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GW Pharmaceuticals Sees 68% Q1 Revenue Growth Following Epidiolex Launch
Tuesday, February 26, 2019 - 5:40pm | 453GW Pharmaceuticals plc (NASDAQ: GWPH) reported its financial results Tuesday for the first quarter of fiscal 2019. The company reported revenue growth of 67.5 percent. One highlight: the report includes sales of the company's Epidiolex drug, which last year became the first cannabis-based...
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420 Investor: GW Pharma Investors May Have To Wait Out Short-Term Volatility
Monday, February 4, 2019 - 4:26pm | 703Investors in GW Pharmaceuticals PLC (NASDAQ: GWPH) may need to sit through some short-term volatility as sales of the company's newly approved drug ramp up slowly because of insurance coverage issues, says the author of The 420 Investor. Alan Brochstein, who is a founding partner of New...
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Bank Of America Bullish On GW Pharma, Expects Growth In Epidiolex Sales
Tuesday, December 4, 2018 - 1:20pm | 398Bank of America Merrill Lynch doubled down on its bullish thesis for GW Pharmaceuticals plc (NASDAQ: GWPH) and its flagship Epidiolex drug after attending the American Epilepsy Society's annual meeting. The Analyst Analysts Tazeen Ahmad maintained a Buy on GW Pharma with a $190 price...
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Cantor Fitzgerald Bullish On GW Pharmaceuticals, Sees 75% Upside Potential
Wednesday, November 28, 2018 - 4:11pm | 327GW Pharmaceuticals plc (NASDAQ: GWPH) Epidiolex drug and earlier-stage programs Sativex and CBDV will represent major catalysts for the stock in the near-term, in Cantor Fitzgerald's view. The Analyst Analyst Elemer Piros reiterated an Overweight on GW Pharmaceuticals with a $211 price...
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GW Pharma Beats Q4 EPS Estimates, Misses On Revenue
Tuesday, November 27, 2018 - 5:47pm | 404GW Pharmaceuticals plc (NASDAQ: GWPH) reported financial results for its fiscal fourth quarter 2018. Compared to analysts' consensus estimates, the company reported a better-than-expected net loss, but its top line missed the expectations. What Happened For the quarter ended Sept. 30, GW...
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Additional Late-Stage Study Confirms Efficacy, Safety Of GW Pharma's Epidiolex
Monday, November 26, 2018 - 10:53am | 397GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH) announced incremental positive news on its lead cannabinoid product candidate Epidiolex, sending the stock higher. What Happened GW Pharma announcedpositive results for a second, late-stage study that evaluated its Epidiolex oral solution for treatment...
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4 Reasons Why Leerink Is Bullish On GW Pharma
Wednesday, November 14, 2018 - 1:43pm | 376Leerink is taking a bullish stance on GW Pharmaceuticals PLC (ADR) (NASDAQ: GWPH), with a thesis centering around the company's lead drug Epidiolex; the drug Sativex; GW's involvement in the epilepsy market and its cannabinoid science platform. The Analyst Leerink's Marc Goodman...
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Experts Weigh In On Medical Cannabis Products Now Available In The UK
Friday, November 2, 2018 - 3:13pm | 608The global cannabis industry took two big steps forward this week. On Oct. 31, Mexico’s Supreme Court said the laws that ban recreational weed are unconstitutional, essentially opening the door for a potential legalization of pot in the future. The second major development took place across...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, September 28, 2018 - 4:31pm | 4579Two big news items dominated the cannabis industry this week: the re-scheduling of GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH)’s cannabis-derived drug, Epidiolex, from the Schedule I category to the Schedule V category; and High Times’ acquisition of Dope Magazine for $11.2 million in...
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GW Pharma's Epidiolex Becomes First CBD To Get DEA Rescheduling
Thursday, September 27, 2018 - 11:19am | 514Amid the controversies surrounding the legalization of cannabis and associated products, gradual advancements have been made this year. As of Sept. 27, a specific type of cannabidiol, or CBD oil will be federally legal in the United States. What Happened The U.S. Drug Enforcement Administration...
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Navigating The Maze Of The Cannabis Market After The Daze Of Summer
Tuesday, September 25, 2018 - 11:05am | 840Even before word of the DEA's landmark rescheduling of cannabidiol (CBD) for GW Pharmaceuticals (NASDAQ: GWPH) FDA-approved Epidiolex, the cannabis market has had a hot summer. Medical cannabis is now legal in 31 states and the District of Columbia, with adult-use markets open in 9 of them plus...
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Morgan Stanley: DEA Likely To Reclassify GW Pharma's Cannabinoid Therapy For US Launch
Wednesday, September 19, 2018 - 9:16am | 376By Sunday night, the U.S. Drug Enforcement Administration is expected to reclassify GW Pharmaceuticals PLC- ADR (NASDAQ: GWPH)’s Epidiolex to allow medicinal use. This could open the therapy to a new and promising market. The Analyst Morgan Stanley analyst David Lebowitz ...
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Stifel Bullish On GW Pharma, Sees $1.5 Billion In Epidiolex Sales By 2023
Wednesday, August 15, 2018 - 11:29am | 429After a huge year in 2017, GW Pharmaceuticals PLC-ADR (NASDAQ: GWPH) stock has traded mostly sideways so far in 2018. But one analysts believes GW will soon return to its winning ways. The Analyst Stifel analyst Paul Matteis initiated coverage of GW Pharma with a Buy rating and $181 price target....
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, June 29, 2018 - 3:48pm | 3502It was another extremely busy week for the cannabis industry. Voters in Oklahoma chose to legalize medical marijuana, becoming the 30th U.S. state to do so; GW Pharmaceuticals (NASDAQ: GWPH) got the first-ever FDA approval for a cannabis-based drug; Ice Cube’s Big3 basketball league...
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GW Pharmaceuticals' FDA Win Reinforces BofA's Bullish Thesis
Tuesday, June 26, 2018 - 3:50pm | 361The U.S. Food and Drug Administration approval of GW Pharmaceuticals PLC (NASDAQ: GWPH)'s epidiolex therapy for the treatment of seizures was expected — and reinforces the bullish case for owning the stock, according to Bank of America Merrill Lynch. The Analyst Bank of America'...