You Either Believe The Drug Is Going To Work Or Not.

Investments in pharmaceutical companies developing drugs from cannabis to treat ailments such as epilepsy and multiple sclerosis may be a natural fit for some investors in San Diego, where the biotech industry has a marijuana news high profile. Its no difference, Scatizzi said. You either believe the FDA is going to approve the drug or not. You either believe the drug is going to work or not. If it works, Merck, Pfizer, Bayer, will buy them. End of story. Theres going to be a huge value in it. It just happens that theyre getting their medication from cannabis. Investor networks are another avenue. Investing your money, rather than in a specific company, but in a fund would offer an opportunity because theyll do all the leg work, theyll listen to the pitches, theyll vet out the companies you can invest money in, said Humiston. But in most cases, you have to qualify as an accredited investor , which means meeting financial individual requirements such as income of $200,000 in each of the last two years or a net worth of more than $1 million excluding your primary residence.

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