Can This Marijuana Stock Add Some Green to Your Portfolio?

By:
Can This Marijuana Stock Add Some Green to Your Portfolio?

Pixabay / NikolayFrolochkin / CC0 Public Domain

Investors in cannabis companies had an eventful 2016 with the approval of recreational marijuana usage in the states of California, Massachusetts, Maine, and Nevada providing a boost to all sorts of marijuana stocks. Of particular note, shares of Corbus Pharmaceuticals (NASDAQ: CRBP) posted a whopping 600% gain in 2016 following positive phase 2 data.

Corbus Pharmaceuticals, interestingly, is not at all engaged in medical or recreational marijuana sales — instead, it’s focused on the development of a nonpsychoactive synthetic drug that mimics the body’s reaction to THC.

View Original Article Here

Repost is the designation for articles collected from the Internet whose content may interest our readers. These articles are not written by our staff and they do not necessarily reflect our views.

Related posts

Top