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Industry Focus

Healthcare: Can Cannabis 2.0 Kickstart Marijuana Stocks? Plus, Why Novartis' Is Making A $10 Billion Bet

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 4 December 2019

⏱️ 31 minutes

🧾️ Download transcript

Summary

Second generation marijuana products including edibles and beverages launch in Canada's marijuana market this month, but there's still a lot of headwinds facing marijuana stocks. Is it safe to buy? Also, the potential to reshape how doctors treat patients at risk of cardiovascular disease has led to Novartis acquiring The Medicines Company for $9.7 billion. Will this be money well spent?

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Transcript

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0:00.0

This episode of Industry Focus is brought to you by Brave, a next generation free web browser

0:06.0

that focuses on ensuring your privacy and security.

0:10.0

Take back control of your online activity and switch browsers to brave today at brave.com slash full.

0:17.6

Again that's brave.com slash full.

0:22.4

Welcome to Industry Focus, the show that dives into a different sector of the stock market every single day.

0:28.0

Today is Wednesday, December the 4th and we're talking health care.

0:32.0

I'm your host Shannon Jones and I am

0:33.8

joined by health care guru Todd Campbell. Todd how's it going? It's good it's good I'm

0:39.5

actually I'm a little sore I've been I think Bear Asperin's best customer over the course of the last couple of days I don't know if

0:47.2

Alexandria got hit or not but we up here in New Hampshire got a good couple strong days of snow and it wasn't the light

0:54.3

fluffy stuff. It was the heavy heart attack-inducing stuff.

0:59.2

Oh my goodness, so you were basically propping up bear aspirin one pill at a time right now Todd

1:05.3

pretty much my shoulders are regretting my decision not to invest in a snow blower yet

1:11.9

again there you go there you go. There you go. Yeah, we have thankfully been able to dodge most of the snow here in Alexandria, but it's been getting quite cold and I am certainly feeling the chill. I just got over being sick all of

1:24.4

Thanksgiving week which is absolutely terrible. So I'm hoping I've at least got that out of

1:29.2

my system but super glad to be back on the show because we've got a lot to cover today Todd.

1:34.3

Yes as long as your voice holds up we're all set. That's right and so far so good and I've

1:39.5

got my tea right beside me but today's show I'm excited about because we've got big news

1:44.6

from across really multiple industries the first of which is bio-farma with big

1:50.0

M&A news and then also we're going to be giving updates on the cannabis space.

1:55.6

That's right, lots of things happening right now in the marijuana industry so we'll dive into all of that and

2:00.8

more. But first up let's talk about the acquisition everybody is

...

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