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MarketFoolery

The Growing Case for Marijuana

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 21 May 2018

⏱️ 19 minutes

🧾️ Download transcript

Summary

Though currently littered with penny stocks, the landscape for investing in marijuana is improving. Shannon Jones analyzes the recent merger of Aurora Cannabis and MedReleaf, and the impending FDA approval for GW Pharmaceuticals. Plus, we discuss how professional athletes and owners are helping the case by becoming more vocal about marijuana as a device for pain management.

Transcript

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0:00.0

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0:03.5

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0:05.3

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0:13.0

To get started, go to rocket mortgage.com slash fool.

0:16.0

It's Monday, May 21st, welcome the market foolery.

0:20.0

I'm Chris Hill joining me in studio from Industry Focus Shannon Jones. Thanks for being here.

0:26.6

So glad to be here, Chris. So doing something a little different today and tomorrow.

0:31.8

We're actually taping this on Friday because the

0:35.2

multimedia team of which our man behind the glass, Dan Boyd, is a proud member of. They're

0:41.1

going to be doing a training, an all-day training on Monday and

0:44.3

Tuesday, so we're taping stuff early, so we're not going to be talking about

0:47.4

business news today or tomorrow. So just, you know, stick in, hang in there

0:52.1

if there's business news and hopefully we'll get to it Wednesday or later in the week on Motley full money.

0:57.4

But I wanted to talk to you because you've got a science background and I want to talk about an industry that I know I

1:06.8

know you know it a whole lot better than I do and it's one that we get so many

1:10.5

questions about and and that's marijuana. so many video or anything like that we always get questions like what do you think of

1:24.4

marijuana stocks and the the short and easy answer is well here in the United States

1:31.3

most of them are penny stocks and they're terrible.

1:35.0

But there have been a few things that have happened recently that I thought might give us the opportunity

1:40.8

to dig a little deeper into this, and particularly on the medical side of it.

...

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