Marijuana stocks are the shares of companies involved in the growing of marijuana, pharmaceutical or biotech development of medical cannabis, or suppliers of products and services. There are roughly two types of marijuana products: medical and recreational.
Most companies are involved in the production of medical marijuana, since cannabis-based products seems to have positive effects on people suffering from a variety of medical conditions. Preliminary research suggests that cannabis can reduce nausea during chemotherapy, improve appetite in people with HIV/AIDS, reduce chronic pain and muscle spasms, and even treat severe forms of epilepsy. Furthermore, marijuana appears to be a great muscle relaxant, capable of lessening the tremors associated with Parkinson’s disease. Nowadays, many pharmaceutical companies are involved in the production of medicinal cannabis.
As far as recreational cannabis, the countries presently allowing recreational marijuana consumption are a minority, but if in the future, other countries will follow Canada’s example and legalise recreational cannabis, it is very likely that more companies will start focusing on it.