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London gets high on cannabis stocks

Cannabis plant

The main market of the London Stock Exchange has embraced its first medicinal cannabis companies, but things were very different a few years ago. This article introduces the popular newcomers to the main market of the London stock exchange, its larger international peers and market peculiarities of this wacky sector.


Earlier in the month, MGC Pharmaceuticals (LON:MXC) became the first medicinal cannabis company to be listed on the main market of the London Stock Exchange.


GW Pharmaceuticals (GWPH), a developer of marijuana-based epilepsy treatments, was previously listed on AIM but delisted in 2016 due to a general lack of interest in its shares from UK investors. At the time of its delisting GW said that 78% of its shares were held as ADRs on the Nasdaq…

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