Profit Confidential/MGW Two of the Best Medical Marijuana Stocks After Many States Legalize Weed in the U.S.
Best Medical Marijuana Stocks
While we’re focusing on the best medical marijuana stocks, it’s important to note that one of these picks is a Canadian-based company with operations in the United States. The best medical marijuana stocks are often Canadian-based, even if they operate in America.
1. AbbVie Inc
The pharmaceutical company AbbVie Inc (NYSE:ABBV) is one of the stronger ones headquartered in the U.S.
The company’s cannabis products include the Food and Drug Administration (FDA)-approved “Marinol,” which is given to chemotherapy patients to help reduce nausea and vomiting. It is also effective at restoring AIDS patients’ appetites. (Source: “Why Prescribe Marinol,” Marinol, last accessed February 20, 2018.)
2. Maple Leaf Green World Inc
My other pick for best medical marijuana stock is Maple Leaf Green World Inc (OTCMKTS:MGWFF, CVE:MGW).
Maple Leaf is looking to capitalize on the growth in both the U.S and Canadian medical marijuana markets.
The Canadian company currently has designs on Nevada and California—both of which are some of the most progressive states when it comes to marijuana laws, with medical marijuana having been legal in these states for nearly two decades.