GW Pharmaceuticals Isn't a Cannabis Stock -- and 4 Other Things Its CEO Wants You to Know [The Motley Fool]
GW PHARMACEUTICALS PLC AMERICA (GWPH)
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GW Pharmaceuticals Isn't a Cannabis Stock -- and 4 Other Things Its CEO Wants You to Know Keith Speights ( TMFFishBiz Sep , 09 at 7:0AM Don't call GW Pharmaceuticals NASDAQ:GWPH Of course, GW Pharmaceuticals is often labeled a cannabis stock or marijuana stock Gover didn't vent for too long at the Morgan Stanley conference, though. Here are four other things he said that investors interested in GW Pharmaceuticals will want to know. Image source: Getty Images. . Expect strong -- but slowing -- U.S. growth for Epidiolex GW's cannabidiol (CBD) drug Epidiolex has gotten off to a roaring start in the U.S. The company reported that sales for Epidiolex totaled $8. million in the second quarter Gover said that he expects sustained strong sales growth for Epidiolex in treating Dravet syndrome and Lennox-Gastaut syndrome (LGS). However, he cautioned that the rate of growth will cool down somewhat. There was a tremendous pent-up demand for Epidiolex when it first hit the U.S. market. Gover said
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