It's Not Just About Getting High (wow, Bob Barr now backs Medical Marijuana?)

[The Straight Story]

It's Not Just About Getting High - Seven Marijuana Stocks


On Thursday, January 22, CNBC will be presenting a program called Marijuana Inc., which goes into depth about the big business of marijuana. But besides the illegal uses of marijuana, there are many medical uses. For example, the Journal of Neuroscience reported that the active ingredient in marijuana can be used in the treatment of Alzheimer's disease. Researchers found that cannabinoids can help prevent mental deterioration through the reductions of Alzheimer's related inflammation.

Even members of the government are starting to change their tune on the drug. Bob Barr, a former Republican congressman from Georgia, who had historically opposed medical marijuana use, has done a complete turnaround and now supports the adult use of medical marijuana. He is now a lobbyist for the Marijuana Policy Project.

So are there any public companies that can benefit from the marijuana sector? There seems to be a grass roots effort to get this budding industry growing, or maybe it is just a pipe dream.

A couple years ago, a Canadian company, Cannasat Therapeutics Inc. (CANNF.PK), went public, which trades on the Toronto Venture Exchange. The company is involved in the development of cannabinoid-based pharmaceutical products, which are utilized in the treatment of neuropathic pain, chronic pain, depression, anxiety and movement disorders. In addition, the company had owned, but recently sold, part of Prairie Plant Systems Inc., the only Canadian government licensed grower and distributor of medicinal cannabis. Cannasat is a very low cap stock and should therefore be considered very speculative.

http://seekingalpha.com/article/115726-it-s-not-just-about-getting-high-seven-marijuana-stocks