Many in the marijuana world have worried a lot about big pharmaceutical companies taking over the industry. While I think that some of those fears are a bit overblown, I definitely am a little concerned too. I think that big pharmaceutical companies are going to flood the industry, and that there’s not a lot that can be done to stop it. With that being said, I think that there will always be a place in the marijuana industry for small businesses because they have the products that true veteran cannabis consumers really want.

Yesterday was a big day on the marijuana industry front, especially from a pharmaceutical company standpoint, as the results from a study were released by GW Pharmaceuticals. The results were favorable, and the news sent GW Pharmaceuticals’ stock soaring. Per Marijuana Business Daily:

A British maker of cannabis-based drugs revealed some sorely needed good news on Monday, announcing that an epilepsy medicine it created has successfully treated a severe form of epilepsy in children, according to Reuters.

In a clinical study, GW Pharmaceuticals said its Epidiolex syrup reduced the monthly number of seizures in children with Dravet’s Syndrome by 39%, compared to a placebo that reduced the seizures by 13%.

The results of the clinical study propelled the Cambridge-based firm’s stock price to $81.67 in morning trading on the Nasdaq, a gain of more than 112% over Friday’s closing price of $38.46.

On one hand I don’t like seeing pharmaceuticals being brought into the marijuana industry. On the other hand, it’s my understanding that Epidiolex is a 98% oil-based CBD extract, which is different than a lot of..............http://www.theweedblog.com/gw-pharmaceuticals-stock-value-grows-after-study-results-revealed/

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