worth buying is - Apr. 17,

For those wanting to buy marijuana stocks without some of the negatives associated with them, Scotts Miracle Gro, Cara Therapeutics, and GW Pharmaceuticals could be as good as it gets.

Keith Speights has no position in any stocks mentioned.

Is This the Best Marijuana Stock to Buy Right Now? -- The Motley Fool

The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Top 4 Marijuana Stocks to Watch in June (ABBV, SMG) | Investopedia

Keith began writing for the Fool in and focuses primarily on healthcare investing topics. His background includes serving in management and consulting for the healthcare technology, health insurance, medical device, and pharmacy benefits management industries.

Skip to main content The Motley Fool Fool.

Marijuana Penny Stocks 2016 - Warning From Tim Sykes

Premium Advice Help Fool Answers Contact Us Login. Latest Stock Picks Stocks Premium Services. Stock Advisor Flagship service. Rule Breakers High-growth stocks. Income Investor Dividend stocks. Hidden Gems Small-cap stocks. Inside Value Undervalued stocks. Learn How to Invest.

pot stocks to buy

Credit Cards Best Credit Cards of Best Credit Card Sign-Up Bonuses Best Balance-Transfer Credit Cards Best Travel Credit Cards Best Cash-Back Credit Cards Best No-Annual-Fee Credit Cards Best Small Business Credit Cards.

Mortgages Compare Mortgage Rates Get Pre-Approved How Much House Can I Afford? Taxes How to Reduce Your Taxes Deductions Even Pros Overlook Audit-Proof Your Tax Return What Info Should I Keep? Helping the World Invest — Better. How to Invest Learn How to Invest. Personal Finance Credit Cards Best Credit Cards of Best Credit Card Sign-Up Bonuses Best Balance-Transfer Credit Cards Best Travel Credit Cards Best Cash-Back Credit Cards Best No-Annual-Fee Credit Cards Best Small Business Credit Cards.

Apr 9, at 7: Prev 1 2 3 4 Next. Motley Fool push notifications are finally here Allow push notifications to help you stay on top of Breaking investing news Earnings coverage Market movers Special offers and more Subscribe to notifications You can unsubscribe at any time.

inserted by FC2 system