U.S. Attorney General Jeff Sessions, the highest law enforcement official in the land, despises marijuana to the point where his remarks about pot resemble a trailer for the camp classic Reefer Madness. But despite his harsh rhetoric, the legalization of marijuana rolls on (so to speak).
However, there’s more to the marijuana industry than getting high or treating pain. Empirical evidence shows that cannabis also can be used to ease addictions, notably for tobacco. Below, I pinpoint a hot marijuana biotech that’s in the vanguard of developing addiction-reducing treatments.
First, a quick disclaimer: we’re not necessarily fans of Mary Jane and its normalization. As an investor, you should remain coolly dispassionate and leverage investment opportunities as they are, not as you wish them to be.
For example, no sane person is in favor of war, but from time to time, this newsletter recommends defense stocks. If you think cannabis is the devil’s weed