This Latest Marijuana Survey Should Be Great News for Cannabis-Focused Biotechs [The Motley Fool]
GW PHARMACEUTICALS PLC AMERICA (GWPH)
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Source: The Motley Fool
No pain, big gain? There could be an untapped market for cannabinoids that biotechs aren't aggressively pursuing yet. Support for medical marijuana is at an all-time high in the U.S. The first marijuana plant-based prescription drug is on the verge of winning FDA approval for treating two rare forms of epilepsy. But could cannabis-based drugs target more common indications that affect millions of Americans? Maybe so. A recent survey uncovered some intriguing news about how some individuals are using marijuana. These results could hint at the potential for biotechs to develop cannabinoids that can treat a problem that affects nearly 40 million Americans. Image source: Getty Images. Older adults and marijuana It's not just younger adults who support legalization of medical marijuana. In April, the AARP reported findings from a survey that found 80% of Americans between the ages of 50 and 80 either strongly or somewhat support the use of marijuana with a phy
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